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CFPB Makes QM Rule Delay Official

CFPB Makes QM Rule Delay Official

by The Commercial Record | Apr 28, 2021 | Banking & Lending, CR Daily, Industry News

The Consumer Financial Protection Bureau has delayed the mandatory compliance date of the General Qualified Mortgage final rule from July 1 to Oct. 1, 2022.

CFPB Proposes Alternative to DTI Limits in QM Lending Standards

CFPB Proposes Alternative to DTI Limits in QM Lending Standards

by Diane McLaughlin | Jun 23, 2020 | Banking & Lending, CR Daily, Industry News

The Consumer Financial Protection Bureau says it wants to eliminate the debt-to-income test from its qualified mortgage lending rules.

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