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Home » Store » News » Investors May Call for Uniform Definition for QM

Investors May Call for Uniform Definition for QM

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A provision in the Dodd-Frank Wall Street Reform and Consumer Protection Act allowing federal agencies that insure mortgage loans to develop rules defining “qualified mortgages” (QM) for their loans may not be ideal for investors, according to industry attorneys. In addition to a recent Federal Reserve proposed rule on ability to repay ...
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