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Rick Palacios Jr Rick Palacios Jr.

There is a new risk on the horizon for homebuilders. The qualified mortgage patch, which currently exempts Fannie and Freddie from Dodd-Frank’s 43% debt-to-income ratio cap, will expire. According to John Burns Real Estate Consulting, the change could impact as much as 14% of the mortgage market and could remove some would-be homebuyers from the market altogether. It could also put homebuilders at risk.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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