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Associations make their voices heard on qualified mortgage definition
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Regulatory Updates
Monday, May 7, 2012
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Associations from every area of the real estate industry, consumer groups and others are making sure their voices are heard before the Consumer Financial Protection Bureau releases its ability-to-repay rule, which is expected out sometime this spring. Specific concerns revolve around the definition of qualified mortgage the bureau is to come up with as part of the rule.
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