The National Association of Federal Credit Unions is calling upon the leadership of the House Financial Services Committee to support legislation that would revise the definition of ‘points and fees’ used to determine what is a qualified mortgage under the CFPB’s ability-to-repay rule. H.R. 1077, the “Consumer Mortgage Choice Act,” was introduced by Rep. Bill Huizenga, R-MI, in March. The legislation would make it easier for consumers to qualify for QM loans at a lower rate by changing the definition of points and fees as it applies...