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Ability to Repay, Qualified Mortgage, High Cost and Higher-Priced Mortgage Loans

November 10th, 2020 10:00 am - 12:00 pm CT

A BankWebinars.com Program

Click Here to register for live program $265

Click Here to register for live program and recording $395*

This webinar will walk you through the compliance maze related to Ability to Repay, Qualified Mortgage, High Cost & Higher-Priced Mortgage Loans.

Regulation Z has a whole lot of requirements for loans deemed to be a Qualified Mortgage, High Cost Mortgage or a Higher-Priced Mortgage. It also requires you to verify a borrower’s Ability to Repay on certain types of loans. Keeping all these rules straight can be quite a challenge to say the least. This webinar will look at each requirement, break it down and tell you what you need to know and how to maintain compliance!

What You Will Learn

  • CFPB Proposals & Regulatory Relief Status/Update
  • Small Creditor Categories, Criteria & Status Transitions
  • Rural & Underserved Service Test
  • Balloon QMs - Are they in play for you?
  • QM vs. Non-QM Risk
  • QM & Non-QM Ability to Repay Requirements
  • HCM Loans - What to Look for & How to Avoid Them
  • HPML Criteria, Effects (Balloons, Escrows, Appraisals, etc.) & Much More!

Faculty

Jerod Moyer

Jerod is the leader of Banker's Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Banker’s Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru.




 

* Registration Plus Recording: Includes the live session (one connection, unlimited attendees), CD ROM, (shipped 7-10 business days after live session), unlimited access to OnDemand Playback and links to presenter materials and supplementary handouts for 6 months after live session.