Sentences with phrase «opposed qualified residential mortgage»
«A narrow QM definition that tracks closer with the related and widely opposed Qualified Residential Mortgage definition would deny millions of qualified, creditworthy consumers access to an affordable mortgage or perhaps any mortgage.»
http://rismedia.com/
• Tell them to oppose a Qualified Residential Mortgage (QRM) that establishes a down payment standard and extremely tight debt - to - income and credit standards.
Not exact matches
The new agency would focus on the securitization of «qualified residential mortgage» loans, but those loans wouldn't be determined based on the amount of the down payment the borrower puts up, as banking regulators have proposed and which NAR opposes.