{"id":1081,"date":"2013-10-18T21:30:26","date_gmt":"2013-10-18T21:30:26","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=1081"},"modified":"2013-10-18T21:30:26","modified_gmt":"2013-10-18T21:30:26","slug":"re-proposed-qrm-qualified-residential-mortgage-2","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2013\/10\/18\/re-proposed-qrm-qualified-residential-mortgage-2\/","title":{"rendered":"RE-PROPOSED QRM &#8211; Qualified Residential Mortgage"},"content":{"rendered":"<p>VICTORY for HOMEOWNERS &amp; FUTURE of HOMEOWNERSHIP in this COUNTRY.\u00a0 This version of the QRM rule will give creditworthy buyers access to safe &amp; affordable loan products without overly burdensome down payment requirements.\u00a0 The new standards are stringent enough to protect consumers from unscrupulous lending practices while also creating new opportunities for private capital to re-establish itself as part of a robust &amp; competitive mortgage market.\u00a0 REALTORS were among the most vocal opponents to the first QRM rule proposed in 2011 that would have required 20% down to get a loan.\u00a0 Some even wanted \u00a030%, but it would take the average American more than 25 years to save enough money for that type loan.\u00a0 From the National Association of Realtors.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VICTORY for HOMEOWNERS &amp; FUTURE of HOMEOWNERSHIP in this COUNTRY.\u00a0 This version of the QRM rule will give creditworthy buyers access to safe &amp; affordable loan products without overly burdensome down payment requirements.\u00a0 The new standards are stringent enough to protect consumers from unscrupulous lending practices while also creating new opportunities for private capital to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1081"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=1081"}],"version-history":[{"count":1,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1081\/revisions"}],"predecessor-version":[{"id":1082,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1081\/revisions\/1082"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=1081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=1081"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=1081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}