Live Webinar: 90 Minutes

Are you well versed in making a reasonable, good faith determination of a borrower’s ability to repay a mortgage? This fact-filled webinar is a prime opportunity to learn best practices, get tips to improve your program, and understand the seven ability-to-repay options.

The ability-to-repay/qualified mortgage (ATR/QM) rule requires a reasonable, good faith determination of a borrower’s ability to repay any residential mortgage loan. Financial institutions that meet the requirements of either a general QM or small creditor QM will receive safe harbor under the rules for these loans. Without this protection your institution could be at risk.

This session will dive into the details of the QM rules and provide best practices for how to ensure your policies and procedures accurately reflect what’s required. It will also review the seven ability-to-repay options and provide guidance on how to document these factors in the loan file. You will also be provided with tips to strengthen your overall ATR/QM compliance program. Don’t miss this jam-packed session!