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1-6-14 SPECIAL GUEST: Dave Bergstrom of United Guaranty Corp o QM/MI solution

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David Lykken

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As the new Ability to Repay (ATR) and Qualified Mortgage (QM) rules take effect this week our special guest, Dave Bergstrom with United Guaranty Corp (UGC), was on this broadcast discussing mortgage insurance solutions that comply with the new QM rules.  He outlined major elements of the QM rules as it pretains to mortgage insurance and how UGC has responded to the challenges that these new rules created for lenders and borrowers.  Dave explained MI options available including borrower-paid monthly and lender-paid options.  He also explained how Qualified Mortgage Insurance (QMI) product suite can benefit you and your borrowers in the New Year.  

Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.

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