Mortgage lending can be described as detail-driven, document-dependent, and compliance-critical. Knowledge is power — especially when there are changes. Is your program up to snuff?

After This Webinar You’ll Be Able To:

  • Outline the eight factors to consider when determining a borrower’s ability to repay
  • List the types of documentation used to verify income and assets
  • Define a change of circumstance that allows increased closing costs
  • Explain the difference between Lender Credit placement on the Loan Estimate and the Closing Disclosure
  • Distinguish between ability to repay requirements and qualified mortgage requirements
  • Describe the characteristics of a “seasoned” qualified mortgage

Webinar Details
Mortgage lending has some of the most intense regulatory requirements of any financial product or service. It is critical for mortgage lenders to keep up with changes to the process. Recent changes include the addition of the “seasoned” qualified mortgage and the replacement of the static 43% DTI threshold for a qualified mortgage with a slightly more complex, but more consumer-friendly, maximum rate requirement. This webinar will explore the protections provided to lenders when a qualified mortgage is made, when loan costs can and cannot increase, and whether a revised Loan Estimate is allowed or required.

Who Should Attend?
This informative session is designed for real estate lenders, loan officers, underwriters, processors, mortgage loan originators, compliance staff, and auditors.

Take-Away Toolkit

  • Ability to repay and qualified mortgages quick reference
  • Change of circumstance chart
  • Internet resource list
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.


Mary-Lou Heighes – Compliance Plus, Inc.

Mary-Lou Heighes is president and founder of Compliance Plus, Inc., which has assisted financial institutions with the development of compliance programs since 2000. She provides compliance training for trade associations and financial institutions. Heighes has been an instructor at regulatory compliance schools, conducts dozens of webinars, and speaks at numerous conferences throughout the country.

Involved with financial institutions since 1989, Heighes has over 25 years’ compliance experience. Before starting Compliance Plus in 2000, she spent five years working as a loan officer, marketer, and collector. She also worked at a state trade association for seven years providing compliance assistance and advising on state and federal legislative issues that affect financial institutions.

Registration Options

  • $245 – Live Webinar Access
  • $245 – OnDemand Access + Digital Download
  • $350 – Both Live & On-Demand Access + Digital Download