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» Moody’s Says Expanded QM Standard is Credit Negative For Nonprime RMBS, but Industry Expert Disagrees
Moody’s Says Expanded QM Standard is Credit Negative For Nonprime RMBS, but Industry Expert Disagrees
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The easing of qualified-mortgage standards under the Dodd-Frank reform bill could be credit negative for nonprime residential MBS backed by loans originated by nonbanks, Moody’s Investors Service said. But an industry expert disagrees.