Category: Change The Law

CFPB issues mortgage underwriting standards: down payment requirement to come

The qualified mortgage was envisioned to protect the market from bubbling out of control again due to Wall Street financing. But it is the qualified residential mortgage (QRM) that will ultimately ensure consistent market stability for years to come, by determining the new down payment requirement.

Read More
Loading

Polls

Do you believe undisclosed fees paid to real estate brokers or their agents for referring clients to home warranty companies are illegal kickbacks?

View Results

from POLL: Are undisclosed fees paid for referring clients to home warranty companies illegal kickbacks?

Check out our previous poll here.

Recent Comments

Featured Comment

Zestimates are great conversation starters with sellers and buyers. Zillow has done more for our bottom line than NAR ever has or will. Don’t fight the current of the river, learn to run with it. Disruption is inevitable in any industry that is fragmented or inefficient. Granted, it does feel like armchair experts and platforms are plentiful in real estate these days, but when the tide rolls out we will see the value proposition of the truest professionals in this industry shine once again.

Justin Bonney, on Zillow’s impact on the real estate industry

Respond to the comment or read the full article

Newsletter Sign-up

Get real estate news straight to your email.




Suggest an article

Suggest an article

 

Verification