CFPB Proposes Alternative to DTI Limits in QM Lending Standards
The Consumer Financial Protection Bureau says it wants to eliminate the debt-to-income test from its qualified mortgage lending rules.
The Consumer Financial Protection Bureau says it wants to eliminate the debt-to-income test from its qualified mortgage lending rules.
A report released yesterday by Freddie Mac reported good news across the board in August for the GSE’s balance sheet.
Freddie Mac is projecting smooth sailing for the U.S. real estate economy, according to its 2018 Economic Research Outlook released last week.
The Federal Home Loan Mortgage Co. (Freddie Mac) last week announced it will no longer accept borrower down payments of less than 3 percent for mortgages that close on and after Nov. 1, 2017 – with a few exceptions.