{"abstract":"Through this final rule, HUD establishes a definition of \"qualified mortgage\" for the single family residential loans that HUD insures, guarantees, or administers that aligns with the statutory ability-to-repay criteria of the Truth-in-Lending Act (TILA) and the regulatory criteria of the definition of \"qualified mortgage\" promulgated by the Consumer Financial Protection Bureau (CFPB). The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) created new section 129C in TILA, which establishes minimum standards for considering a consumer's repayment ability for creditors originating certain closed-end, dwelling-secured mortgages, and generally prohibits a creditor from making a residential mortgage loan unless the creditor makes a reasonable and good-faith determination of a consumer's ability to repay the loan according to its terms. Section 129C authorizes the agency with responsibility for compliance with TILA, which is CFPB, to issue a rule implementing these requirements, and the CFPB has issued its rule implementing these requirements. The Dodd-Frank Act also charges HUD and three other Federal agencies with prescribing regulations defining the types of loans that these Federal agencies insure, guarantee, or administer, as may be applicable, that are qualified mortgages. Through this rule, HUD complies with this statutory directive for the single family residential loans that HUD insures, guarantees, or administers.","action":"Final rule.","agencies":[{"raw_name":"DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","name":"Housing and Urban Development Department","id":228,"url":"https://www.federalregister.gov/agencies/housing-and-urban-development-department","json_url":"https://www.federalregister.gov/api/v1/agencies/228","parent_id":null,"slug":"housing-and-urban-development-department"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2013/12/11/2013-29482.html","cfr_references":[{"chapter":null,"citation_url":null,"part":201,"title":24},{"chapter":null,"citation_url":null,"part":203,"title":24},{"chapter":null,"citation_url":null,"part":1005,"title":24},{"chapter":null,"citation_url":null,"part":1007,"title":24}],"citation":"78 FR 75215","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: January 10, 2014.","disposition_notes":null,"docket_ids":["Docket No. FR 5707-F-02"],"dockets":[],"document_number":"2013-29482","effective_on":"2014-01-10","end_page":75238,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2013/12/11/2013-29482.xml","html_url":"https://www.federalregister.gov/documents/2013/12/11/2013-29482/qualified-mortgage-definition-for-hud-insured-and-guaranteed-single-family-mortgages","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2013-29482?publication_date=2013-12-11","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2013-12-11/2013-29482/mods.xml","not_received_for_publication":null,"page_length":24,"page_views":{"count":8761,"last_updated":"2026-07-28 02:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2013-12-11/pdf/2013-29482.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2013-29482.pdf?1386683981","publication_date":"2013-12-11","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2013/12/11/2013-29482.txt","regulation_id_number_info":{"2502-AJ18":{"issue":"201310","html_url":"https://www.federalregister.gov/regulations/2502-AJ18/federal-housing-administration-fha-qualified-mortgage-standards-for-fha-insured-single-family-mortga","title":"Federal Housing Administration (FHA): Qualified Mortgage Standards for FHA-Insured Single-Family Mortgages (FR-5707)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201310&RIN=2502-AJ18&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["2502-AJ18"],"regulations_dot_gov_info":{"supporting_documents":[{"title":"Regulatory Impact Analysis","document_id":"HUD-2013-0093-0075"},{"title":"FR-5707-P-01 Additional Information-Question for Comment on QM Proposed Rule","document_id":"HUD-2013-0093-0008"},{"title":"FR-5707-P-01 Regulatory Impact Analysis (RIA) for QM Proposed Rule","document_id":"HUD-2013-0093-0007"},{"title":"Document is replaced with Document HUD-2013-0093-0008, October 21, 2013.","document_id":"HUD-2013-0093-0003"},{"title":"Document is replaced with Document HUD-2013-0093-0007, October 21, 2013.","document_id":"HUD-2013-0093-0002"}],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/2502-AJ18/federal-housing-administration-fha-qualified-mortgage-standards-for-fha-insured-single-family-mortga","title":"Federal Housing Administration (FHA): Qualified Mortgage Standards for FHA-Insured Single-Family Mortgages (FR-5707)"},"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=HUD-2013-0093","supporting_documents_count":5,"docket_id":"HUD-2013-0093","regulation_id_number":"2502-AJ18","title":"FR 5707–P–01 Qualified Mortgage Definition for HUD Insured and Guaranteed Single Family Mortgages","checked_regulationsdotgov_at":"2013-12-31T14:43:33Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":75215,"subtype":null,"title":"Qualified Mortgage Definition for HUD Insured and Guaranteed Single Family Mortgages","toc_doc":"HUD Insured and Guaranteed Single Family Mortgages","toc_subject":"Qualified Mortgage Definitions:","topics":["Claims","Hawaiian Natives","Health facilities","Historic preservation","Home improvement","Indians","Indians-lands","Loan programs-Indians","Loan programs-housing and community development","Manufactured homes","Mortgage insurance","Reporting and recordkeeping requirements","Solar energy"],"type":"Rule","volume":78}