The Consumer Financial Protection Bureau wants to make sure borrowers understand and can handle the mortgages they sign, but it also doesn't want to introduce any "disincentives" for lenders as part of the qualified-mortgage rule, said Raj Date, CFPB deputy director. By the end of June, the CFPB expects to complete a rule requiring that a borrower's ability to repay a mortgage must be verified by the lender unless it falls under the definition of a qualified mortgage. He said the CFPB is making a "significant analytical effort" on the qualified-mortgage issue with a team of economists, lawyers and market experts.

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