CE: Qualified Mortgage (QM) Resource Guide

Member Price: $1,000.00

Nonmember Price: $6,000.00

Product Code: DL2-009987-WC-W

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MBA Compliance Essentials: Ability to Repay and Qualified Mortgage (QM) Rule Resource Guide ©2014

Summary:

Relatively recent regulations from the Federal Reserve and even newer regulations from the CFPB have greatly increased the compliance concerns of lender companies regarding compensation of their loan officers. The rules are complicated and there is considerable liability for violations.

The MBA Compliance Essentials Ability to Repay and Qualified Mortgage (QM) Rule Resource Guide is intended to serve as a foundation for your company's policies and procedures in this extremely nettlesome area.

Developed by:

  • The law firm of Weiner Brodsy Kider PC

Chapters include:

  • Statutory and Regulatory Background
  • Summary of Requirements and Implications
  • Draft Policies and Procedures

Notes

*** MBA Compliance Essentials guides are available in electronic format only.

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