|MBA Members-Only Conference Call on QM Today at Noon|
The Mortgage Bankers Association will host a special Members-Only Conference Call, First Look at the New QM Rule, today, Jan. 16 from noon-1:30 p.m. ET.
This new Ability to Repay/Qualified Mortgage Rule, announced last week by the Consumer Financial Protection Bureau, will in large measure govern underwriting for mortgage lenders going forward. It is extensive and includes several key provisions that will greatly impact real estate finance as we know it.
The conference call provides MBA members with a first look at the new. The call will feature MBA staff experts and discuss key provisions of the rule and their impact. Time will be set aside for questions and answers.
This call is open to all MBA members at NO CHARGE. Please note, however, that space is limited. If multiple staff from your organization plan to participate, please collaborate to find a common space in which to listen, so that we can accommodate more members.
To register, call (800) 793-6222, select option 3; phone registrations will continue until 11:00 a.m. ET this morning.