Sentences with phrase «upcoming qualified mortgage rule»
This will be critical to show compliance not only with the CFPB's loan originator compensation rule, but with the upcoming Qualified Mortgage Rule, which includes loan originator compensation in the points and fees calculation.
http://www.mortgagecompliancemagazine.com/ Not exact matches
But NAR and the others also made it clear that the risk - weighting just wasn't necessary, in part because the bad exotic loans of the housing boom were now a thing of the past and also because the upcoming qualified mortgage (QM) rule set standards for strong loans without requiring banks to hold more capital.