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Revisions and Old/New Requirements in EGRRCPA

Question: 
Is there a new Qualified Mortgage rule?
Answer: 

Effectively there is a new exception depending on the bank, terms of the loan and servicing plans. The revision should make it easier for a bank to qualify a borrower and originate a mortgage.
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Dodd-Frank Rollback, What this New Law Means to You

First published on 06/24/2018

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