Mortgage Players Wrestle With QM Uncertainty

29 Jan 2013

Panelists looking to pin down the impact of the new Qualified Mortgage Rule found themselves faced with two basic questions.

Panelists looking to pin down the impact of the new Qualified Mortgage Rule found themselves faced with two basic questions. “How safe is safe harbor, and how do we prove compliance with QM?” Michael Malloy, mortgage policy and counterparty relations executive at Bank of America-Merrill Lynch, asked.And ...

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