LLTA’s Annual Convention is where title insurance underwriters, lending institutions, affiliated businesses, compliance consultants, abstracters, law firms, and title agents come together to network and build relationships with their colleagues and participate
in a comprehensive accredited educational program focused on the OCC & CFPB's 3rd party vendor management requirements, QM/QRM, new RESPA/TILA Disclosure forms, business development under Dodd-Frank, government regulations and technology trends. In addition to phenomenal educational presentations, attendees can shop exhibits for products, services, and technology solutions that are essential to their business operations.
This year’s theme is “It’s A New Ball Game.”
In the aftermath of the financial crisis, low interest rates and strict capital requirements combined to make servicing a losing proposition for many banks. The sharp glare of regulators didn’t help either, as banks and nonbanks navigated the already thankless waters of servicing with a new target on their backs. But all that changed abruptly in the fourth quarter of 2016 with the one-two punch of a Trump win and a rate hike by the Federal Reserve.
Singling out the law that created the CFPB generated a backlash from Congressional Democrats, but it remains to be seen what Democrats can do to stop the Trump juggernaut. See what Mike Jones of Navigant advises servicers to do in this uncertain environment.
Portfolio managers and investors also have a vested interest in the expansion of the non-QM market. They have an appetite for non-QM assets as they represent an attractive yield opportunity. That’s why we’re seeing more “hold” strategies at work with current non-QM production.