CUNA Mutual Hosting Webinar on Proposed Qualified Residential Mortgage Rules

CUNA Mutual Group will host a major industry panel webinar at 1 p.m., CDT, Monday, July 18, on proposed Qualified Residential Mortgage (QRM) rules that some believe could negatively affect credit unions and their members.

The webinar, “Update on Proposed Qualified Residential Mortgages (QRM) Rules: Why Credit Unions Should Care,” will feature representatives from the Credit Union National Association, PricewaterhouseCoopers, and CMG Mortgage Insurance Company (CMG MI). 

As required by the recently enacted Dodd-Frank regulation, federal regulators are working on rules that will define which mortgages are exempt from the risk-retention requirements and will, consequently, be identified as Qualified Residential Mortgages.

The webinar will feature a panel of industry professionals discussing the proposed rules and the related risk-retention requirements, as well as the potential impact on the credit union mortgage lending business and members’ opportunities for homeownership.

Webinar presenters include:

  • Mary Dunn, senior vice president, and deputy general counsel, Credit Union National Association;
  • Joel Luebkeman, director, marketing and product development, CMG MI;
  • Steve Robertson, managing director, PricewaterhouseCoopers; and
  • John McKechnie, senior vice president, Total Spectrum

The webinar will be moderated by Christopher Roe, CUNA Mutual senior vice president of corporate and legislative affairs.

Webinar attendees will be encouraged to submit comments to the rules to the Office of the Comptroller of the Currency by August 1, through this link.

Register here for the webinar.

CUNA Mutual Group is the marketing name of CUNA Mutual Insurance Society, its affiliates and subsidiaries, including CUMIS Insurance Society, Inc.  Product availability and features may vary by jurisdiction and are subject to actual policy language. Corporate headquarters are located in Madison, Wis.

 

Questions? Contact Sales & Marketing Associate Craig Reed: 206.340.4789, creed@nwcua.org.

Posted in Business Solutions, CUNA, Industry Insight, Marketing & Communications.