Mortgage Bankers Association's Legal Issues and Regulatory Compliance Conference 2010
Jeffery Naimon and Christopher Witeck spoke at the Mortgage Bankers Association's Legal Issues and Regulatory Compliance Conference in Coronado, CA.
New attention from the Administration and Congress is focused on fair lending regulation and enforcement regarding not only loan origination but servicing and loan modifications as well. This expert panel guides you through these developments and the legal issues raised in this area under the Fair Housing Act, ECOA and other civil rights laws.
Mr. Naimon spoke on the Legal Issues Related to Servicing panel.
As increased numbers of borrowers have experienced payment difficulties, unprecedented legislative and regulatory attention has been fixed on servicing and loss mitigation efforts. The expert panel focused on a wide range of new legal issues concerning servicing, including servicer compliance with TILA disclosure requirements, TILA rescission and notice of transfer of loan ownership requirements, to name a few.
This authoritative panel provided an update on the current state of technological developments in the mortgage industry to help your company comply with legal and regulatory demands. It also explored the burgeoning eMortgage business and the current legal issues in this area which bear consideration as your company navigates this sea change.
Mr. Witeck spoke on the Hot Secondary Market Issues panel.
Changes to the secondary market system are fast becoming a high priority in Washington. This authoritative panel considers a range of proposals and also delves into current secondary market financing issues, including new proposed risk retention requirements, the present state of litigation and other actions regarding claims for loan buybacks.
Click here to find out more about this conference.