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Upcoming League Events

 

Webinar: The 5 Definitions of a Qualified Mortgage Under CFPB Rules Effective January 10, 2014: Including September 2013 Rule Changes

 

Friday, November 22, 2013

2:00 - 3:30 pm CST

 

Speaker:  Bill Elliott, Young & Associates, Inc.

 

About the Program

In an effort to make the Dodd-Frank Qualified Mortgage “fit” in more situations, the Consumer Financial Protection Bureau has given us five definitions of a qualified mortgage. While not all will apply to every financial institution, every institution that makes mortgage loans will use one of the five definitions – most will use more than one. As we hurtle toward the January deadline, this webinar will assist you in considering all the options and ensure that all your mortgage loan types are compliant and ready to go.

 

(Note: This webinar will not cover other definitions of a Qualified Mortgage – such as those recently proposed by HUD for their FHA program. Because the HUD rule will not be final by the January deadline, we will save that discussion for a later date.)

 

HIGHLIGHTS

  • The five qualified mortgage definitions
  • The different requirements for each definition
  • Its impact on your financial institution
  • Last-minute preparation suggestions
  • Decisions that need to be made


Related Files
Printable Brochure (Adobe PDF File)

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