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New lending rules set to raise the cost of borrowing: S&P
November 27th, 2013 4:43 PM

The January launch of the ability-to-repay rule and the associated qualified-mortgage definition will raise the overall cost of originating home loans, with borrowers taking the brunt of the financial hit, Standard & Poor’s Rating Services said Tuesday.


http://www.housingwire.com/articles/28140-new-lending-rules-set-to-raise-the-cost-of-borrowing-sp

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Posted by Teresa Molina on November 27th, 2013 4:43 PMPost a Comment

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