Thursday, December 12, 2013

HUD Puts Out Qualified Mortgage Definition

Posted by Me on Facebook on December 12, 2013 at 12:45PM:



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Source:

http://bit.ly/1bHPyU9

Description:

HUD has issued a newly revised definition of a qualified mortgage (QM) that will affect all Federal Housing Administration (FHA)-insured loans moving forward. The new rules go into effect on January 10, 2014, and will apply to mortgages that are insured,

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