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Final ATR/QM Rules: Guidance, ATR Options & Policy Update

Jan 03 2:00 PM - Jan 03, 2023 3:30 PM
Jan 03, 2023 2:00 PM - 3:30 PM
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Do you have the new ATR/QM rules down pat? Now that the 43 percent DTI rule is gone, do you know what to do? This webinar will provide the details, options, sample policy, and best practices you need to comply with the final rules.

Learning Objectives

  • Understand the requirements of the QM final rules
  • Determine which loans are affected by the ATR/QM rules
  • Define the qualified mortgage options and conditions for each
  • Use best practices and tools to determine a consumer’s ability to repay
  • Identify which institutions qualify as “small creditors” and which elements of the QM rules apply

The ATR/QM rules require lenders to make a reasonable, good faith determination of a consumer’s ability to repay any residential mortgage loan. The original general QM rules provided that a borrower’s debt-to income (DTI) ratio could not exceed 43 percent. However, as of October 1, 2022, financial institutions must adhere to the revised general QM definition which eliminates this restriction and replaces it with priced based thresholds tiered to the loan amount and lien position.

This session will dive into the details of the final QM rules and provide best practices for how to ensure your policies and procedures accurately reflect the changes. It will also review the seven ability-to-repay(ATR) options and provide guidance on how to not only implement the new changes, but to strengthen your current ATR/QM compliance program. 



Dawn Kincaid, Brode Consulting Services, Inc.

Dawn Kincaid began her banking career while attending The Ohio State University. She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services. Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.




Live and recorded webinar, handouts, quiz with answer key and training log are included.

Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type


Topics Covered

  • Live Webinars
  • Compliance
  • Lending & Collections