NAR letter supporting a QRM rule that mirrors the QM rule
Issue Date: February 25, 2014
NAR sent a letter to the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises in advance of their hearing titled "The Dodd-Frank Act's Impact on Asset-Backed Securities" supporting the construction of a Qualified Residential Mortgage (QRM) rule that mirrors the newly implemented Qualified Mortgage (QM) rule.