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CFPB Final Rule on Qualified Mortgage Definition Delay

Published on April 26, 2021
CFPB Final Rule on Qualified Mortgage Definition Delay

The Consumer Financial Protection Bureau (CFPB) issued this final rule to delay the mandatory compliance date for the final Qualified Mortgage (QM) Definition under the Truth in Lending Act: General QM Loan Definition from July 1, 2021 to October 1, 2022. 

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