Tag Archives: QM

May 2013 – Compliance Newsletter

STATE Colorado: HB 1307 Modification of Requirements of Legal Descriptions on Real Estate Docs. The state of Colorado modified provisions regarding the preparation of instruments affecting real estate and the legal description of the property. Effective 8/7/13, despite the CO … Continue reading

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CFPB Mortgage Policy Field Hearing, January 10, 2013

I was in attendance at the CFPB Mortgage Policy Baltimore Field Hearing on January 10, 2013.  CFPB Director Richard Cordray presented the QM to the industry, “[o]ur goal with the Ability-to-Repay rule is to make sure that people who work hard to buy … Continue reading

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