The qualified mortgage rule was issued by the Consumer Financial Protection Bureau in January 2013 as part of the Dodd-Frank Reform Act. It applies beginning January 2014 and affects the way lenders must analyze and verify information for customers.

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The qualified mortgage rule was issued by the Consumer Financial Protection Bureau in January 2013 as part of the Dodd-Frank Reform Act. It applies beginning January 2014 and affects the way lenders must analyze and verify information for customers.