The true impact of the Consumer Financial Protection Bureau's qualified mortgage rule is still unknown, but the industry, lawmakers and consumers are ready to weigh in on the new lending guidelines. The Wall Street Journal collected some of the responses to the rule Thursday.

Some "jumbo" loans that can't be sold to Fannie or Freddie might not be able to meet these requirements. That could dampen the availability of loans to jumbo borrowers with high debt levels, potentially putting a squeeze on sales in parts of the country where the housing market is still weak.