Dodging Dodd-Frank – The ‘M’ Report (Nov 2011)
At more than 2,300 pages long, including 250 amendments, the Dodd-Frank legislation will likely see more changes before all is said and done.
DocuTech COO Scott Stucky spoke with reporter Phill Britt on the impact of Qualified Residential Mortgage (QRM) in a November article on the progression of Dodd-Frank:
“Attached to the hip” with QRM is the Qualified Mortgage (QM) – loans that meet minimum underwriting standards to help ensure the consumer has a reasonable ability to repay the obligation,…