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Mortgage lenders are increasingly looking to implement more mortgage. Ramírez is a journalism graduate of University of Texas at Arlington. She previously covered hard issues such as homelessness.
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Known as the QM patch, the rule exempts gse-backed loans from abiding by the full scope of the Ability to Repay/Qualified.
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Shareholders of the Clifton Market Cooperative voted to approve the sale in November, but mortgage debt of more than $3.1 million allowed lenders to file foreclosure actions in December. Goering said.
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