Let us see, we have:
- Realtors® urging regulators on the Dodd-Frank act to narrow the Qualified Residential Mortgage (QRM) down payments to products that are not traditionally safe, well documented, and properly underwritten.
- The Rental Pool skyrocketing to new soaring heights. Many, many more people are renting than in the 1990's; but, we did have that housing bubble with lots of people with now poor credit renting due to short sales and foreclosures.
- Finally, the Consumer Financial Protection Bureau wants your input on simplifying the mortgage disclosure. Get your vote in before July 5th so you can be a part of the simplification.