• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Senators Push for QRM Matching Dodd-Frank Intent

Three of the senators who helped frame parts of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010 have again written to financial regulators asking them to respect the intent of the legislation.  Kay Hagan (D-NC), Johnny Isakson (R-GA) and Mary Landrieu (D-GA) sent a letter on Thursday to the heads of the six agencies which are formulating the qualified residential mortgage rule (QRM) of Dodd-Frank.  QRM will

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CFPB Issues Long-Awaited Industry QM and Ability-to-Repay Rules

The Consumer Financial Protection Bureau (CFPB) has adopted a new rule that will protect consumers from irresponsible mortgage lending by requiring lenders to ensure prospective buyers have the ability-to-repay their mortgage. The rule also protects borrowers from risky lending practices such as “no doc” and “interest only” features that contributed to many homeowners ending up in delinquency and foreclosure after the 2008 housing collapse. “When consumers sit down at the closing

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Waiting for QM, the MBA Weighs In; Who is the Largest Private Real Estate Holder?

Huh? AIG, the parent of United Guarantee, is thinking about suing the United States government over its bailout? Stranger than fiction – but true! Here is some chatter on the subject. (And see the “joke” below.) It could be a very big day for the mortgage industry – or at least any company that wants to originate loans that can be sold in the secondary market. The mortgage industry and Wall

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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