Webinar - Ability-to-Repay Part 2: What Your Lending Staff Needs to Do to Comply
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When: 8/01/2013
2 p.m. - 3:30 p.m.

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The ability to repay concept is simple – make sure the borrower can pay before you make the mortgage loan. This session will address the management impact of the calculation rules and continue the discussion regarding the decisions management must make in the mortgage loan area. The program will also focus on the second test for a qualified mortgage – debt to income. The residual income issue and the impact this could have on your mortgage-decision process will also be covered. The session will conclude with the impact on balloon mortgages and the asset-liability management process. 

Presenter:: Bill Elliott, Young & Associates,Inc.
Who should attend:  Branch Managers, Compliance Officers, Lenders, Operations and CEOs

Time:  2 p.m.-3:30 p.m.
Cost:  $209 for live webinar only; $229 for live webinar, plus a web link and free CD-ROM 
Registration deadline: Tuesday, July 30


About Webinars

Pairing conferencing capabilities with web technology, this session brings informative, interactive training directly to you. During the webinar, you'll view a real-time PowerPoint presentation on your computer while listening to the audio connection via telephone. 
While credit unions are encouraged to use the webinar to train multiple individuals at once, the credit union will be charged for each computer connection that uses its login code. Participants will receive login instructions and handout materials via email prior to the webinar. In addition, registrants may also receive an archive CD-ROM after the live session.


Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034