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
Build to rent allows investors to buy newly built homes and rent them out instead of selling them. Because the homes are new, investors are able to charge higher rent prices and tenants often stay in the home for longer periods of time. But the question remains: Why would builders move into the rental market during a time when homes are selling quickly and at higher prices than any time in the past decade?
Today the average student debt resulting from a four-year degree stands at $30,000. According to a report released by American Student Assistance in 2015, 71% of non-homeowners surveyed who carry student debt say the burden of monthly payments has kept them from purchasing a home. More than half of those say their student debt loads will likely prevent home ownership for another five years.
Currently, institutional investors control approximately 170,000 properties (a relatively small portion of the overall SFR space, which is dominated by smaller investors, and estimated to include 11 to 13 million properties). KBRA reports that 105,000 properties have been included in the 26 single-borrower deals done to date, which suggests there are somewhere north of 60,000 properties that could still be securitized.