“The research will inform the CFPB and assist it in developing recommendations to streamline and improve the rules governing the mortgage industry and, more specifically, the ATR/QM rule,” said the CMC.
The U.S. House of Representatives is scheduled to vote Tuesday afternoon on whether to overturn the Consumer Financial Protection Bureau’s controversial arbitration rule.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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