The ability-to-repay rule, mandated by the Dodd-Frank Act, requires lenders to assess a borrower's capacity to repay a mortgage loan before extending credit. This involves a reasonable and good faith determination based on documented and verified information, such as income, assets, and other financial factors.
What are the requirements

A review of the considerations to include:
Income & Assets
Expenses & Debt
Credit history
Other considerations
Best Practices

Who Should Attend?
• Lending personnel
• Compliance officers and compliance personnel
• Other interested persons

Air Date: September 4, 2025