New mortgage rules will create paperwork headaches, not derail recovery

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Jan. 9, 2014

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New rules taking effect Friday requiring lenders to verify that borrowers can repay mortgage destined to be securitized and sold to investors will create paperwork headaches and delays. But fears that they’ll derail the housing recovery are overblown, according to ...

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