Proposals for New Regulations on Qualified Home Mortgages May Be Released Next Week

The Federal Deposit Insurance Corporation (FDIC), along with other federal agencies, have been working to propose a plan that would implement risk-retention initiatives for mortgage-backed securities issuers, provide incentives to lenders who employ “careful lending practices”, and increase the homebuyer down payment requirement to either 10% or 20%.  In fact, regulators are considering the submission of two different proposals for public comment as early as next week.

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