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Realtors® to Regulators: Aligning QRM with QM Assures Safe, Sound Mortgage Lending

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WASHINGTON (October 31, 2013) – Revised rules proposed by federal regulators will help ensure rigorous and effective underwriting while also providing creditworthy homebuyers with access to safe mortgage financing, according to the National Association of Realtors®.

In a comment letter submitted today, NAR applauded regulators for synchronizing Qualified Residential Mortgage standards with those applied to the related Qualified Mortgage rule. The re-proposed rules are stringent enough to protect… Read More

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