As the holiday season approaches, you might wonder how it impacts the real estate market.…
CFPB planning to eliminate DTI requirement from QM lending rules
Over the last several months, a number of the nation’s largest lenders and housing trade groups have called on the Consumer Financial Protection Bureau to make changes to the Ability to Repay/Qualified Mortgage rule.
And now, it looks like they’re going to get their wish. Read the full story from HW here.