The MSRCG will hold its May Quarterly Meeting on May 21, 2013, at The Racquet Club of Memphis in the Large Ballroom located at 5111 Sanderlin Avenue, Memphis, Tennessee. Registration will begin at 9:00 a.m. with the meeting to begin at 9:30 a.m.
During the May meeting, we will discuss the question of originating Qualified Mortgages vs. simply complying with the Ability to Repay rule and the policies and procedures needed for both. Recent additional Guidance for small lenders issued by the CFPB will be covered, as will be each of the five (5) additional CFPB rules regarding servicing requirements, MLO compensation, new escrow and appraisal requirements, etc.
As always, the dress code for this occasion is casual, and lunch will be provided. We ask that you fax or e-mail your registration to Liz Crabtree no later than Thursday, May 16, 2013 so that arrangements for lunch can be finalized. We look forward to seeing you there.