There is too much risk to mortgage originators in dealing with clients who do not understand what to expect in the home buying process as well as not knowing what they need to do after the deal closes.

At the Mortgage Bankers Association’s National Secondary Market Conference held in New York during May, attorney Mitchel Kider said the ability-to-repay standards and qualified mortgage definitions issued by the Consumer Financial Protection Bureau leaves the consumer with little or personal responsibility for their actions.

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