CFPB To Revisit Trump-Era QM Final Rules

In this Issue. The Consumer Financial Protection Bureau (CFPB) issued a statement announcing its intention to revisit Trump-era qualified mortgage (QM) final rules; the Biden Administration announced changes to the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) to “promote equitable access to SBA relief”; the Board of Governors of the Federal Reserve System (Federal Reserve) finalized a rule that is intended to reduce risk and increase efficiency in the financial system...
By: Goodwin

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