Home » What We’re Hearing: Perhaps, CFPB Director Cordray Needs to Understand His Own QM Rule / Most Jumbos are Non-QMs? Not So Fast… / Paying $5,000 for a Realtor ‘Desk Rental’ / Gift Cards Too? / A New Bill on ‘Captives’ and the FHLBs
What We’re Hearing: Perhaps, CFPB Director Cordray Needs to Understand His Own QM Rule / Most Jumbos are Non-QMs? Not So Fast… / Paying $5,000 for a Realtor ‘Desk Rental’ / Gift Cards Too? / A New Bill on ‘Captives’ and the FHLBs
Although some lenders love having a desk in a high-volume Realtor’s office, others loathe the practice. “I lost so much business to those places over the years,” he said. “I refused to pay $5,000 for a desk…”