Lenders Scrambling to Deal with HUD’s Alternative QM Definition

Lenders are increasingly anxious about how to deal with the Department of Housing and Urban Development’s recent proposal concerning the definition of “qualified mortgages,” noting the agency’s plan differs in key respects from the CFPB’s QM rule.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Lenders-Scrambling-Deal-HUD-Alternative-QM-Definition-1039320-1.html

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