Tag: Qualified Mortgage
OpenClose Implements Qualified Mortgage and Ability-to-Replay Rules, and client base is successfully processing QM loans
PALM BEACH, Fla. /eNewsChannels/ -- NEWS: OpenClose, an enterprise-class end-to-end loan origination system provider, today announced that is has implemented the functionality necessary for lenders to adhere to the Consumer Financial Protection Bureau's new Qualified Mortgage (QM) and Ability-to-Replay rules. The company's client base is successfully processing QM loans.
