Four of the largest mortgage lenders in the country are leading a coalition that is calling on the Consumer Financial Protection Bureau to make to changes to Ability to Repay/Qualified Mortgage rule. Specifically, the group, which includes Bank of America, Quicken Loans, Wells Fargo, and Caliber Home Loans, wants the CFPB to do away with the QM rule’s debt-to-income ratio requirement.
https://karincomeaux.com/wp-content/uploads/2020/12/SiteLogo-2019-9-24-7-47-34.png 0 0 HousingWire https://karincomeaux.com/wp-content/uploads/2020/12/SiteLogo-2019-9-24-7-47-34.png HousingWire2019-09-10 18:11:002019-09-10 18:11:00Wells Fargo, Bank of America, Quicken Loans, others want DTI requirement eliminated from QM lending rules
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8880 W Sunset Rd, Ste 290
Las Vegas, NV 89148