Tag: QM

What’s A Qualified Mortgage (QM)?

January 25, 2019 0 Comments
What’s A Qualified Mortgage (QM)?

One of the better ideas to come out of the Dodd-Frank Wall Street Reform and Consumer Protection Act was to create something called a “qualified residential mortgage.” You want to know about such financing because most lenders offer little else. Under Wall Street reform several federal agencies have worked out a definition of the term “qualified mortgage” or […]

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