WASHINGTON — Although the Consumer Financial Protection Bureau appears close to a compromise over key mortgage underwriting rules, the agency's attempts to appease both banks and consumer groups could backfire.

At issue is the bureau's implementation of Dodd-Frank Act requirements that lenders follow "ability-to-repay" standards for mortgage borrowers. Under the provision, the bureau must define certain ultra-safe loans — known as "Qualified Mortgages" — that would automatically fit the ability-to-repay criteria.

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