Sentences with phrase «controversial qualified residential mortgage»
By Robert Freedman, Senior Editor, REALTOR ® Magazine There's still a long way to go for NAR and the 44 other organizations in a coalition to get banking regulators to rethink their controversial qualified residential mortgage (QRM) rule, but a...
http://speakingofrealestate.blogs.realtor.org/ Not exact matches
In a small but notable victory for consumers and REALTORS ®, federal banking regulators pushed back to Aug. 1 from June 10 the deadline for public comment on their controversial rule to define a safe, qualified residential mortgage as one with at least 20 percent down, among other strict underwriting criteria.