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)
About a week before the November 2016 election, the U.S. Treasury market started to move lower. The cause of this increase in yield on the benchmark 10-year bond was not fear of an interest rate hike by the Federal Open Market Committee or the specter of higher inflation. No, the outlier event that shook the financial world out of years of torpor was a commercial real estate developer named Donald John Trump.
Fannie Mae’s National Housing Survey found that 37% of senior homeowners felt concern for their finances during retirement, yet only 6% of seniors are interested in utilizing home equity as a financial solution. With $6.2 trillion in home equity to bolster retirement income, why aren’t more senior homeowners taking advantage of products like reverse mortgages?
The time has come for internal workflows to be reimagined or all we’ll end up with is a shiny new chassis with a traditional, manual, cobbled-together process under the hood. I’m talking about the elements that make or break a mortgage transaction, such as valuations, investor requirements and reviews, compliance, surprises at the closing table, paper-based payment systems, onboarding, and the list goes on and on.