Please come to the first of our Breakfast Briefings, where Mayer Brown partners, Larry Platt and Kris Kully, will provide an overview of the current state of the ATR rule.

The Consumer Financial Protection Bureau’s January 2019 five-year assessment of its ability-to-repay rule concluded that the rule generally was not associated with an improvement in loan performance, but the debate over the rule’s meaning and parameters continues unabated. Should the definition of “Qualified Mortgage,” which is the exception that is presumed to comply with the ATR requirements, be expanded by regulation, or is it already being expanded indirectly by changing GSE underwriting requirements? Can a non-conforming conventional loan easily fall within the definition of Qualified Mortgage, given the difficulty of using Appendix Q? Should assignee liability be limited, and does the Bureau have the authority to do that? Are the perceived risks of non-QM lending overblown, and how can a responsible lender determine in advance that its underwriting criteria may survive regulatory or judicial scrutiny?

Please note: this is an in-person event. Dial-in details are not available.

CLE credit is pending.

Wednesday, April 3, 2019
8:30 a.m. – 9:00 a.m. Registration & Breakfast
9:00 a.m. – 10:00 a.m. Program

Mayer Brown
214 North Tryon Street
Suite 3800
Charlotte, NC 28202
+1 704 444 3500

For additional information or to register, please contact Liz Whitley at or +1 202 263 3092.