Quick look at QM rule: Should affiliated providers be concerned?

The Ability to Repay Final Rule officially issued by the Consumer Financial Protection Bureau (CFPB) on Jan. 10 established a 43 percent debt-to-income ratio threshold for qualified mortgages (QM). The industry had been watching this determination in particular, concerned that a stringent standard would eliminate a percentage of potential borrowers and potentially alter the nature of affiliated business relationships.