Qualified Mortgages: Do the Math

January 7, 2014

You may have thought that surviving algebra meant you were done dealing with tough math problems. However, the upcoming Qualified Mortgage (QM) Rule from the Consumer Financial Protection Bureau, which kicks in Jan. 10, 2014, has some industry participants back at the chalkboard. Read on to learn how a provision of the QM Rule will impact companies affiliated with lenders.

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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.