CFPB to Extend Compliance Date for Qualified Mortgage Rule
The Consumer Financial Protection Bureau plans to delay the mandatory compliance date of the General Qualified Mortgage (QM) final rule that was issued late last year.
The Consumer Financial Protection Bureau plans to delay the mandatory compliance date of the General Qualified Mortgage (QM) final rule that was issued late last year.
The Consumer Financial Protection Bureau issued a final rule on Tuesday to extend the Government-Sponsored Enterprise (GSE) Patch, a move that could protect borrowers with high debt-to-income ratios.
The Warren Group is reporting the top lenders for FHA loans, as well as VA loans, home equity lines of credit and adjustable rate mortgages in Connecticut. The rankings include banks, credit unions and mortgage companies and are based on loan volume in 2019.
The Supreme Court is making it easier for the president to fire the head of the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau says it wants to eliminate the debt-to-income test from its qualified mortgage lending rules.