Federal Housing Policy Threatening To Permanently Undermine Housing Market Stability

Now that Dodd-Frank has been implemented, a lot of the talk has been about The “Qualified Mortgage Rule”. Supposedly this new rule known as “QRM” is going to protect consumers from lenders who are willing to make reckless, high cost loans to unsuspecting borrowers. Here is a brief summary of the rule, as stated on the ConsumerFinance.gov website:

via Federal Housing Policy Threatening To Permanently Undermine Housing Market Stability.

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