Home Mortgage Rules
2014-01-14T10:05:53-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYmQ0XC8yMDE0MDExNDEwMzkyOTEwMDNfaGQuanBnIiwiZWRpdHMiOnsicmVzaXplIjp7ImZpdCI6ImNvdmVyIiwiaGVpZ2h0Ijo1MDZ9fX0=Representatives from home buyer associations and lender groups testified on the “ability to pay” rule mandated by the 2010 Dodd-Frank financial regulations law. The intent of the rule was to deter loans that allow negative amortization, meaning interest-only payments.
Representatives from home buyer associations and lender groups testified on the “ability to pay” rule mandated by the 2010 Dodd-Frank financ… read more
Representatives from home buyer associations and lender groups testified on the “ability to pay” rule mandated by the 2010 Dodd-Frank financial regulations law. The intent of the rule was to deter loans that allow negative amortization, meaning interest-only payments. close
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