Hagan, Landrieu, Isakson Urge Action on QRM Rule
Washington, DC – February 15, 2013 – (RealEstateRama) — U.S. Senators Kay Hagan (D-NC), Mary Landrieu (D-LA) and Johnny Isakson (R-GA) this week sent a bipartisan letter to banking regulators and housing officials urging them to act quickly to revise the Qualified Residential Mortgage (QRM) rule. Action on the rule is needed to ensure that responsible borrowers are not denied the opportunity to purchase a home under reasonable terms