Rejected. So my colleagues and i have been working with a wide variety of stakeholders, including many of you, to simplify things moving forward. Case in point is the qualified Residential Mortgage rule. As all of you know in august, six federal agencies including hud proposed a revised version of qrm to make it equal, qm. This is a direct result of the feedback weve received since the first proposal in 2011. You told us it needed to be refinded, and we listened. Refined, and we listened. Now our rule now some of our critics have called this a dilution of our rule. But as you know, qm itself is a very strong measure, as im sure director cordray will confirm later in the conference. And were confident that this will find the right balance between responsibility and opportunity moving forward. Another example of proper coordination is huds qualified mortgage rule which builds off the qualified mortgage definition set forth in cfpbs final rule. It extends the cfpb patch defining loans tha
With my boss. A 22yearold sort of way, it happened. Was the president of the United States. That probably happens less often it. [laughter] i deeply regretted for many reasons not the least of which is because people were hurt and that is never ok. Then, we started an affair that lasted on an off for two years. At that time, it was my everything. I guess you could say that was the golden bubble part for me, the nice part. The nasty part was that it , public with a vengeance. Internet and a website that at the time was scarcely known outside of reportton dc, the drudge , within 24 hours, i became a public figure. States, in the united but around the entire globe. As far is major news stories are concerned, this was the first time that the traditional media was usurped by the internet. There was a media frenzy. It was pregoogle. The World Wide Web as we called , it was already a big part of life. I went from being a completely private figure two a publicly humiliated one. Patient zero. A
To policies related to something that we call remnants and warrants. Host in english . Guest when a lender originates today a home file can be to 1500 pages500 long. The likelihood of clerical error is very high. Givehis goal was to greater certainty to the Lending Community across the country, community banks, Credit Unions, to have the confidence to lend without fear of having to buy back a loan if they get a minor mistake in a file. It was this idea of defining what constitutes an error. Expandedolled out an program to allow borrowers with a lower down payment of 3 to valueloan at 97 loan to on a 30year fixed rate loan to fannie mae or freddie mac. That should help expand opportunities for firsttime homebuyers and minorities in this country which tend to have lower down payment available for purchasing a home. Host most of the articles of what he had to say had similar headlines to this. U. S. Loosens the reins, makes it easier to get a mortgage. Is that a fair interpretation . Gues
More washington journal. [captions Copyright National cable satellite corp. 2013] [captioning performed by national captioning institute] the Bipartisan Policy Center is releasing recommendations today for a new direction on housing policy, including housing, finance, and affordable rental housing guwe will have live coverage starting at 11 00 eastern. Congress returns from its long president s day recess. They consider renaming the california floods center for the first man on the moon. We will have live coverage could the senate gavels in at 2 00 eastern. Livel be able to seek Senate Coverage on cspan2. At age 25, she was one of the wealthiest with those in the colonies, and during the revolution, in her midforties, she was considered an enemy by the british, who attempted to take her hostage. Meet Martha Washington tonight in the First Program of the c spans new weekly series, first ladies influence an image. We will visit some of the places that influence your life, including wins
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