Qualified Mortgages: Do the Math
January 7, 2014
You may have thought that surviving algebra meant you were done dealing with tough math problems. However, the upcoming Qualified Mortgage (QM) Rule from the Consumer Financial Protection Bureau, which kicks in Jan. 10, 2014, has some industry participants back at the chalkboard. Read on to learn how a provision of the QM Rule will impact companies affiliated with lenders.
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