U.S. Department of Housing and Urban Development (HUD) secretary Shaun Donovan Tuesday reiterated his call for regulators to finalize a qualified residential mortgage (QRM) rule that does not restrict access to “safe” loans that are being originated today.

The HUD secretary stressed that the QRM rule mandated under the Dodd-Frank Act should be drafted to require risk retention only on irresponsible loans originated during the housing boom.

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