With QM Around the Bend, FDIC To Meet on QRM, Risk Retention
August 23, 2013
With implementation of the CFPBs ability-to-repay/qualified mortgage rule just a few months away, federal regulators are scheduled to meet in Washington, DC, later this week to discuss and possibly vote on a new version of a qualified residential mortgage/ risk retention proposal. The Federal Deposit Insurance Corp.s board of directors is scheduled to meet in open session at 10 a.m. on Wednesday, Aug. 28, for renewed formal consideration of a QRM/credit risk retention proposal as mandated by the Dodd-Frank Wall Street Reform and...