How VA Underwriting Tool Could Free Lenders from QM’s Constraints
The Department of Veterans Affairs' residual income test would give lenders more confidence to make riskier loans, according to an Urban Institute study. News
Heirs to Mortgages Excused from Underwriting, CFPB Says
The Consumer Financial Protection Bureau is allowing lenders to skip the ability-to-repay rule when transferring a loan to the kin of a deceased borrower or for other life events. News
