Underwriting to "Shadow Rent" in Compliance with Ability-to-Repay/QM Rules?
Getting some attention because of Fannie Mae's HomeReady and other innovative programs, this is an interesting question to review "Shadow...
Are Mobile Home Loans Subject to Ability-to-Repay/QM or Other Regs?
If my institution offers loans secured by mobile homes, do we need to meet the Ability-to-Repay/Qualified Mortgage regulations? What if...
Here's a Sample Framework for an Ability-to-Repay Worksheet
Still need something to put in the loan file to document ATR/QM Compliance? Here's one way to do this. One of the easiest ways to limit...
Have your TPO contracts changed to account for Ability-to-Repay liability?
Thoughts on changes to contracts that may protect you when working with brokers / investors / correspondents. What changes has your...
What is the scope of the ability-to-repay rule and how will you develop policies & procedures t
As you know, the new mortgage regulations greatly increase the risk (both likelihood and magnitude) of noncompliance. Originating...