Podcast: The DocMagic Moment – Episode #16 – Take the pain out of QM
In this edition of the DocMagic moment, Ron looks back on how the CFPB’s January rules changes have impacted the industry.
Almost every aspect of a deal must be considered to determine if it meets the eligibility guidelines for a QM loan. One of the most important of these guidelines involves the Ability-to-Repay calculations and lenders would have a difficult time instituting systems to stay compliant.
Listen Now:
[audio mp3="http://docmagicinc.files.wordpress.com/2014/05/dsi-pod-0414a.mp3"][/audio]
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Topics from this blog: Compliance
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