QM Archive

QM Could Touch Many Borrowers

The qualified mortgage (QM) rule was implemented in January of 2014. It is the first of two rules that came from the Dodd–Frank Wall Street Reform and Consumer Protection Act that will impact the housing market. This law is...

QM Rule Opens the Door for Many

With the January implementation of the qualified mortgage rule, there has been confusion about which borrowers will and will not be impacted by the new restrictions. While the rules will push some borrowers outside of its safer-status for lenders,...

Planning Done: Measuring the QM Rule’s Impact

The qualified mortgage (QM) rule was implemented in January of 2014. It is the first of two rules that came from the Dodd–Frank Wall Street Reform and Consumer Protection Act that will impact the housing market. This law is...

The Qualified Mortgage Rule: Impact on Lending and the Consumer

Executive Summary The qualified mortgage (QM) rule was implemented in January of 2014. The law is intended to protect consumers by strengthening underwriting standards, but some have argued that the rules will raise costs and reduce access for consumers....

Mortgage Purchase Applications

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest mortgage applications data. Seasonally adjusted applications to purchase homes rose 1.5%...