So, just got an email from consumer lending posing a question I'd not considered.
Would any of the new rules apply to a mortgage-backed vehicle loan? ATR/QM specifies consumer purpose, secured by a dwelling, and doesn't exclude anything specifically that would lead me to think it didn't apply...
In a quick search, I didn't see anything posted about this. Hopefully I didn't miss it.
Thoughts??
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Someone's about to get horned!