Schedule

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Schedule subject to change.

Note: Meeting rooms may change, so please refer to the on-site program for final locations.

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Sunday, April 29, 2018

  • APPLIED COMPLIANCE TRACK: UDAAP Analysis

    Location: Platinum Ballroom F,
    Conference Center Level 2


    Speaker(s)

    Michael S. Waldron, Chief Compliance Officer, Bayview Loan Servicing, LLC

    Francis X. (Trip) Riley, III, Partner, Saul Ewing LLP

    Ori Lev, Partner, Mayer Brown, LLP

    Reid Herlihy, Partner, Ballard Spahr LLP

    Breakout Session,

    Applied Compliance Track

    UDAAP is one of the trickiest areas of compliance as the rules are often unclear or can be interpreted in different ways through different lenses.  This interactive panel will walk through different factual scenarios and discuss the UDAAP analysis that regulators would go through.

    Speaker(s)

    Michael S. Waldron, Chief Compliance Officer, Bayview Loan Servicing, LLC

    Michael S. Waldron is the Chief Compliance Officer of Bayview Loan Servicing where he is responsible for the Compliance and Oversight Department’s management, leadership and direction as well as the company’s overall compliance strategy. Prior to joining Bayview, Michael was Practice Leader of Ballard Spahr’s nationally recognized Mortgage Banking Group. With over 20 years servicing the industry in a wide variety of legal and compliance-related functions, Michael is known for his ability to navigate the regulatory landscape and build relationships that add value to those with whom he works.

    Francis X. (Trip) Riley, III, Partner, Saul Ewing LLP

    Francis X. "Trip" Riley, III is a partner in the Litigation Department at Saul Ewing LLP and co-chair of the Consumer Financial Services Practice. He concentrates his practice on complex commercial litigation matters, focusing primarily on business torts and breach of contract in the context of commercial and consumer financing and B2B transactions. Mr. Riley represents and counsels real estate settlement services industry clients and real estate brokers and title insurance underwriters and agents in litigation, regulatory and business matters. He advises clients on issues related to Dodd Frank Act and regulations promulgated there under RESPA, TILA, HOEPA, Fair Foreclosure Acts, and UDAP claims; insurance rate issues, and other statutory and common law consumer complaints.

    Ori Lev, Partner, Mayer Brown, LLP


    Ori Lev is a partner in Mayer Brown’s Washington DC office and a member of the Financial Services Regulatory & Enforcement practice and the Consumer Financial Services group. He concentrates his practice on representing financial institutions and other companies in government enforcement matters, internal investigations, and litigation, and providing regulatory advice and counsel on federal consumer financial and economic sanctions law. Ori has an extensive regulatory enforcement background, both at the Consumer Financial Protection Bureau (CFPB), where he served as a deputy enforcement director, and at the Office of Foreign Assets Control (OFAC), where he led the Office of Enforcement and served in other leadership positions. He also has substantial litigation experience.  In the consumer-finance space, Ori has worked on matters involving a wide range of legal issues and industries. His matters have included alleged unfair, deceptive and abusive acts or practices (UDAAP), as well as alleged violations of the Real Estate Settlement Procedures Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, the Electronic Fund Transfer Act and the Truth in Lending Act. These matters have involved mortgage, auto and student loan origination and servicing, as well as payment processing, credit reporting and furnishing, debt collection and debt relief. He regularly represents clients in CFPB investigations, helps clients prepare responses to CFPB PARR letters, assists clients in preparing self-disclosures and advises clients on UDAAP and other regulatory risks. He also provides advice regarding the CFPB’s jurisdiction, authority, priorities and practices.  With respect to economic sanctions, Ori has led internal investigations, helped draft license applications and self-disclosures to OFAC, and has provided advice and counsel on the applicability of OFAC regulations to a wide range of business conduct.  Prior to entering private practice, Ori was a founding member of the CFPB, where he served as a deputy enforcement director for litigation. In that capacity, he was part of the CFPB’s enforcement leadership team, supervised a team of 20 enforcement attorneys and oversaw enforcement matters from inception through investigation, settlement and litigation. Ori was also one of the principal drafters of the CFPB’s Rules of Practice for Adjudication Proceedings, which govern the agency’s handling of administrative enforcement actions.  Before joining the CFPB, Ori served as a senior advisor and then as the head of enforcement at OFAC, where he was involved in OFAC’s early dollar-clearing and wire-stripping cases, oversaw and reorganized OFAC’s enforcement function and participated in major policy decisions and initiatives. He was also the principal drafter of OFAC’s Economic Sanctions Enforcement Guidelines, which set forth the framework for resolving OFAC enforcement actions.  Ori also served as a litigator at the US Department of Justice and the Federal Trade Commission.

    Reid Herlihy, Partner, Ballard Spahr LLP

    Reid F. Herlihy a Partner at Ballard Spahr LLP provides regulatory and transactional advice for clients on a range of issues involving state and federal consumer finance laws. Mr. Herlihy counsels mortgage companies, servicers, consumer finance companies, financial institutions, investment banks, debt collectors, and secondary-market investors on state and federal regulatory compliance issues.  Mr. Herlihy regularly counsels clients on issues regarding the CFPB's Mortgage Servicing Rules, advertising, fair debt collection, lending and servicing disclosures, loss mitigation, foreclosure procedures, and business practices. He also assists clients with state and federal examination issues and regulatory actions.  Mr. Herlihy is author of the "Fair Debt Collection Practices Act" chapter of Mortgage Finance Regulation Answer Book 2011-2012, published by the Practising Law Institute.