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Mortgage rules - Consumer Financial Protection Bureau

Beginning on January 10, 2014, lenders making virtually any residential mortgage loan will have to assess a borrower’s ability to repay the loan. A Qualified Mortgage is presumed to meet ... guaranteed by Fannie Mae and Freddie Mac (so-called “conforming loans”) are automatically QMs if they meet certain product requirements. Under

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  Protection, Financial, Consumer, Bureau, 2014, Fannie, Fannie mae, Mortgage, Consumer financial protection bureau

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