New Mortgage Rules Readied by CFPB as Banks Seek Time to Comply

New Mortgage Rules Readied by CFPB as Banks Seek Time to Comply

Daniel Acker/Bloomberg

The consumer bureau’s so-called qualified mortgage regulation, which requires lenders to ensure a borrower’s ability to repay, will be released in connection with a hearing in Baltimore scheduled for Jan. 10, according to two people briefed on the plans.