QRM. Three letters that will wreck the housing and economic recovery of this nation. Find out what QRM (Qualified Residential Mortgage) means, and how it is going to effect you. The final rule decision has not yet been finalized, and hopefully will end up not effecting all loans. For example, Fannie, Freddie, FHA, and VA are being talked about as being exempt. We'll all have to wait and see... but as a general rule QRM is bad policy
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