Getting Ready for QM

Pointers on Points and Fees, Fair Lending, Checklists and Other QM Issues

Available On-Demand
Date held: July 23, 2013, 75 minutes
3:00 PM
Presented By: National Mortgage News

Come January 2014 the CFPB fully expects institutions to be in compliance with newly issued mortgage rules. One of those rules, the ability-to-pay/qualified mortgage rule, recently amended end of May, is the key to facilitating access to credit and will require careful planning to implement for banks and non-banks.

This webinar will consider both strategic and day-to-day QM compliance issues organizations should take steps to prepare for including:
  • Implementing the rule on a timeline
  • Determining what to include in points and fees
  • Fair lending planning
  • Record retention - what, how and for how long
  • Gap analyses and processes
  • State law overlay
Host: Mark Fogarty, Editor, National Mortgage News


Presenters:


Amy Bishop
Deputy Corporate Counsel, Quicken Loans Inc.



Jonathan D. Jaffe, Esq.
K&L Gates LLP



David A. Stein
Director, Promontory Financial Group, LLC



Nanci L. Weissgold
K&L Gates LLP


Who Should Attend:
Compliance officers
Corporate Counsel
Auditors
Loan Originators
Loan Officers
Lenders
Board Members


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