Blaine Luetkemeyer: “One of the problems with the QM rule is that by saying it is a qualified mortgage means it is a qualified mortgage…”

There is discomfort and disquiet out there in the small business community that they are going to get in trouble for trying to comply with something they can't understand

As much as I hate that bill and hate that rule, my intention on that was to make sure we minimize the effect of this bill or this rule because it originally was a horrendous thing.

I hate this rule. I fought it from the very beginning and once it got implemented we were trying to figure out how to make it minimally impactful on our folks.

The continuation of that is going to be very, very important.