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Regulatory Updates
Tuesday, January 7, 2014
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On your marks, get set, go! We are days away from the implementation of the Ability-to Repay-Rule and its qualified mortgage standards, which, by any indication, will prove to have a significant impact on the availability of mortgages this year. Lenders will be careful about what types of mortgages they approve, and there are bound to be some unexpected bumps in the road.
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