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| Registration for this event is open from: | Jan 5, 2021 12:00 - Aug 12, 2021 12:00 | |
| Where: | Webinar, Recorded, Both Live/Recorded, (US). | |
| Date: | Feb 12, 2021 - Feb 12, 2021 | |
| Time: | 10:00 - 11:30 | |
| Event description: | ||
New ATR & QM Rule Changes Effective July 1, 2021(90-minute webinar – recording also available) Friday, February 12, 2021 This is a morning webinar 8:00 AM Pacific 9:00 AM Mountain 10:00 AM Central 11:00 AM Eastern A new deadline! New ATR and QM rule changes are effective July 1, 2021. The new rules cover General QM loans and Seasoned QMs – a whole new category and new set of rules. Do you know which loans will be affected? Are ability-to-repay calculations changing? Now’s the time to get the specifics, learn how to strengthen ATR/QM compliance, and get implementation guidance. AFTER THIS WEBINAR YOU’LL BE ABLE TO:
WEBINAR DETAILS The CFPB recently finalized two rules related to qualified mortgage (QM) loans. The first replaces current debt-to-income (DTI) requirements for General QM loans; the second creates an entirely new category for qualified mortgages – Seasoned QMs. Both rules are effective 60 days after publication in the Federal Register; however, the mandatory compliance date for the General QM requirements is July 1, 2021 – which will be here before you know it! This webinar will dive into the final QM rules and provide best practices for preparing your policies, procedures, systems, and staff for the changes. In addition, it will review the seven ability-to-repay (ATR) options and not only provide guidance to implement the new changes, but also to strengthen your current ATR/QM compliance program. Don’t miss this jam-packed session! WHO SHOULD ATTEND? This informative session would best suit loan officers, loan operations personnel, compliance officers, and internal auditors. TAKE-AWAY TOOLKIT
DON’T MISS THESE RELATED WEBINARS! New Uniform Residential Loan Application Beginning January 1, 2021: Updating Policies & Testing Readiness on Wednesday, May 6, 2020 SAFE Act Compliance for Mortgage Loan Originators (MLOs) on Wednesday, September 2, 2020
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. THREE REGISTRATION OPTIONS – WHAT YOU GET 1. Live Webinar Includes
2. Recorded Webinar Includes
3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here. Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only. AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE
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MEET THE PRESENTER - Dawn Kincaid, Brode Consulting Services, Inc.