United Front Supports ‘Broad’ QM Lending Rule

Mortgage standards are already too tight and the Consumer Financial Protection Agency should not make them even tighter in drafting a final ‘qualified mortgage’ rule, according to a new letter signed by 33 lender, housing and consumer groups.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_582/united-front-supports-broad-qm-lending-rule-1029965-1.html

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