QM news

  • Cordray defends controversial mortgage rules by Ryan Smith

    The director of the Consumer Financial Protection Bureau explained his agency's mission and defended controversial new mortgage regulations Monday at the Mortgage Bankers Association's 100th annual conference and expo

  • One-fifth of mortgages wouldn't meet QM standard by Ryan Smith

    More than 20% of mortgage loans originated today wouldn’t meet the “Qualified Mortgage” threshold, according to a leading risk management firm

  • QM won't mean mortgage apocalypse, wholesalers say by Ryan Smith

    A panel of wholesale lenders has claimed that neither the Qualified Mortgage Rule nor the potentially profit-strangling 3% fees cap is necessarily the end of the world

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