For regulators only.

(Conference registration not required for this session.)  The NMLS Ombudsman Meeting is an opportunity for any NMLS user to raise issues concerning NMLS or state mortgage regulation. For more information about the NMLS Ombudsman, please visit the NMLS Ombudsman section of the NMLS Resource Center.  Click here for the Ombudsman agenda and materials.

Hear from top leadership within CFPB as to the direction they are taking on the supervisory and nondepository financial services.

Peggy Twohig
Assistant Director, Nondepository Supervision
Consumer Financial Protection Bureau

2011 was a big year for NMLS, with the completion of SAFE Act requirements and the introduction of the NMLS Mortgage Call Report. 2012 will be even bigger, with significant changes to the MU Forms that will affect all companies, Control Persons, branches, and MLOs. The new year will also bring the introduction of financial services licensing on NMLS beyond the mortgage industry and the inclusion of enforcement actions on NMLS Consumer Access. This session will keep you on top of the important changes that will affect your organization.

Deborah Bortner (moderator)
Director, Non-Depository Division
Washington Department of Financial Institutions

David Cotney (click here for presentation PDF)
Commissioner
Massachusetts Division of Banking

Greg Oaks (click here for presentation PDF)
Bureau Chief
Florida Office of Financial Regulation

As of July 21, 2011, the federal MLO registration regulations and operations of the NMLS Federal Registry were transferred to the Consumer Financial Protection Bureau (CFPB). Hear directly from CFPB staff concerning operational and policy issues that have arisen. Also learn how the SAFE mandates concerning the posting of regulatory actions on the NMLS Federal Registry will be fulfilled.  Click here for presentation PDF.

Kevin Finnerty (Moderator)
Director, CSBS

Allison Brown
Program Manager, Mortgage Supervision
Consumer Financial Protection Bureau

The NMLS Mortgage Call Report launched successfully and is already producing data that is of interest to both regulators and the industry. This session will review some of that data and provide both regulators and industry with updates that will help compliance and gain an understanding as to how the data is being used. The session will also preview the proposed changes to the call report based on regulator and industry input. Click here for session presentation PDF.

Tim Lange (Moderator)
Senior Director, CSBS

Rich Cortes
Principal Financial Examiner
Connecticut Department of Banking

John Haring
Compliance Enablement Manager
Ellie Mae

New to NMLS? This session will provide attendees who hold state licenses in financial services industries outside of mortgage an opportunity to learn the system layout, functionality, and resources available to make license compliance easier.

Mike Lynch
Assistant Director, FINRA

Call Center Representative

Big changes are being proposed to MLO SAFE Act testing:  state regulators are working towards a Uniform State Component of the MLO SAFE Act Test.  Discover what this means for your company or agency and hear about other important changes underway in how MLOs are tested and educated in compliance with state law.  Click here for session presentation PDF.

Pete Marks (moderator)
Vice President, CSBS

Rich Madison
Senior Director, CSBS

Doug Foster
Commissioner
Texas Department of Savings & Mortgage Lending

Over 370,000 individuals were fingerprinted and federally registered as mortgage loan originators in just six months in 2011. This was a tremendous feat, but now it's time to reconsider processes and learn how to improve the NMLS Federal Registration process and better incorporate it into bank hiring practices. Bring your questions and your ideas to this session.  Click here for presentation PDF.

Vickie Slater (moderator)
Vice President, CSBS

Kevin Finnerty
Director, CSBS

Cheryl Ritchie
Vice President, Licensing & Registration Manager
BBVA Compass Bank

Cecilia Grant
Assistant Vice President, Training
Provident Savings Bank

As we enter year three of implementing the testing and education requirements of the SAFE Act, MLOs are beginning to voice a desire for new CE course topics and a better learning experience. This session, with a mix of industry and course providers, will focus on understanding what the industry wants and on how course providers can design and deliver highly interactive courses that MLOs will find interesting and beneficial to their work - and still meet regulatory requirements.  Click here for session presentation PDF.

Pete Marks (moderator)
Vice President, CSBS

Rich Madison
Senior Director, CSBS

Ken Perry
Broker Knowledge Group

As of July 21, 2011, the Consumer Financial Protection Bureau (CFPB) took over the responsibilities that include oversight of state licensing, NMLS, and the rules implementing the SAFE Act. Dialogue directly with CFPB staff managing these responsibilities to discuss issues of interpretation and implementation.

