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

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FROM 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