Debt-to-income ratio: Latest News, Top Stories & Analysis

Consumer Financial Protection Bureau Issues Analysis of HMDA Data Points

Consumer Financial Protection Bureau Issues Two Final Rules to Promote Access to Responsible, Affordable Mortgage Credit

December 13, 2020December 11, 2020 - by MyChesCo

WASHINGTON, D.C. — The Consumer Financial Protection Bureau has issued final rules related to qualified mortgage (QM) loans. Lenders are required under the law to determine that consumers have the …

Consumer Financial Protection Bureau Proposes New Category of Qualified Mortgages to Encourage Innovation and Access to Affordable Mortgage Credit

August 20, 2020August 19, 2020 - by MyChesCo

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) this week issued a notice of proposed rulemaking (NPRM) to create a new category of seasoned qualified mortgages (Seasoned QMs) in …