Being decided in D.C. over the coming weeks is the Qualified Mortgage rule, promising to...
Monday, May 7, 2012, 11:57 AM ETBeing decided in D.C. over the coming weeks is the Qualified Mortgage rule, promising to profoundly affect mortgage finance. Without a so-called "safe harbor," any future foreclosure could mean a litigation nightmare for lenders, meaning they're going to stop lending. Lew Ranieri says two "well-respected" mortgage companies are looking to sell, citing "regulatory uncertainty."
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