IMN Non-QM Forum

The Latest on the Political Football of the New Administration, QM Rule Cancellation & Their Implications
Thursday, September 9, 2021 - 5:05 PM EDT

Steve vonBerg draws on his legal experience in the mortgage industry as well as his background as a loan officer and underwriter to discuss:

• Risk retention link between Qualified Mortgages and Qualified Residential Mortgages
• Will GSE guidelines push more borrowers to non-QM?
• Worried about fair lending?
• Any impact on Community Development Financial Institutions Fund
• The 7% rule and its implications on second homes and investment properties
• Increased bank lending regulations and restrictions " good for the non-QM market?
• What are regulatory audits looking like? Individual loan scrutiny?
• Insurance companies and whole loan purchases
• What are the real-world risks in the non-QM market? Where have court cases been successful?
• Impact of new leadership of FHFA