Viner Proposes Qualified Rule for Other Loans
Are mortgages the only the kind of government-backed consumer loan that regulators need to create an ability to pay or other standards for? At least one Mortgage Grapevine poster thinks not.
MarylandDave says the Consumer Financial Protection Bureau needs to develop the equivalent of the qualified mortgage standard for student loans. Read why he believes this is necessary at http://bit.ly/Y5Rnpf.