Poll:
Do you support QRM-Plus?
October 30 marks the deadline set by regulatory agencies that enable public input on QRM-Plus. This proposal entails tighter borrowing requirements, including mandating 30% down to eliminate PMI, as well as a ban on combo loans and stricter credit standards. Proponents say it will promote stronger participation in jumbo loan activity by U.S. banks, and reduce uncertainty for originators, issuers and investors. Opponents argue that home buying will be at an all time low, stunting economic recovery. Which side are you on? Please share and comment below.
Results by voter:
All
Mortgage Professionals
Consumers
Poll started 12:00AM Oct 29
Poll ended 12:00AM Nov 5
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