Regulation

NAFCU to host webinar on CFPB’s QM, ability-to-repay rules

NAFCU_logo_edited-150x150The National Association of Federal Credit Unions will host a webinar next week on qualified mortgages and the CFPB’s ability-to-repay rule.

The webinar will be broadcasted at 3 p.m. EST on Tuesday, March 11. The session will be open to all credit unions, regardless of charter type or membership. Executive leaders, including CEOs, CFOs, CAOs and compliance specialists, are encouraged to attend.

Speakers for the webinar will include Andy Keeney, a partner at Kaufman & Canoles; Steve Van Beek, an attorney and counselor at Howard & Howard Attorneys; and Barry Stricklin, the vice president of real estate lending at Tower Federal Credit Union.

The webinar will cover the CFPB’s new standards, which took effect in January, as well as best practices for credit unions to determine whether to offer QMs and non-QMs, understanding the risks associated with non-QMs and real-world examples of the rules’ impact.

Registration fees vary by package option, and on-demand services for the webcast are available.

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