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Revised Ability to Repay/ Qualified Mortgage Options Webinar February 16, 2016, 10:30 a.m. 12:30 p.m. CT CFPB revisions that changed the ATR/QM options are taking effect now. This review will help
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It is a form used for reporting quarterly mortgage metrics.
Mortgage lenders and servicers are required to file 16sw1200 atr-qm optionspmd.
The form should be completed accurately with the required mortgage metrics data for each quarter.
The purpose is to monitor and ensure compliance with mortgage lending regulations.
Information such as loan originations, delinquencies, foreclosures, and loan types must be reported.
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