Wednesday , 13 January 2021

2015 Housing Policy Agenda: Inertia and Competition?

By Jann Swanson

Posted To: MND NewsWire

Stuart Quinn, a policy research and strategy analyst for CoreLogic summarizes 2014 as a period of consumption for housing market participants when it came to regulatory and policy guidance. They were “digesting, interpreting, re-interpreting and implementing lengthy regulations to remain compliant and operationally sound.” And, according to Quinn, they did have a lot to digest, interpret and implement during the year. The Ability to Repay/Qualified Mortgage (QM) Rule, new servicing rules, amendments modifying the National Flood Insurance Program, and the Qualified Residential Mortgage/Risk Retention rule were all on the plates of lenders and/or servicers. There were multi-million dollar legal settlements, tighter underwriting standards, gradually rising interest rates, and still soft employment…(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Via:: 2015 Housing Policy Agenda: Inertia and Competition?

      

Comments

About Mortgage News Daily

Mortgage News Daily

Check Also

The Relationship Between Appraisers and Real Estate Agents

Today’s topic is The Relationship Between Appraisers and Real Estate Agents with Kim Bell, Florida …