Romney Baits Obama with QM

In his take on the presidential debate Wed. night, Paul Muolo of OriginationNews notes Romney peppering Obama about the Qualified Mortgage rule that awaits finalization by the Consumer Financial Protective Bureau. MHProNews has learned Muolo finds it impressive that Romney knows what a QM is, and suggests Obama likely does not, although he compliments Obama for having learned the difference between loan brokers and loan officers. Since Obama criticized loan officers for writing mortgages for unqualified applicants, Muolo asks, somewhat rhetorically, if this means he has recognized that loan officers at discredited lending institutions are responsible for their role in the mortgage mess.

(Image credit: HousingWire)

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