Estimated reading time: 0 minutes, 39 seconds

What Does the Expiration of the CFPB’s Qualified Mortgage 'GSE Patch' Mean for Lenders?

Thursday, Jan 16 2020
Lending
Written by 

Last Friday marked the one year countdown until GSE patch on non-qualified mortgages is set to expire. This is not a lot of time.

While policy makers continue to discuss the expiration, CoreLogic published a series of blogs--including two recent additions--that offer analysis and insights into how the loan industry has been performing with the patch intact over the past years.

The two recent blogs--Part IV and Part V--explore insights on balancing risks (loan delinquency) and benefits (mortgage credit access) in the QM Safe Harbor, following expiration of the GSE Patch. The blogs dissect the 2018 conventional loan performance, FHA/VA/RHS loans, delinquency rates, and credit score impact. Plus, concluding thoughts on the patch expiration.

The initial three blogs in the series--Part I, Part II and Part III--were posted in July.

Read 1404 times
Rate this item
(0 votes)
More in this category: « Stearns Lending Promotes Steve Smith to President Why California May Be the Best State for Your New Lending Business »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline