Reg Z Ability to Repay (ATR) and Qualified Mortgage (QM) for Compliance Professionals

Course Number: ABA

Course Code: n/a

Explains the ability to repay rules for all Regulation Z closed-end mortgages, including the eight minimum underwriting factors and the special circumstances that qualify for transitioning nonstandard to standard mortgage loans. Describes the purpose and qualifications associated with the qualified mortgage rules.

After completing this course, students will be able to:
– Describe the Ability to Repay rules for covered Regulation Z closed-end mortgages
– Explain the purpose and qualifications for the Qualified Mortgage rules

Audience: Compliance and risk management professionals including compliance managers, officers, and other team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, and auditors.‚Äč

Prerequisites: n/a

Register Now

Member Price: $275.00
Non-Member Price: $375.00
Textbook Charge: $0.00

Credits: ICB: 0.75 CRCM

Length: 30 minutes

ABA Training