Come discover a road map of the legal issues in the mortgage industry. As the mortgage industry has continued to undergo unprecedented changes in the regulatory landscape over the last few years, the new administration will certainly bring additional changes that the industry will have to adjust to. While the CFPB may step back from its role as top enforcer in the industry, other state regulators have said they will step in to take the CFPB’s place. This talk will focus on the interplay of federal and state regulation and what banks and mortgage lenders can expect in 2017 and beyond.
Don't miss this opportunity to network and visit with our exhibitors!
Be sure to make dinner reservations before you arrive this evening. Raleigh restaurants stay busy during the week. Click here to explore dining options in downtown Raleigh!
Mortgage servicing issues continue to be a focal point with both regulators and consumer protection groups. In August, the CFPB modified the Mortgage Servicing Rules expanding consumer protection. Meanwhile, mortgage servicing litigation continues to be a common foreclosure relief strategy and is increasing in frequency.
Join us for a conversation about Mortgage Servicing and the current state of the industry, including:
• What steps mortgage lenders should take to prepare for the rule modifications prior to their effective date?
• What steps mortgage lenders should take to protect themselves from litigation arising from Qualified Written Requests, loss mitigation and other violations of the Mortgage Servicing Rules?
eNotes & the Coming Digital Mortgage Revolution - a Deep Dive
With consumer mortgage production costs doubling in the last 10 years, with home-ownership at a 50+ year low, and with a changing interest rate environment, what does the consumer mortgage space look like in the next 10 years? Do you have a millennial strategy? Hear a discussion about the coming digital mortgage / eClosing revolution. Learn about eNotes, eVaults, and other elements of the digital mortgage, and its impact on originators, servicers, warehouse lenders, settlement providers, and more.
Join us for cocktails and hors d'oeuvres while visiting with our exhibitors in the marketplace.
The CFPB’s 2014 consent order in Lighthouse Title began a regulatory compliance battle over the meaning of an otherwise obscure section of the Real Estate Settlement Procedures Act (RESPA Section 8(c)(2)) that continues to this day. The downward spiral has left PHH Corporation fighting it out with the CFPB in the Court of Appeals for the DC Circuit. Meanwhile, the CFPB continues to explore new territory (e.g., lead agreements and third-party website advertisements) in its very recent consent orders with Prospect Mortgage LLC; Re/Max Gold Coast Realtors; Keller Williams Mid-Willamette; and Planet Home Lending, LLC.
Using this very recent history as guideposts, this session will address such hot-button questions as:
• Does anyone really know how to interpret the RESPA referral fee prohibition?
• Is there such a thing as a compliant marketing agreement?
• How does an institution recognize potentially fatal flaws in the execution and implementation of marketing contracts?
• How does an institution counteract the competitive disadvantage experienced when its competitors don’t follow the rules?
Cvent Online Event Registration Software | Copyright © 2000-2017 Cvent, Inc. All rights reserved.