The government crackdown on mortgage servicing operations is increasing the pressure with regard to processes, paperwork, and communications with borrowers. In response, American Conference Institute’s 2nd Bank & Non-Bank Forum on MORTGAGE SERVICING COMPLIANCE will keep you one step ahead of the new regulatory scrutiny. In addition to unparalleled networking opportunities, this conference will provide attendees with the latest insights and expert advice from our exceptional faculty including on:
Federal and State Government Roundtable on the Current State of the Mortgage Servicing Industry, Regulatory and Enforcement Priorities at Both the National and State Levels, How to Ensure Compliance in a Multi-Agency Environment and How to Best Prepare for the Second Half of 2014
Best Practices and Procedures for Complying with CFPB Loss Mitigation, Loan Modification and Error Resolution Requirements; and Navigating the Inconsistencies Amongst the CFPB Rules, HAMP Guidelines and State-Level Initiatives Regarding Loss Mitigation
Meeting the Operational Demands Associated With Increased CFPB Supervision of Loan Servicing Transfers
Right-Sizing Your Servicing Operations for the “New-Normal” – Implementing the Most Effective Enterprise-Wide Compliance System for Your Company and Best Methods of Testing the Procedures, Practices and Policies You
Have In Place
Lender Placed Insurance: Managing Regulatory Risk and Factoring in Recent LPI Class Actions
TILA, RESPA and ECOA Update in the Mortgage Servicing Context
The Present and Future of GSEs and Examining Industry-Wide Servicing Data Standards for GSE Loans Under the Uniform Mortgage Servicing Dataset
Avoiding UDAAP Claims and Claims of Discriminatory Practices/Disparate Impact in Context of Mortgage Servicing
When is a Residential Mortgage Loan Servicer Considered a Debt-Collector and Thus Potentially Subject to Liability for Violations of the FDCPA?
Navigating the Foreclosure and REO Process: The Latest Servicer-Related Issues and Challenges in Title Resolution
and Property Dispositions
Managing Third-Party Risk and Compliance
Ensuring Compliance with Servicing Requirements, Standards & Protections Under SCRA (Servicemembers’ Civil Rights Act)
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.