Tag Archives: Regulations

Lenders will get grace period

Posted on June 4, 2015 by

Bankers will get a grace period from enforcement of a mortgage regulation that goes into effect Aug. 1. Continue reading →

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Tardy lenders plead for leniency

Posted on May 19, 2015 by

The mortgage industry is having trouble meeting a deadline that it knew about for 20 months. So its lobbyists are asking for a penalty-free extension lasting for five months. Continue reading →

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Stricter mortgage rules will allow ARMs

Posted on April 1, 2011 by

You’ll be able to get an adjustable-rate mortgage at a relatively attractive rate, even after regulators impose stricter underwriting rules.
This week, the feds proposed tight underwriting standards for “qualified residential mortgages,” or QRMs. I’ll … Continue reading →

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