Could the CFPB be worried that its ability-to-repay/qualified mortgage rule is already contracting the availability of mortgage credit? In his remarks earlier this week to the Credit Union National Association, Director...more
3/1/2013
- CFPB Mortgages Qualified Mortgage Rule
On January 10, 2013, the CFPB issued the long-awaited ability to repay/qualified mortgage rule and, while the devil will be in the details, it appears that cautious optimism for the mortgage industry is warranted....more
1/14/2013
- CFPB Qualified Mortgage Rule Safe Harbors