{"id":1129,"date":"2013-12-18T02:26:51","date_gmt":"2013-12-18T02:26:51","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=1129"},"modified":"2013-12-18T02:27:05","modified_gmt":"2013-12-18T02:27:05","slug":"new-year-new-rules-on-loans-part-2","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2013\/12\/18\/new-year-new-rules-on-loans-part-2\/","title":{"rendered":"NEW YEAR, NEW RULES on loans &#8230;&#8230;.PART 2"},"content":{"rendered":"<p>Part 1 talks about QM or Qualified Mortgage loans and now we are into QRM or QUALIFIED RESIDENTIAL MORTGAGE standards.\u00a0 The rules are stringent enough to protect consumers from unscrupulous lending practices while still creating new opportunities for private capital to re-establish itself as part of a robust\u00a0 and competitive mortgage market.\u00a0 NO 20-30% down payments that were going to take place in 2011.\u00a0 NAR or National Association of Realtors have pushed for lenders to make QM and QRM loans to qualified buyers with a lesser down payment.\u00a0 VA loans are often made with little or no down payment and small number of foreclosures.\u00a0 THESE GUIDELINES SHOULD PRODUCE SOLID LOANS!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Part 1 talks about QM or Qualified Mortgage loans and now we are into QRM or QUALIFIED RESIDENTIAL MORTGAGE standards.\u00a0 The rules are stringent enough to protect consumers from unscrupulous lending practices while still creating new opportunities for private capital to re-establish itself as part of a robust\u00a0 and competitive mortgage market.\u00a0 NO 20-30% down [&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\/1129"}],"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=1129"}],"version-history":[{"count":1,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1129\/revisions"}],"predecessor-version":[{"id":1130,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1129\/revisions\/1130"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=1129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=1129"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=1129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}