Tag Archives: QM

What is a 50-year mortgage? The pros and cons of Trump’s proposal

By | | Uncategorized
Comments Off on What is a 50-year mortgage? The pros and cons of Trump’s proposal

The proposal from Trump is a reminder that the industry must evolve, Darryl Davis writes, but evolution without diligence can lead to structural weakness. Continue reading →

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

By | | Uncategorized
Comments Off on Take your pick: Encompass handles both old and new qualified mortgage rules

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

Sprout Mortgage gives brokers more control of loan estimate

By | | Uncategorized
Comments Off on Sprout Mortgage gives brokers more control of loan estimate

Sprout Mortgage, which bills itself as a leading provider of nonconforming loans, says it’s giving mortgage brokers more control over how lender fees are presented to consumers in the loan estimate. Continue reading →