Tag Archives: qualified mortgage
Warren: Let’s avoid lousy lending
New mortgage rules that go into effect in January won’t be enough to prevent risky lending during another housing boom, Sen. Elizabeth Warren said today. Continue reading
Posted in Mortgages
Tagged Mortgages, news, qualified mortgage, Regulation
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Could QM hurt mortgage borrowers?
The rule that defines what a safe mortgage is could restrict credit. Continue reading
What Romney meant about mortgages
Mitt Romney brought up mortgages in the first presidential debate. Here is what he was talking about when he mentioned qualified mortgages. Continue reading
Posted in Mortgages
Tagged debate, Mortgages, QRM, qualified mortgage, qualified residential mortgage
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The down payment dilemma
Should homebuyers be required to make a down payment of at least 20 percent of a home’s purchase price to qualify for a mortgage?
That’s a hot topic in a current debate about the federal government’s soon-to-be-issued official definition of a “qualifie… Continue reading
Posted in Mortgages
Tagged house down payment, low down payment, Mortgages, qualified mortgage
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