Late last week, the CFPB issued another proposal to address questions regarding “qualified mortgages” and mortgage servicing that have come up since the agency first issued rulemakings on those topics in January. The new proposed rule addresses five topics, including debt-to-income ratio. Under the ability-to-repay rule, a lender may make a qualified mortgage, a loan for which certain features are prohibited and fees that can be charged are limited. The rule provides for different types of QMs, the main type requiring that...