Underwriting Standards Will Stay Weak Under QM Rule

Underwriting standards will remain weak under the U.S. Consumer Financial Protection Bureau’s qualified mortgage rule, despite the CFPB’s claim to the contrary, according to Edward Pinto and Peter Wallison, two fellows at think tank American Enterprise Institute.

  • 05 Mar 2013

Underwriting standards will remain weak under the U.S. Consumer Financial Protection Bureau’s qualified mortgage rule, despite the CFPB’s claim to the contrary, according to Edward Pinto and Peter Wallison, two fellows at think tank American Enterprise Institute.

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