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Congress Urges CFPB To Structure Qualified Mortgage Rule As Legal Safe Harbor (Consumer Financial Services Alert - July 24, 2012)
In a letter to the CFPB, several members of the House Financial Services Subcommittee on Financial Institutions and Consumer Credit urged the CFPB to structure the qualified mortgage rule as a "strong legal safe harbor" as opposed to a rebuttable presumption.
Goodwin Procter LLP