CFPB puts final stamp on mortgage-rule changes

07/11/2013 | AmericanBanker.com (free registration) · Hill, The

The Consumer Financial Protection Bureau issued a final clarification of mortgage rules Wednesday after revamping them because of public criticism. Changes involved the ability-to-pay rule and the "qualified-mortgage" definition, and they provide small servicers with exemptions from some rules.

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AmericanBanker.com (free registration) · Hill, The

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