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Home » News » Short Takes: Senator’s Bill to Amend TILA Has ‘Legs’ / MBA: Mortgage Credit Availability Increases In July /Freddie Announces Ninth Multifamily K-Deal of 2014 / Statebridge Receives Mid-Tier Rating from Fitch / Fannie: Lenders Expect Non-Agency Credit St
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Short Takes: Senator’s Bill to Amend TILA Has ‘Legs’ / MBA: Mortgage Credit Availability Increases In July /Freddie Announces Ninth Multifamily K-Deal of 2014 / Statebridge Receives Mid-Tier Rating from Fitch / Fannie: Lenders Expect Non-Agency Credit St

August 5, 2014
Thomas Ressler, Brandon Ivey, and Charles Wisniowski
Shortly before Congress left town for its annual summertime break, Sen. Mary Landrieu, D-LA, introduced S. 2641, legislation to amend the Truth in Lending Act to provide that residential mortgage loans held in portfolio would be deemed qualified mortgages for purposes of satisfying the requirements of the Consumer Financial Protection Bureau’s ability-to-repay rule.
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