Advocate Favors 20% Down QRM

When it comes to qualified residential mortgages, industry and consumer groups like to say they are united, arguing that too strict a QRM definition will result in disqualifying many otherwise creditworthy borrowers. But not everyone is of that mindset.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_410/advocate-20-percent-down-qrm-1026117-1.html?CMP=OTC-RSS

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