Mary Pfaff (moderator)
Senior Director, CSBS

Allison Brown (click here for presentation PDF)
Program Manager, Mortgage Supervision
Consumer Financial Protection Bureau

Deborah Bortner (click here for presentation PDF)
Director, Non-Depository Division
Washington Department of Financial Institutions

Haydn Richards (click here for presentation PDF)
Senior Counsel, Dykema

The federal banking agencies’ final rule requires federal institutions to have policies and procedures in place to ensure third parties are properly licensed and/or registered. This panel will discuss best practices institutions can consider to efficiently and effectively fulfill this requirement.  Click here for presentation PDF.

Kevin Finnerty (moderator)
Director, CSBS

Victoria Pawelski
Supervisory Policy, Division of Depositor & Consumer Protection
Federal Deposit Insurance Corporation

Regina Metz
Staff Attorney, Office of General Counsel
National Credit Union Administration

Learn the standards that state and federal regulators and private institutions are using in hiring qualified MLOs. Understand the obligations you’re under in employing licensed or registered MLOs and avoid violating relevant state and/or federal laws.

Kevin Finnerty (moderator)
Director, CSBS

Thomas F. Lyons (click here for presentation PDF)
Acting Chief, Federal Deposit Insurance Corporation
Division of Risk Management Supervision

Mario Ramirez (click here for presentation PDF)
Investigator
Texas Department of Savings & Mortgage Lending

Richard S. Cohen
Partner, Jackson Lewis LLP

Changing your corporate or branch locations?  Considering a change in your corporate structure or change in control?  These changes to your license information may only be submitted through NMLS on or after the change has taken place but most states require a "heads-up" before making the change.  Learn how to meet these requirements today and how the system is going to be modified to accommodate these filings in the future.

Tim Lange (moderator)
Senior Director, CSBS

Amy Greenwood-Field (click here for presentation PDF)
Review Examiner
Nebraska Department of Banking & Finance

Costas (Gus) Avrakotos (click here for presentation PDF)
Partner, K&L Gates

Ability to Repay, QM, and QRM all affect your company. Consideration and verification of ability to repay underwriting criteria will be a central concern for all creditors who do not want to test the foreclosure defense provisions of Dodd-Frank. Similarly, internal supervisory controls will take center stage for the certification requirements of QRMs. Preceding these issues, however, are Loan Officer Compensation and TILA/RESPA disclosure conflicts presenting very real challenges for both institution compliance and examiner review. This panel will discuss where disclosure conflicts lie between the HUD and the TIL and why those very conflicts create uncertainty with LO Compensation.  Materials for download:  CSBS Ability to Repay Comment Letter, CSBS Risk Retention Comment Letter.

Chuck Cross (moderator) (click here for presentation PDF)
Senior Vice President, CSBS

Matthew Lambert
Policy Counsel, CSBS

Anne Norton
Deputy Commissioner, Maryland Office of Financial Regulation

Allison Brown
Program Manager, Mortgage Supervision
Consumer Financial Protection Bureau

Donald C. Lampe
Dykema

Learn the standards that state and federal regulators and private institutions are using in hiring qualified MLOs. Understand the obligations you’re under in employing licensed or registered MLOs and avoid violating relevant state and/or federal laws.

Kevin Finnerty (moderator)
Director, CSBS

Thomas F. Lyons (click here for presentation PDF)
Acting Chief, Federal Deposit Insurance Corporation
Division of Risk Management Supervision

Mario Ramirez (click here for presentation PDF)
Investigator
Texas Department of Savings & Mortgage Lending

Richard S. Cohen
Partner, Jackson Lewis LLP

Changing your corporate or branch locations?  Considering a change in your corporate structure or change in control?  These changes to your license information may only be submitted through NMLS on or after the change has taken place but most states require a "heads-up" before making the change.  Learn how to meet these requirements today and how the system is going to be modified to accommodate these filings in the future.

Tim Lange (moderator)
Senior Director, CSBS

Amy Greenwood-Field (click here for presentation PDF)
Review Examiner
Nebraska Department of Banking & Finance

Costas (Gus) Avrakotos (click here for presentation PDF)
Partner, K&L Gates

Ability to Repay, QM, and QRM all affect your company. Consideration and verification of ability to repay underwriting criteria will be a central concern for all creditors who do not want to test the foreclosure defense provisions of Dodd-Frank. Similarly, internal supervisory controls will take center stage for the certification requirements of QRMs. Preceding these issues, however, are Loan Officer Compensation and TILA/RESPA disclosure conflicts presenting very real challenges for both institution compliance and examiner review. This panel will discuss where disclosure conflicts lie between the HUD and the TIL and why those very conflicts create uncertainty with LO Compensation.  Materials for download:  CSBS Ability to Repay Comment Letter, CSBS Risk Retention Comment Letter.

