In the July 10, 2020 issue of the Federal Register (85 FR 41448, click here) the Bureau of Consumer Financial Protection (Bureau) published a proposed rule, with a request for public comment, that proposes to extend the January 10, 2021 sunset date in §1026.43(e)(4)(iii)(B) of Regulation Z for qualified mortgages (QMs) eligible to be purchased or guaranteed by the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation (collectively GSEs), while operating under the conservatorship or receivership of the Federal Housing Finance Agency (FHFA), pursuant to §1026.43(e)(4)(ii)(A) (Temporary GSE QM loans).
Full Memorandum
