Items Tagged with 'qualified residential mortgage'


MBA calls on regulators to align QRM with QM

Borrowers, investors deserve competitive mortgage market: MBA CEO
MBA believes aligning QRM and QM definitions will allow a greater number of borrowers to benefit from lower mortgage costs, resulting from greater access to the private investor market, leading to safer and more sustainable loans.
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QRM proposal caters to private sector

No downpayment requirement spells private capital comeback
The expected alignment of the QRM rules with QM standards will likely reduce uncertainty for players in the residential mortgage-backed securities sector and should also support stronger participation in jumbo loan activity by banking institutions.
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QRM revisions strike the right balance

Mortgage industry remains cautious on 30% downpayment option
"The hope has always been that these new mortgage regulations would give banks more clarity and certainty about which mortgages are riskier, giving them the incentive to write more lower risk mortgages," Trulia chief economist Jed Kolko said.
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