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Sunday, September 27, 2020
just-in-time!-lenders-seek-congressional-approval-for-no-income-mortgages

Just In Time! Lenders Seek Congressional Approval For No Income Mortgages

Authored by Mike Shedlock via MishTalk, Here we go again. The mortgage lending industry seeks to eliminate debt-to-income rules for home buyers. At the peak of every boom comes one final act of repetitive stupidity. This may be it. Please consider CFPB Moves to Eliminate Mortgage Debt-to-Income Rule for Borrowers. In a letter CFPB Director Kathy…
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