Feds: 'Qualified' Status Will Not Affect Compliance with Other Regs

Posted by Me on Facebook on December 16, 2013 at 08:10PM:



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Source:

http://bit.ly/1bVnsVP

Description:

Addressing concerns that originating only Qualified Mortgage (QM) loans will interfere with a lender’s compliance with other regulatory standards, federal agencies on Friday assured institutions that they will base their judgments of a loan’s