FHA push for more subprime lending will only make a bad risk worse

(RECAP: AEI’s International Center on Housing Risk co-directors Edward Pinto and Stephen Oliner say there continues to be little discernible volume impact from the QM regulations on the share of loans with debt-to-income ratios greater than 43%, but they point to a number of worrying trends. More troubling is the push for more subprime lending, Pinto says.)