---
title: Online Bankers Training - NEW Qualified Mortgage (QM) Rules!
description: NEW Qualified Mortgage (QM) Rules! These Rules finalize the requirements for both the General QM and Seasoned QM-
---

[Banker's Compliance Consulting Blog ](https://blog.bankerscompliance.com/en)

# [Online Bankers Training - NEW Qualified Mortgage (QM) Rules!](https://blog.bankerscompliance.com/en/new-qualified-mortgage-rules)

 Written by [Jerod Moyer](https://blog.bankerscompliance.com/en/author/jerod-moyer) | Dec 14, 2020 10:35:56 AM

 

 

#### Christmas has come a few weeks early!

 

The CFPB has sent us a little Christmas cheer in the form of not one but two Final Rules related to [Qualified Mortgages (QM)](https://www.bankerscompliance.com/?s=Qualified+Mortgages). These Rules [finalize the requirements](https://www.consumerfinance.gov/rules-policy/final-rules/qualified-mortgage-definition-under-truth-lending-act-regulation-z-general-qm-loan-definition/) for both the General QM and Seasoned QM, which were proposed earlier this year. The mandatory compliance date is July 1, 2021, so you’re not going to sit around and wait too long.

 

**Click on the video to listen to Jerod explain more.**

 

 

Published  
2020/12/14

[View full post](https://blog.bankerscompliance.com/en/new-qualified-mortgage-rules)

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