Michael Dailey

CFPB’s Ability to Pay Rule

Last week, the Consumer Financial Protection Bureau (CFPB) issued its final Ability-to-Repay Rule (the Rule). The CFPB is also seeking comments on a concurrent proposal that would modify the ability-to-repay rule, which it...more

1/21/2013 - Ability-to-Repay CFPB Dodd-Frank Mortgages Qualified Mortgage Rule Underwriting