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On todays broadcast, we have as our specials guests Glen Corso of Community Mortgage Lenders America and James Brody of the American Mortgage Law Group. We will be discussing what lenders are beginning to see from state examiners regarding the QM points and fees calculation and the entire ability to repay issue. James has a client base of over 100 lenders and his firm, the American Mortgage Law Group, does regulatory work for them as well as buyback defense work. Also, we will discuss the recent rule promulgated by VA creating a VA QM.
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 Joe Farr with a MARKET UPDATE, Alice Alvey providing a LEGISLATIVE UPDATE, Paul Muolo of Inside Mortgage Finance giving a quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE. This is followed by the HOT TOPIC segment, which is an in depth discussion about one of the hottest topics related to the mortgage industry.
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