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Well have more on that in a moment. First, were tracking rain. Jason brewer is here, to pinpoint the temperatures rising, the changes coming. Jason a little bit of everything, a dreary start to the day. Dont be fooled as milder air is going to come up out of the south and southwest, you see the left over rain showers, east of the outer cape, a few more snow showers still to come from the west, anywhere from provincetown down to nantucket, waking up with the lightly rain. Most of the boston area mostly quiet. A new batch of rain and snow coming in. But i dont expect it to last all morning. In fact, between 8 and 10 in the morning, most of this is going to start winding down. Theres our warm front. Where were getting milder, temperatures above freezing area wide. I dont expect much more than wet roads. The day planner does show temperatures warming to near 50 by 2 00 today. Theres that smoke flume, though, showing up on the radar, from the big fire in fall river. Heather. Heather we do w ....
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 ....
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