United States: CFPB Likely To Delay Mandatory Compliance Date Of New General QM Rule And May Reconsider Seasoned QM Rule - Ballard Spahr LLP

United States: CFPB Likely To Delay Mandatory Compliance Date Of New General QM Rule And May Reconsider Seasoned QM Rule - Ballard Spahr LLP

Mondaq

Published

This statement likely will have a chilling effect on companies that intended to rely on the seasoned loan QM rule for applications received on or after March 1, 2021.

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