FORUM PROFILE

Small Creditor QM Exception

Tagged: 

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • March 23, 2022 at 5:15 pm EDT #36538
    crusso
    Participant

    Will the Small Creditor QM Exception no longer be applicable after the mandatory compliance date for the revised price-based General QM definition is in place on 10/1/22?

    March 24, 2022 at 9:23 am EDT #36540
    jholzknecht
    Keymaster

    The small creditor QM (1026.43(e)(5)) is NOT scheduled to expire. The temporary GSE QM (1026.43(e)(4)) is due to expire on October 1, 2022.

    March 24, 2022 at 10:21 am EDT #36543
    crusso
    Participant

    Will the SCQM be subject to the same pricing test as the revised General QM?

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.