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Wells Fargo: Nothing to Fear From New Qualified Mortgage rule

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BY BIZCATALYST 360°

Wells Fargo Home Mortgage President Mike Heid spoke out in favor of the federal government’s new qualified mortgage rule Thursday at a gathering of Des Moines area business leaders.

Heid said the changes address the challenge of protecting U.S. home buyers without reducing their access to home loans. They require a greater focus by lenders on the ability of mortgage applicants to repay a home loan.

via Wells Fargo: Nothing to fear from new qualified mortgage rule | Des Moines Register Staff Blogs.

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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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