--New U.S. consumer bureau designing Dodd-Frank "qualified mortgage" rule
--Rule expected to be finished this summer sets out new standards for U.S. mortgage industry
--33 groups, mostly banking and housing organizations, urge strict standards not be enacted
WASHINGTON -- U.S. mortgage lenders and real-estate agents are growing concerned that a new set of mortgage-lending standards under development by a new consumer regulator will imperil the fledgling housing recovery and limit the availability of home loans.
In recent weeks, after meetings with consumer-bureau officials, several real-estate industry groups and some consumer- advocacy organizations have grown worried about how the Consumer Financial Protection Bureau could interpret the mortgage-lending rules, which it is aims to finish by this summer.
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