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CFPB's Date Defends QM, Talks 'Stressful' Deadlines

JAN 29, 2013 12:13pm ET
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Raj Date, the Consumer Financial Protection Bureau's No. 2 who has helped build the bureau from the ground up, rejected the claim that the 'qualified mortgage' rule will push lenders out of the business and said the mortgage industry managed "to do almost everything wrong" prior to crisis.

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