Bryan Filkey from PCMA stops by Clark Hill’s Credit Eco To Go to discuss the state of the mortgage lending industry. Dodd Frank established the qualified mortgage (QM), a safe harbor for mortgage lenders. Currently over 90% of the residential mortgage loans originated are not only QM but now are government-backed, leaving little room for the private lending market. Bryan also talks about the pending lapse of the QM-Patch, the implications that could have on the mortgage market as well as home prices and the CFPB’s proposal for a “seasoned” QM.
DISCLAIMER – No information contained in this Podcast or on this Website shall constitute financial, investment, legal and/or other professional advice and that no professional relationship of any kind is created between you and podcast host, the guests or Clark Hill PLC. You are urged to speak with your financial, investment, or legal advisors before making any investment or legal decisions.
Funk Game Loop by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/3787-funk-game-loop
License: http://creativecommons.org/licenses/by/4.0/
DISCLAIMER – No information contained in this Podcast or on this Website shall constitute financial, investment, legal and/or other professional advice and that no professional relationship of any kind is created between you and podcast host, the guests or Clark Hill PLC. You are urged to speak with your financial, investment, or legal advisors before making any investment or legal decisions.