Analysts at Bank of America Merrill Lynch and elsewhere cite evidence of a creeping goal line to move back by 12 months the June 1, 2009, cut-off date for HARP eligibility.
Reps. Shelley Moore Capito, R-WV and Sean Duffy, R-WI, respectively chairman and vice chairman of the subcommittee, had not viewed the CFPBs analysis on QM.