How Qualified Mortgages Work . To be eligible for a qualified mortgage, borrowers must meet certain requirements. These are based on an analysis of the borrower's ability to repay their mortgage ...

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight.

How Qualified Mortgages Work . The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 amended the 1968 Truth in Lending Act (TILA) to establish ability-to-repay requirements for ...

Santander Bank is sponsoring the issue of its third non-qualified mortgage (non-QM)/investor loan securitization this year.

At the beginning of 2009, the U.S. economy was in the grip of one of the worst financial crises in our history. Home lending practices, which played a big part in that crisis, naturally assumed a ...

Non-qualified mortgages aren't without risks, especially since they aren't backed by the Consumer Financial Protection Bureau or government agencies like FHA, VA, Fannie Mae and Freddie Mac.

New mortgage-lending rules take hold Friday that federal regulators say will guard against the risky lending practices that fed the housing bubble, which led to the greatest collapse in U.S. home ...

The RMBS transaction is backed by first-lien, fixed- and adjustable-rate, fully amortizing residential mortgage loans, some ...