· The CFPB’s focus on LO Compensation Plans
· What we can learn from the CFPB’s recent enforcement actions regarding LO Compensation.
· How you can (and should) conduct a self-evaluation of your current LO Compensation Plan to ensure you are in compliance.
· What changes / updates you will need to make to your LO Compensation Plan
QM/ATR:
· 3% and the definition “points & fees” – what’s in and what’s out
· Broker vs. Banker – how application of the rule will be the same, different
· Unresolved questions & issues concerning the rule
· Q&A – what more do you still want to know about QM and Ability to Repay
Our presenter, Ryan Riesterer, is the Founder & Managing Member of Riesterer Law & Consulting, Ltd. http://www.riestererlaw.com, a multi-state legal and government relations practice based in Colorado Springs. Ryan has represented NAMB - The National Association of Mortgage Professionals as counsel and a registered lobbyist, and has worked on legislative and regulatory issues affecting the mortgage industry since 2006. He works primarily with businesses and organizations, helping clients interpret and adapt to legislative and regulatory changes, shape public policy, protect business interests and successfully manage complex organizational and transactional matters.
WHEN: Tuesday, July 22nd 10am-11:30am
WHERE: Go To Meeting webinar
COST: Member $25
Non-Member $35
© 2014 Colorado Association of Mortgage Professionals
