Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit.
Source: Inman News
Fannie, Freddie to adopt new underwriting standards for qualified mortgages on July 1
Published in Consumer Financial Protection Bureau, fannie mae, freddie mac, Mortgage, mortgage bankers association, QM patch, qualified mortgage, Regulations, Richard Andreano Jr. and Select
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