Legal Blog

Compensation and Compliance Matters: The Most Important Thing About Originating Non-QM Loans

What’s the most important thing about originating non-QM loans? Getting a third-party opinion. Simply put, it is what lenders always ask for — an opinion of a lawyer or accountant who opines on the legality or accuracy of some particular aspect of business operations. By obtaining such a letter, a business demonstrates that it intended to comply with the law and sought the assistance of the appropriate expertise. Click here to view the entire article click here. If you have any questions about please contact Ari Karen at: Bank Manager  | 240.507.1740 Ari Karen is an experienced litigator and speaker who has focused his practice in representing financial institutions in both government investigations and litigation before state and federal trial and appellate courts nationwide. Mr. Karen’s practice is diverse, representing clients on matters concerning banking regulations, Dodd Frank financial reform laws, contractual disputes, employment and labor statutes, wage-hour class actions, employment discrimination and fair lending matters, whistleblower complaints and non-competition claims, among others. You can also connect with Offit Kurman via FacebookTwitterGoogle+YouTube, and LinkedIn.