Prior to the deadline for public commentary on Tuesday, housing industry trade groups, companies and organizations responded to the Consumer Financial Protection Bureau’s proposed rulemaking for the ...

A mortgage is a type of loan for buying a home. You'll choose from a conventional or government-backed mortgage, with either a fixed or adjustable rate. To get a mortgage, you'll typically need a ...

As more housing and mortgage authorities seek to expand the scope of homeownership to those who have never purchased a home before, the government-sponsored enterprises (GSEs) and the Federal Housing ...

When the federal Consumer Financial Protection Bureau (“CFPB”) last summer issued its Advance Notice of Proposed Rule Making (“ANPR”) to revise the definition of a “Qualified Mortgage” (“QM”) under ...

Now that the Consumer Financial Protection Bureau (CFPB) has finalized the "qualified mortgage" definition that forms the heart of the new ability-to-repay (ATR) mortgage rule mandated by the ...

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Owning a home is and has been the American dream for decades. Most people go to a lender and inquire about how to qualify for a mortgage. They want to know how much house they can easily and safely ...

On April 27, the CFPB published a final rule extending the date for mandatory compliance with the new “general” Qualified Mortgage (QM) rule (General QM Rule) until October 1, 2022. In December, 2020, ...

Financial regulators on Tuesday finally released the final rule defining Qualified Residential Mortgages (QRM). The definition is intended to determine which loans are exempt from the risk retention ...

New private-label bonds collateralized by loans made outside the qualified mortgage definition hit highs for the month, quarter and year, CreditFlow data shows.

A subprime mortgage is a type of mortgage for borrowers with low credit scores. Subprime mortgages come with higher interest rates and fees, reflecting greater risk to lenders. Alternatives to a ...