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Uso de qrm em inglês
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These exempted loans are known as Qualified Residential Mortgages, or QRM.
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One such rule defines Qualified Residential Mortgages, or QRMs.
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Loans that do not meet the new "QRM" definition would not be allowed to be fully securitized.
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The FHA, which does not make loans directly but guarantees them for borrowers subject to certain restrictions, is QRM exempt.
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The initial proposal would have exempted so-called qualified residential mortgages, or QRMs, in which borrowers make 20 percent down payments.
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But even as policymakers debate scaling back support for housing, a tough QRM standard could lead more borrowers into loans backed by the FHA.
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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.