KBRA Releases IMN Virtual Non-QM 2021 Recap

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a recap of the IMN Virtual Non-QM Forum 2021, which was held online on January 21, 2021. This is the second conference focused on the non-qualified mortgage (NQM) lending market. The conference occurred at a highly consequential time, as the Consumer Financial Protection Bureau (CFPB) issued its final rules with respect to the Qualified Mortgage (QM) Rule in December 2020 and the market is actively absorbing the implications of the new rule. Please see KBRA’s recent publication, The Price of Uncertainty: Final General QM Rule and Its Potential Credit Implications for our initial insights into the potential impacts resulting from changes to the rule. This recap addresses certain panel discussions conducted during the forum and provides a summary of those panels.

To view the report, click here.

About KBRA and KBRA Europe

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe is located at 6-8 College Green, Dublin 2, Ireland.