Early stage implementation of the CFPB’s ability to repay rulemaking shows no major changes to origination strategies on the part of mortgage lenders, according to a recent report from Standard & Poor’s Ratings Services. “Overall, the majority of our ranked originators are not making any major changes to their origination strategies as a result of the ATR/QM regulations,” S&P said. “Most originators will continue to focus their production efforts on their core origination products and expect their 2014 production mixes to be similar to those in 2013.” Additionally, lenders do not anticipate a significant change to the composition of their primary investors. In connection with Standard & Poor’s ongoing surveillance of its Mortgage Originator Review rankings, the ratings service requested...