Relevant:
- Washington may finally take up mortgage reform
- Consumer bureau lays out new mortgage-lending standards - The Hill's On The Money
- Senator asks Regulators for Consistency between Qualified Mortgages and Qualified Residential Mortgages
- New Arizona law helps shield homebuyers from mortgage abuses
- Mortgage lending could stop amid $20 billion penalty
2012-10-16 — wsj.com
``Federal regulators are considering giving mortgage lenders protection from certain lawsuits, according to people familiar with the matter, a move designed to encourage lending to well-qualified borrowers.
The potential move, which would be a partial victory for mortgage lenders, is part of a broader effort to write new rules for the U.S. housing market in the wake of the mortgage meltdown. The proposal for the first time would establish a basic national standard for loans, known as a "qualified mortgage."''
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