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CRL Supports Proposed CFPB Amendments to Qualified Mortgage Rule (QM)

June 16, 2014
Mortgage Lending
Research

In these comments, CRL expresses general support for the Consumer Financial Protection Bureau's proposals to amend the 2013 Mortgage Rules under the Truth in Lending Act (Regulation Z). Additionally, CRL calls for more clarity to help prevent potential abuses to legitimate nonprofit organizations and to the right to cure provisions addressing errors.