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Fitch: Borrower claims nonexistent 2 years after ATR rule
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Consumer Protection
Friday, April 29, 2016
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Fitch Ratings has found that since the Consumer Financial Protection Bureau’s ability-to-repay and qualified mortgage rules became effective Jan. 10, 2014, there has not been a single borrower legal claim. However, as more non-qualified mortgages become more common, this trend can change. Read on to learn more.
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