Special rate spread for small creditors?
07/12/2020
My bank makes QM Balloon loans and one of my new loan officers is insisting he does not have to stay under the QM 43% Debt to Income cap. He does, doesn’t he?
Rebekah is a sought-after compliance expert, the VP Director of Compliance for $6 billion community bank in Montana, and the owner of Elucidate LLC.
Elucidate means to "make clear, explain, throw light upon", and describes Rebekah's desire to illuminate the complexities of compliance with passion and fun. She's created and produced a TRID music video parody and several Compliance Breakout escape rooms, which she frequently provides at state banking compliance conferences. She is an accomplished speaker and regularly provides webinars through Compliance Resource, LLC.
Rebekah is currently serving as the VP Director of Compliance for a $6 Billion community bank in Montana. She began her career in 1995 at a private lending company, but soon settled into banking, where she's covered nearly all of it - customer service and teller work, loan processing and review, and security and business continuity. She now oversees CRA, BSA and all aspects of compliance as a senior leader. She has successfully navigated numerous FDIC Compliance, CRA, and BSA Exams.
Rebekah has a bachelor's degree in Organizational Leadership from Chapman University (Magna cum Laude), attended the American Bankers Association National Compliance School in 2003, and has held her Certified Regulatory Compliance Manager designation since 2006.
07/12/2020
My bank makes QM Balloon loans and one of my new loan officers is insisting he does not have to stay under the QM 43% Debt to Income cap. He does, doesn’t he?
07/05/2020
To be a Small Creditor QM, must the loan be made in a rural or under served area?
06/28/2020
Can we make non-QM HPMLs, and if so, what do we need to watch out for?