COMPLIANCE CONVERSATIONS TRACK: Loan Originator Compensation (Closed to Media)

President, Franzen and Salzano, PC

Loretta Salzano founded the firm in 1997 to provide practical legal solutions to mortgage lenders. The firm takes pride in its unique ability to counsel clients on achieving their goals while navigating the complex tapestry of federal law and the laws of all 50 states. She focuses on fair lending, compensation, and RESPA. Salzano also prepares contracts (including warehouse and loan purchase agreements); troubleshoots to mitigate damages; and advocates with regulators. Among her many honors, she was named a Top Compliance Lawyer by Mortgage Compliance Magazine and serves as Legal Counsel to the Mortgage Bankers Association of Georgia.

Counsel, Orrick, Herrington & Sutcliffe, LLP

Steve vonBerg is Counsel in the Washington, D.C., office of Orrick and an MBA Certified Mortgage Banker (CMB). Combining his legal skills with insights gleaned from seven years in the mortgage industry as a loan officer and underwriter, he delivers practical, business-oriented advice on regulatory compliance matters to bank and nonbank mortgage lenders and mortgage servicers. Mr. vonBerg’s practice is focused on the full spectrum of federal mortgage lending laws, particularly those that have come out of the Consumer Financial Protection Bureau (CFPB), including the Loan Originator Compensation rule, the Ability-to-Repay and Qualified Mortgage (ATR/QM) rule, and RESPA Section 8.