Appraiser News
FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Exceptions to qualified mortgage standards will be made, bank executives say
|
It appears that some banks will be willing to overlook some of the upcoming qualified mortgage (QM) regulations that aim to limit the risk associated with mortgage lending by tightening requirements for securing a loan, the Wall Street Journal reported.
While lending executives said earlier this year that they would abide by the new regulations, some are now stating that certain exceptions will likely be made for wealthy clientele.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories