Advising Clients in a Changing Landscape:
New Challenges of Residential Mortgage Underwriting (Audio)
Shant Banosian, Brian L. Lynch, Christine J. Miele
The CFPB has utterly changed residential real estate transactions, not only with the TRID Rule for closing attorneys, but with the Ability to Repay Rule and the Qualified Mortgage (“QM”) Guidelines rules for our lender clients. Join our panel of mortgage broker underwriters for a roadmap to these new federally mandated protocols which have been in effect now since January. Any lawyer who represents buyers – or sellers – in residential transactions should attend this program.