Real Estate Matters | CFPB’s new ‘qualified mortgage’ rule now in effect

By | General

FROM http://www.washingtonpost.com/blogs/where-we-live/wp/2014/01/22/real-estate-matters-cfpbs-new-qualified-mortgage-rule-now-in-effect/ By Ilyce R. Glink and Samuel J. Tamkin January 22 at 5:30 am Last week, the Consumer Financial Protection Bureau’s (CFPB) new qualified mortgage (also known as the ability-to-repay) rule went into effect. The new rule is about helping borrowers understand the true costs of the mortgage they apply for. On the flip… Continued

January 27, 2014