Complying with the CFPB’s Ability-to-Repay Rule and QM Standards

Complying with the CFPB’s Ability-to-Repay Rule and QM Standards is as easy as …1, 2, 3. On January 10, 2014, the Ability-to-Repay Rule and Qualified Mortgage Standards went into effect. These rules require lenders to verify that borrowers have the ability to repay their mortgage.

Complying with the CFPB’s Ability-to-Repay Rule and QM Standards
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