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Could QRM final rule come by year end?
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Banking, Derivatives, Financial Stability, Risk Retention, Securitization
Tuesday, September 16, 2014
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Six regulatory agencies are working on rules that would implement Dodd-Frank’s risk-retention provisions, including establishing criteria for qualified residential mortgages. The agencies released a QRM proposal more than a year ago. When will a final rule emerge? Read on to learn what top regulators had to say during a recent House Financial Services Committee hearing.
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