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Summary of New Qualified Mortgage (QM) Rule

NAR has been actively involved in shaping the debate and structure of the Qualified Mortgage (QM) Rule issued by the Consumer Financial Protection Bureau (CFPB) created by the Dodd-Frank Reform Act.  NAR achieved a significant victory in obtaining a safe harbor in the QM rule for loans underwritten to the automated standards of Fannie Mae/Freddie Mac, the Federal Housing Authority, Veterans Administration and Rural Housing Service (within their respective loan limits) for up to seven years.

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NAR President Steve Brown hosted a webcast with HUD Secretary Castro to discuss policy issues that affect your business, clients, and the real estate market.

The rebound in economic growth during the second quarter and job creation are improving the outlook for all major commercial real estate sectors.

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REALTOR® TV

The Voice for Real Estate 6: HUD - NAR webcast

In the sixth video in the Voice for Real Estate news series, HUD and NAR host a live webcast on FHA