Chuck Cross (moderator) (click here for presentation PDF)
Senior Vice President, CSBS

Matthew Lambert
Policy Counsel, CSBS

Anne Norton
Deputy Commissioner, Maryland Office of Financial Regulation

Peter Carroll
Acting Assistant Director, Mortgage Markets
Consumer Financial Protection Bureau

Donald C. Lampe
Dykema

Mortgage Market and Economic Outlook - 2012

Buffet lunch with each State and Federal Regulator will have their own table. An extended dessert and coffee period will allow participants to visit with as many of their regulators as they wish.

Doug Duncan (click here for presentation PDF)
Vice President & Chief Economist, Fannie Mae

The broad scope of the SAFE Act impacts not only the traditional mortgage lenders, broker, and depository institutions, but also other industries engaged in related activities such as processing and underwriting. Industry leaders provide their uncensored views on NMLS, the SAFE Act, challenges, for compliance, the impact of regulation and the future of their business in this free-ranging session of comments and predictions.

Tim Doyle (moderator)
Senior Vice President, CSBS

H. Burton Embry (click here for presentation PDF)
Vice President
Primary Residential Mortgage, Inc.

Rod Alba (click here for presentation PDF)
Vice President, Mortgage Finance &
Senior Regulatory Counsel
American Bankers Association

David Dodd (click here for presentation PDF)
Vice President & Associate General Counsel
Genworth Mortgage Insurance Corporation

FHA is an important part of the market and is undergoing changes that will affect your organization and homebuyers across your state.  Click here here for session presentation PDF.

Tim Doyle (moderator)
Senior Vice President, CSBS

Karin Hill
Director
Department of Housing and Urban Development

Richard G. Toma
Deputy Director, Office of Lender Activities and Program Compliance
Federal Housing Administration

The SAFE Examination Guidelines for state nondepository examiners is a tool designed for both state regulators and industry to monitor compliance with the federal SAFE Act, state licensing law and NMLS requirements. Learn about these NEW guidelines and how they will be implemented in the field by the Multistate Mortgage Committee (MMC). But we don't stop there. Representatives of the MMC will be on hand to discuss examinations and enforcement actions of 2011 and the multistate examination focus and schedule for 2012.  Click here to view session materials; click here to view presentation PDF.

Chuck Cross (moderator)
Senior Vice President, CSBS

Kirsten Anderson
Program Manager
Oregon Division of Finance & Corporate Securities

Brad Fleck
Consumer Licensing Investigator
North Dakota Department of Financial Institutions

Scott D. Samlin
Partner
SNR Denton US LLP

Both industry and regulator users of NMLS need to know about surety bonds in order to comply with state and federal law and make them an effective tool for oversight. This informative session will target the surety bond requirements of state licensing including underwriting considerations, risk mitigation, and claim resolution to better educate compliance officers managing mortgage companies and regulators.

Mary Pfaff (moderator)
Senior Director, CSBS

Corban Enns (click here for presentation PDF)
President, Surety Solutions LLC

Kara Harmala
Senior Executive Surety Underwriter
Hartford Bond

In this working session, NMLS Approved Education providers and prospective providers will be able to dialogue directly with SRR staff to discuss issues, troubleshoot problems, and plan for the future of mortgage education.  Click here for session presentation PDF.

Pete Marks
Vice President, CSBS

Rich Madison
Senior Director, CSBS

Designed for regulator-users of NMLS, participants will learn how the changes being made to the forms and system navigation will affect them. All regulators are encouraged to attend. We will also discuss how regulators can best manage their agency documents on the document worksite during this session.

Vickie Slater
Vice President, CSBS

Sharon Hughes
Senior Manager, CSBS

Designed for industry users of NMLS, participants will learn how the changes being made to the forms and system navigation will affect them. All company users are encouraged to attend.  Training materials:  Industry Training Presentation, NMLS Expansion Summary, Company Filing Summary of Changes (MU1), Branch Filing Summary of Changes (MU3), Individual Filing Summary of Changes (MU4).

Mike Lynch
Assistant Director, FINRA