On the recordSeptember 7, 2011
If QRM stays the way it is, and it only applies to loans with 20 percent down or more... it greatly eliminates the amount of 90 and 95 percent conventional financing.
Source
congress.govIf QRM stays the way it is, and it only applies to loans with 20 percent down or more... it greatly eliminates the amount of 90 and 95 percent conventional financing.
Isakson explains how the QRM rule restricts access to conventional loans for many Americans.
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