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Data Show Surprisingly Little Impact of New Mortgage Rules

BIZCATALYST 360°
BY BIZCATALYST 360°

The Qualified Mortgage, or QM rule, which was designed to protect borrowers from acquiring loans they cannot repay, was predicted by many to reduce the availability of mortgages. The law has been in effect since January of this year, so any change it’s made to lending patterns should be evident by now. After combing the data for the past several months, and despite recent headlines, the Housing Finance Policy Center team has seen surprisingly little impact on the origination numbers.

via Data show surprisingly little impact of new mortgage rules.

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WE ARE THE AWARD-WINNING PUBLISHING DIVISION OF 360° NATION —PRESENTING OUR LIFE, CULTURE, AND BIZ MULTIMEDIA DIGEST AS A HUB OF CREATIVE EXPRESSION AND PERSONAL GROWTH. WITH AN EMPHASIS ON ACTION, OUR VAST GLOBAL CONTRIBUTOR COMMUNITY EMPOWERS PEOPLE TO TRANSITION FROM KNOWING WHAT TO DO TO ACTUALLY DOING IT —ALL COMPLEMENTED BY SYNDICATION RELATIONSHIPS WITH A CHOICE GROUP OF EQUALLY INNOVATIVE MEDIA OUTLETS. TODAY AND EVERY DAY, WE SIMPLY DELIVER THE VERY BEST INSIGHTS, INTELLIGENCE, AND INSPIRATION AVAILABLE ANYWHERE —DOING IT OUR WAY BY PLACING OUR WRITERS AND OUR AUDIENCE AT THE FOREFRONT. IT'S MAGICAL. IT'S EVERGREEN. AND QUITE FRANKLY, IT'S JUST GOOD STUFF. PERIOD.

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