Meanings of qrm in English

These exempted loans are known as Qualified Residential Mortgages, or QRM.

One such rule defines Qualified Residential Mortgages, or QRMs.

Loans that do not meet the new "QRM" definition would not be allowed to be fully securitized.

The FHA, which does not make loans directly but guarantees them for borrowers subject to certain restrictions, is QRM exempt.

The initial proposal would have exempted so-called qualified residential mortgages, or QRMs, in which borrowers make 20 percent down payments.

But even as policymakers debate scaling back support for housing, a tough QRM standard could lead more borrowers into loans backed by the FHA.

The problem with the current proposal, Corker said, is that the QRM rule would also exempt loans backed by government-controlled Fannie Mae and Freddie Mac.