Event Calendar

Thursday, July 7, 2022

Countdown to ATR/QM Changes Effective 10/1/22: Preparing Policies & Processes Webinar

Start Date: 7/7/2022 9:00 AM MDT
End Date: 7/7/2022 10:30 AM MDT

Event Website: https://financialedinc.com/countdown-to-atr-qm-changes-effective-october-1-2022-preparing-policies-processes

Organization Name: Independent Bankers of Colorado

Maelynn Lewis
Email: mlewis@ibcbanks.org
Phone: (720) 607-7937

The clock is ticking down to the October 1, 2022, compliance deadline. Is your institution ready for the new QM loan rules? Do you know the seven ability-to-repay options? If you don’t have your arms around the implementation steps and content of the final rules, you’d better act fast! The QM rules have been on a rollercoaster the last two years. Originally the CFPB released two final rules related to qualified mortgage (QM) loans.The first was to replace the DTI requirements for general QM loans and the second was to create an entirely new category for qualified mortgages – seasoned QMs. On December 29, 2020, the CFPB published the final rule in the Federal Registergiving it an effective date of March 1, 2021; however, the mandatory compliance date was July 1, 2021. Then on April 30, 2021, the CFPB published a new notice in the Federal Register extending the mandatory compliance date for the General QM Rule to October 1, 2022. This session will dive into the final QM rules and provide best practices for how to prepare your policies, procedures, systems, and staff for the changes. It will also review the seven ability-to-repay (ATR) options and provide guidance on implementing the new changes and how to strengthen your current ATR/QM compliance program.  Don’t miss this jam-packed session!

  • Understand the newly issued QM final rules
  • Determine which loans are affected by the ATR/QM rules
  • Define the qualified mortgage options and requirements for each
  • Use best practices and tools in determining a consumer’s ability to repay
  • Distinguish which institutions qualify as “small creditors”
  • Sample policy language
  • Sample ATR worksheet
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
This informative session would best suit loan officers, loan operations personnel, compliance officers, and internal auditors. 
An In-Depth Look at Regulation Z's Amended Qualified Mortgage (QM) Rule, recording available 
Ability to Repay: Qualified Mortgages & TILA RESPA Disclosures, Wednesday, October 26, 2022
Mortgage Lending Compliance Overview, Tuesday, November 15, 2022
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.
Dawn Kincaid, Brode Consulting Services, Inc.
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.

1. Live Webinar Includes
  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. On-Demand Webinar Includes
  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

Online Registration

Registration is Closed
Closed: 7/6/2022 3:00 PM

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