American Conference Institute is pleased to announce its 14th National Forum on Residential Mortgage Litigation & Regulatory Enforcement. This year’s Washington DC event, co-chaired by Andrew Stutzman at Stradley Ronon Stevens & Young and Frank Hirsch at Alston & Bird, has been revamped to provide attendees with up-to-the-minute insights and strategies that are necessary to defend against these new claims and adapt to the evolving enforcement and regulatory landscape. Our unparalleled faculty of federal and state government officials, judges, expert in-house counsel, and leading outside counsel will provide you with strategic advice, critical insights, and comprehensive updates for:
CFPB oversight: Post-January 10 developments, new and emerging regulatory priorities, lessons learned from recent enforcement actions, broad UDAAP standards being applied by the Bureau and what to expect going forward
An in-depth focus on UDAAP concerns in the residential mortgage landscape
Front line regulatory and enforcement insights by key governing bodies in the mortgage industry: federal and state agencies and attorneys eneral speak out on recent key developments and how to prepare for examinations and supervision in a multi-agency environment
The evolving fair lending landscape: responding to game changing ‘disparate impact’ claims, fair lending violations as a basis for buyback and indemnification, HMDA data nuances, and how to defend against claims of discriminatory lending including mortgage pricing and product selection, redlining, loan amount, REO, disability, reverse discrimination, maternity leave, LGBT, and beyond
The mortgage industry is leveraging technology like never before, streamlining processes across the spectrum of lending, servicing, investing and real estate. The combination of regulatory pressure and consumer expectations have set a high standard for efficiency and transparency, requiring a significant investment of time, money and talent to hit the right notes for both.
Ironically, the monkey on the mortgage industry’s back for the past 10 years — increasing regulation — is the very thing that forced companies to find efficiencies in every part of the process, which serves them well as they look to engage tech-savvy consumers. Even as the enforcement of some of those regulations is now in question, the long-lasting benefits of investing in automation will stand.
Mortgage banks have traditionally been slow to embrace new technologies, and while the technology that has improved efficiency, security and customer experience in a multitude of other industries (transportation, education and retail, to name a few) is finding its way into the loan production process, a lot of opportunity still exists in other stages of the mortgage life cycle.