“The game remains very much engaged.”
– Karen Shaw Petrou, managing partner at the policy research firm Federal Financial Analytics, cautioning that market participants may not see an exact harmonization of QM and QRM in regulators’ final rulemaking expected later this year. The mortgage finance expert said she expects a final rule to include some down payment and an industry-acceptable LTV.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: