ALTA Urges Broad QM Definition to Help Consumers and Housing Market

April 17, 2012

ALTA joined a diverse group of lenders, housing professionals, consumer advocates and civil rights organizations in sending a letter April 16 to Consumer Financial Protection Bureau Director Richard Cordray urging for a broadly defined Qualified Mortgage that covers a wide range of traditionally safe products and underwriting criteria.

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Contact ALTA at 202-296-3671 or [email protected].