EPISODE · Jul 25, 2025 · 2 MIN
New Qualified Mortgage Rule - The Credit Pros
from The Credit Pros Podcast · host The Credit Pros
The Qualified Mortgage Rule, effective January 10, 2014, aims to prevent risky lending by ensuring borrowers' ability to repay and protecting lenders from lawsuits if they issue qualified mortgages. It may disqualify 20% of current mortgages but streamlines dispute resolution for credit report errors, highlighting the need for credit repair services.
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New Qualified Mortgage Rule - The Credit Pros
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