A webinar is being held to educate lenders about the new Qualified Mortgage rule and how it applies to mortgage insurance.
The QM and Ability-to-Repay rules being implemented by the Consumer Financial Protection Bureau go into effect on Friday.
In order to help home lenders understand mortgage insurance requirements on QMs, a webinar is being presented on multiple occasions over the next few weeks.
The 45-minute event, QM Making MI Easy in a QM World, is being hosted by Radian Guaranty Inc. It will be presented several times during the remainder of January.
“Our QM webinars have received tremendous feedback and we are adding more to help assist our customers based on popular demand,” Radian Chief Franchise Officer Brien McMahon said in the statement.
Radian touted its Loan Amount Estimator to help originators determine the maximum loan amount for borrowers while staying within a 43 percent debt-to-income ratio.
Registration for the webinar is online at .
Radian’s QM resources are at www.radian.biz/QM.
