The CFPB Proposes to Create a New Category of Seasoned Qualified Mortgages
By EsqSocial Corporation 02/11/20
The Consumer Financial Protection Bureau (CFPB) recently issued a proposed rule to create a new category of Seasoned Qualified Mortgages (QMs). The proposal seeks to “encourage safe and responsible innovation in the mortgage origination market” by allowing an alternative pathway to the qualified mortgage safe harbor....
By: Perkins Coie