Tagged: qualified mortgages (QMs)

Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs

Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.

In a blog post, Rohit Chopra says the goal is to “more clearly communicate the agency’s expectations.”