Freddie Mac: Here are the top 5 improving metro housing markets

It’s official: Steve Horne out as Wingspan CEO

Jason Spooner takes over; Horne becomes senior advisor

This is why Fannie and Freddie mortgage initiatives won't work

MBA declarations are feel-good, but temporary
W S
Investments / The Ticker

QM rule positive for jumbo securitization market

/ Print / Reprints /
| Share More
/ Text Size+

Fitch believes the qualified mortgage (QM) definition is positive for the jumbo prime residential mortgage market, as it removes the uncertainty that has paralyzed mortgage lending for the past few years and is an encouraging step in easing credit for traditional prime borrowers.

Further, finalizing the rule on QM will help advance the determination of a qualified residential mortgage (QRM).

Source: Fitch Ratings
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus