Big Banks Want Stronger Legal Protections From Mortgage Lawsuits

Big Banks Want Stronger Legal Protections From Mortgage Lawsuits: The Dodd-Frank Wall Street Reform Act that grew out of the housing crisis and financial collapse includes new homeowner protections and a rule aimed at ensuring that borrowers can repay their mortgages. The qualified mortgage rule, also known as “ability-to-repay,” requires lenders to consider whether someone can afford to repay the mortgage before it is [...]/p