Qualified Mortgage Rule Archive

Lenders Reserved on Some QM Lending

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...

Lenders Leery of non-QM Lending

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...

Rates May Rise for Some 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 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,...