Bankers Say Dodd-Frank Rules Restrict Mortgage Lending 

Although the Qualified Mortgage (QM) rule has been in effect under Dodd-Frank regulations since January 2014, a vast majority of mortgage bankers expect that new lending rules from the Consumer Financial Protection Bureau (CFPB) will further restrict their lending abilities, according to a recent survey from the American Bankers Association (ABA). Nearly 80% of banks […]