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ABA Supports Proposed Qualified Mortgage Rule Changes  

September 09, 2020 at 07:55PM

In a comment letter to the CFPB yesterday, the American Bankers Association offered support for recent proposals that would make changes to the Qualified Mortgage rule and ultimately allow the temporary “GSE patch”—which grants QM status to loans eligible to be purchased or guaranteed by Fannie Mae and Freddie Mac—to expire once the changes take effect.  

The post ABA Supports Proposed Qualified Mortgage Rule Changes   appeared first on ABA Banking Journal.

via ABA Banking Journal https://bit.ly/2FkFMzk

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