Description
The Regulation Z Ability-to-Repay/Qualified Mortgage Policy and Procedure Update provides a one-page policy update that can be inserted into your existing policy. The Procedures Update includes step-by-step procedures designed to help your financial institution comply with the ATR/QM rules. The procedures are designed to be used in conjunction with the following ATR/QM products:
ATR 8 Factor Feature Checklist
ATR Options Decision Tree
ATR Coverage Flowchart
HPCT Coverage Flowchart
General QM Feature Checklist
Balloon QM Features Checklist
Small Creditor QM Features Checklist
Temporary Balloon QM Features Checklist
Temporary GSE QM Features Checklist
Seasoned QM Features Checklist
Nonstandard-Standard Checklist
Each compliance aid can be purchased individually basd on specific needs or as an entire package with the Regulation Z ATR/QM Compliance Management System.
1/2021
