Revised Ability to Repay/Qualified Mortgage Options
CFPB revisions that changed the ATR/QM options are taking effect now.

This review will help you understand the alternatives available to your institution in order to take advantage of the positive changes and lessen the impact of negative changes.

Revisions to Regulation Z published by the CFPB on September 21, 2015 revised the Ability to Repay/Qualified Mortgage (ATR/QM) options available to all financial institutions. One of the existing options expires on April 1, 2016, and other options are revised effective January 1, 2016.

  • How do the changes impact your institution?
  • Are the ATR/QM options currently used by your institution still legally available?
  • What previously excluded ATR/QM options may now be available to your institution?
  • What changes to your compliance management system are needed?
  • What decisions may need to be made by your senior management/board to determine how your institution will comply?

Why Participate?

You need to evaluate what options are still available and what options expire in 2016. This webinar reviews all seven ATR options, including the five QM options. The new small creditor and rural and underserved areas rules are reviewed in detail with a discussion of the positive and negative impact these changes may have. In addition to reviewing the alternatives, the program outlines steps necessary to take advantage of the positive changes and lessen the impact of negative changes.


  • The seven ATR and the five QM options and what conditions must be met for a loan to be considered under these options;
  • Expiration of the Temporary Balloon Qualified Mortgage option
  • Which remaining ATR/QM options allow for balloon payment loans and alternatives to balloon payments
  • What special ATR/QM options remain for small creditors
  • What institutions qualify as “small creditors” under the revised rules
  • The expanded definition of “rural area”
  • How does the change impact your ATR/QM options
  • Tools available from the Census Bureau and the CFPB to determine which areas are rural areas and how to use those tools
  • The positive or negative impact these changes may have on your institution and how to manage them to improve your compliance system.


This informative session will benefit auditors, compliance officers, loan officers, loan processors and other personnel with mortgage lending responsibilities.


Jack Holzknecht, CRCM, is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 39 years. Jack’s career began as a federal bank examiner. He also headed the form and software division of a regional consulting company. He has developed and presented training programs to bankers in 43 states. He also developed and delivered training for the FDIC.

Kelly M. Owsley, CRCM, is Director of Training Services for Compliance Resource, LLC. Since 2000, she has worked for financial institutions ranging in asset size from $250 million to $3 billion. Kelly has worked in branch management, lending, product development and training. Recently, she served as VP of Compliance for a community bank where she was responsible for implementing and training all compliance related topics.

Credit Information

Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2 hours/session


Live Webinar:

Member price: $275.00 | Non member price $550.00

On-Demand Webinar

Member price: $295.00 | Non member price $560.00


Online: Visit the CBA Webinar Catalog

Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)

1516 Xavier St., Ste 500, Denver, CO 80204

Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)

Please Note:

  • Preferred Payment Method: Online
  • Please register online or by phone when paying with a credit card
  • Payment Must Accompany Registration – Invoices are Not Provided

Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.