'Realtors® will continue to oppose any regulation that requires unreasonably high downpayments from consumers. We are committed to working on behalf of America’s hardworking families to ensure that anyone who is able and willing to assume the responsibilities of owning a home has the opportunity to pursue that dream, now and into the future.'
NAR President Gary Thomas: 'I am pleased to announce a significant victory for REALTORS® and homebuyers. 'The re-proposed Qualified Residential Mortgage rule announced this morning is a victory for homebuyers and the future of homeownership in this country.
This version of the QRM rule will give creditworthy buyers access to safe and affordable loan products without overly burdensome downpayment requirements. Lean more watch our video...
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