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November 19, 2014

CFPB Warns Mortgage Firms on How they Treat Borrowers with Disability Income

By Thomas Ressler

The new bulletin discusses standards and guidelines on verification of disability income, including those under the CFPB’s ability-to-repay rule.

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Poll

With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher

48%

50% to 74%

24%

30% to 49%

14%

Under 30%

14%