Tag Archives: QM patch

Take your pick: Encompass handles both old and new qualified mortgage rules

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Fannie and Freddie will use new price-based qualified mortgage rule for loans with settlement dates after Aug. 31. Continue reading →

Fannie, Freddie to adopt new underwriting standards for qualified mortgages on July 1

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Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit. Continue reading →