Offit Kurman financial compliance attorney Ari Karen maintains a weekly blog, “Compensation and Compliance Matters,” on the National Mortgage News website. In one of his most recent posts, “Non-Qualified Mortgage Loans Interest Ramping Up,” Mr. Karen discusses the need for lenders to institute “proper policies and procedures and ensuring that their overall compliance infrastructure is sufficient.” This will help lenders who deal with Non-Qualified Mortgage Loans significantly increase their likelihood of success and diminish litigation risks.
Mr. Karen suggests “compliance systems that exceed the minimum requirements.” He believes that “this interest will only increase as lenders develop practices to diminish the risks between non-QM and QM loans.”
Click Here to read Mr. Karen’s full article on the National Mortgage News website.
If you have questions about Non-Qualified Mortgage Loans, please contact Mr. Karen, a principal of Offit Kurman in the firm’s Labor and Employment practice group, at email@example.com. Mr. Karen is also the Founder and Director of C3 Compliance Consultants, Offit Kurman’s subsidiary mortgage compliance consulting business.
Offit Kurman Financial Compliance Practice Group
The attorneys in our Financial Compliance Practice Group offer legal representation and counseling for commercial and corporate transactions, regulatory compliance, government enforcement, public policy and governmental affairs and litigation and arbitration. We continuously monitor legal developments, publish articles and participate in industry and bar association groups on consumer finance issues. In addition, we are active members of various national and local organizations involved in the consumer financial services industry.
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