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Ability-to-Repay FRB

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Federal Banking Agencies Issue Interagency Statement on Supervisory Approach to Qualified Mortgage Loans

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The FDIC, OCC, NCUA and FRB issued an interagency statement on the supervisory approach to originating qualified mortgages under the CFPB’s ability-to-repay and qualified mortgage rule finalized in January 2013 and...more

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