Glossary
QM rule
CFPB's Qualified Mortgage rule under Regulation Z, defining standards for safe-harbor or rebuttable-presumption protection from ability-to-repay claims.
The General QM definition (post-2021 amendment) replaced the 43% DTI cap with a price-based threshold. Loans meeting QM standards receive legal protection under the Truth in Lending Act's ability-to- repay requirements; non-QM loans don't.
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