Qualified Residential Mortgage (QRM) and Risk Retention
Proposed QRM rules may lead to high down payment requirements. Learn more >
QRM Means Higher Rates
|
|
NAR Calls Consumers to Action
In July, NAR reached out to 6 million targeted consumers to ask them to join the fight against the 20 percent down payment requirement in the qualified residential mortgage (QRM) proposal.
REALTORS® Urge Regulators to Reconsider QRM Definition
The original sponsors of the QRM provision in the Dodd-Frank Act joined other Congressmen June 22 to urge regulators to reconsider unnecessarily high down payment requirements under the proposed QRM rule.
Read more >
Effort to Correct QRM Gains Momentum
Momentum is building as lawmakers on a bipartisan basis lead effort to modify banking regulators' proposal to require 20 percent down for affordable qualified residential mortgage (QRM) loans.
Watch video >
Column: Proposed 20% Down Payment Rule Could Put Owning A Home Out of Reach for Many
Washington Post
Understanding the Dodd-Frank Act & QRM
Alaska Real Estate Podcast
Study: Proposed Rule's Impact
On Defaults Would Be Small
Recent research from the Center for Responsible Lending shows that proposed standards could push more than half of creditworthy borrowers into high-cost loans and that the consequences for minorities are particularly striking.
Read more >
Why QRM Concerns NAR
An updated video explaining the proposed rule: who it protects, why it is proposed, and NAR's concerns.
Watch video >
View slides >
