NAC Blog: TRIVIA Time: Qualified Mortgage

It’s time for some policy trivia! Question: What has been one of our top policy priorities on access to credit over the past 2 years? Answer: The expiration of the QM patch and the new definition of Qualified Mortgage! Question: What government agency has jurisdiction over defining what loans are considered “Qualifed Mortgage”?Answer: Consumer Financial Protection Bureau or CFPB

NAC Blog: QM Patch is getting extended and replaced

So I’ve been doing this thing lately with my cookbooks during quarantine. I make the recipe and in the margins of the cookbook I’ll jot down whether or not I liked it along with a note about what happened that day. It can be anything from something historical happening like, “the Supreme Court ruled on DACA today”, or something silly like, “today I got a facemask tan after I spent the day outside.”

NAC Blog: Winning on the QM Patch

Que onda mi gente? Has someone at an event made you text NAHREP to 50457 recently? Have you filled out your profile to join our National Advocacy Committee by clicking on this link? Are you asking yourself, ok pues I did it, ahora que? Well… congratulations and welcome to the National Advocacy Committee!

NAC Blog: The MBA, Keith Urban & The Patch

I had the pleasure of spending last week at the Mortgage Bankers Association Conference in the beautiful city of Austin, Texas. Aside from the insightful information I learned at the conference, my personal highlight was eating at a new restaurant called Suerte. I must say, I was impressed by Executive Chef Fermín Nuñez. I saw that the restaurant was featured as one of the 18 best new restaurants in the country by Eater last year, and I can see why.