Federal Agencies Make No Changes to QRM Definition

December 16, 2021

Subscribe Today

The OCC, FRB, FDIC, SEC, FHFA, and HUD have made no changes to the definition of qualified residential mortgage (QRM), the community-focused residential mortgage exemption, and the exemption for qualifying three-to-four unit residential mortgage loans in the Credit Risk Retention Regulations, thus maintaining alignment with the CFPB definition of qualified mortgage (QM).

View Article Source →

Stay Informed, Subscribe to the Compliance Newshub

Subscribe Now