Ability-to-Pay Rule Continues to Draw Fire.

The article focuses on the ability-to-pay rule of the U.S. Consumer Financial Protection Bureau (CFPB). It mentions that the CFPB revised the qualified mortgage rule in May 2013 but the lawmakers at a House subcommittee say that the law still hinders access to credit. James Gardill, chairman of the board at WesBanco in West Virginia, says that that the rule limits the ability to design the programs that are necessary and appropriate to meet the needs of our customers.