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ICBA Urges Changes to CFPB Qualified Mortgage Rule

Washington, D.C. - February 27, 2013 - (RealEstateRama) -- The Independent Community Bankers of America® (ICBA) today said that final mortgage rules issued by the Consumer Financial Protection Bureau (CFPB) should be adjusted to avoid leaving many consumers without access to mortgage credit. In a comment letter, ICBA wrote that while it appreciates accommodations for community banks in the CFPB’s new ability-to-repay and qualified mortgage (QM) regulations, the bureau should expand on these efforts to preserve access to credit for small-market customers.

NAR Statement on the Qualified Mortgage Rule

WASHINGTON, D.C. - January 11, 2012 - (RealEstateRama) -- “The National Association of Realtors® applauds the Consumer Financial Protection Bureau for creating a broadly defined Qualified Mortgage rule that establishes strong consumer protections while ensuring continued access to safe, affordable mortgage credit

NCRC Statement on the CFPB’s Qualified Mortgage Rule

Washington, DC - January 10, 2012 - (RealEstateRama) -- Today, in reaction to the Consumer Financial Protection Bureau’s (CFPB) release of the Qualified Mortgage (QM) rule and the inclusion of a legal “safe harbor” for certain qualified mortgages, NCRC President and CEO John Taylor made the following statement:

Statement from NAHB Chairman Barry Rutenberg on Qualified Mortgage Rule

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statement regarding the Consumer Financial Protection Bureau’s newly-released standard on the definition of a qualified mortgage (QM) which addresses the borrower’s ability to repay a home loan:

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

U.S. Senator Roger Marshall

Senator Marshalls Slams United Nations Climate Change Goals That Will Harm...

U.S. Senator Roger Marshall, M.D. released the following statement on the United Nations Net-Zero Banking Alliance’s (NZBA) decision to dramatically expand their Green New Deal