Qualified Mortgages

We’ve had qualified mortgages for several years.  But banks often comply with the rules (or not) with no clear understanding of the requirements and benefits of qualified mortgages. Why do we have these things anyway? Are they required?  When?  Why?  What are the benefits for banks?

In this webinar, we’ll explore both the general ability-to-repay rules and the qualified mortgage options.  There are five different qualified mortgages, and for each type of qualified mortgage we’ll explain both the eligibility rules and the requirements for that type of qualified mortgage. In addition, we’ll provide an easy-to-read booklet containing basic explanatory charts and supplemental information.  

The webinar will provide lenders, processors and compliance officers with information that will enable them to more thoroughly understand qualified mortgages.  

This webinar has been approved by ABA Professional Certifications for 1.75 CRCM CE credit.  ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. This statement is not an endorsement of this program or its sponsor." Certification holders must report these credits at aba.csod.com.

Anne LolleyPRESENTER: Anne Lolley

For over forty years, Anne Lolley has been simplifying compliance issues for bankers. After earning her law degree from the University of Kansas, she joined the Kansas Bankers Association, where she developed its successful legal department and gave compliance-related seminars. She has been a compliance officer for two banks and continues to provide webinars to bankers. Her expertise at simplifying the complex and creating user-friendly reference manuals has made her a popular instructor.

 

CE CREDITS: Approved 1.75 CRCM

WHO SHOULD ATTEND: Loan officers, loan processors, compliance officers and auditors, loan underwriters and closers.

Date: June 2, 2022 Time: 2:00 pm - 3:30 pm EST
 
COST: $225.00