Is the Mortgage Market Failing the Self-Employed?

 "The Continued Impact of the Housing Crisis on Self-Employed Households," recently published by The Urban Institute provides some eye-opening stats regarding self-employed households...

• 10.6% of 40-59 yr old households
• Median income 30% higher than salaried households
• Home ownership rate 16% higher than salaried households
• But are 9% less likely to take out a mortgage. a sustained divergence that has appeared over the past decade

The reasons given included higher income volatility, the lack of W-2 and other documentation standards.  In other words, requirements baked into QM ("Qualified Mortgage") standards.