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Mortgage Availability Tightening? QM Takes Effect Today

Jan 10, 2014   //   by   //   Mortgage News Daily  //  Comments Off on Mortgage Availability Tightening? QM Takes Effect Today

By Around the Web NAR has been working with federal regulators since Congress in 2010 passed massive banking reform legislation, part of which created the qualified mortgage and qualified residential mortgage rules. Today is an important day in the timeline of those rules, because today is the day the qualified mortgage (QM) rule takes effect, and NAR has told […]…(read more)

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