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The Advocate Blog

Federal Regulators Approve Final QRM Rule

Federal regulators have approved a final qualified residential mortgage (QRM) rule, which requires investment banks to hold at least 5% of a loan's risk on their books when securitizing loans unless the loans meet the definition of a QRM. The rule also more closely aligns the definition of QRM with the... More

CUNA Still Concerned about QRM

CUNA has an overarching concern that the QM/QRM should never become the only type of mortgage that regulators will permit or that the secondary market will accommodate.

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