Regulatory Compliance Conference 2016

Schedule

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

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Sunday, September 18, 2016

  • Registration

    Location: Independence Foyer

  • COMPLIANCE ESSENTIALS - Regulatory Framework for Mortgages I

    Location: Independence E


    Speaker(s)

    Michael Y. Kieval , Partner , Weiner Brodsky Kider PC

    Kris Kully , Partner , Mayer Brown LLP

    Raymond Callahan , Chief Ethics and Compliance Officer , Prospect Mortgage, LLC

    Joshua Weinberg , Executive Vice President, Compliance , First Choice Loan Services Inc.

    Concurrent Session

    Read more Read less

    For those new to mortgage regulation or those seeking an overview, this session provides a survey of the regulatory framework for mortgages including the key requirements of the Dodd-Frank Title XIV rules, RESPA, TILA, FCRA and more.

    Speaker(s)

    Michael Y. Kieval , Partner , Weiner Brodsky Kider PC

    Michael Y. Kieval is a Partner at financial services boutique Weiner Brodsky Kider PC, in Washington, DC, and represents companies in the financial services and mortgage industries nationwide in state and federal litigation and government investigations, including CFPB examinations and enforcement actions. In addition to providing regulatory compliance advice to clients large and small, Michael’s practice includes general business and commercial litigation and defending consumer class actions, suits under state consumer protection statutes, and claims under federal statutes, including the Fair Housing Act, False Claims Act, ECOA, RESPA and TILA. Michael regularly speaks to industry audiences about mortgage regulations and compliance, the CFPB, and litigation trends. Michael is also co-author of the book Consumer Protection and Mortgage Regulation under Dodd-Frank, published by West.

    Kris Kully , Partner , Mayer Brown LLP

    Kris Kully is a partner in Mayer Brown’s Washington DC office and a member of the Consumer Financial Services group. She concentrates her practice on federal and state regulatory compliance matters affecting providers of consumer financial products and services. Her practice includes advising clients on compliance with consumer protection and other requirements facing mortgage and consumer lenders, brokers, servicers, and investors, as well as other participants in the real estate finance and consumer credit industries. For example, she helps clients understand their obligations under all the authorities of the Consumer Financial Protection Bureau, including the federal Truth-in-Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), the Equal Credit Opportunity Act (ECOA), the Home Mortgage Disclosure Act (HMDA), Secure and Fair Enforcement for Mortgage Licensing Act (SAFE), the Consumer Leasing Act, the Gramm-Leach-Bliley Act, and the Fair Debt Collections Practices Act (FDCPA), as well as similar state laws. She advises clients in connection with originating, purchasing, and servicing all types of consumer finance products, including residential mortgage loans, consumer loans, credit cards, lease agreements and deposits. She also participates in regulatory compliance due diligence activities.

    Raymond Callahan , Chief Ethics and Compliance Officer , Prospect Mortgage, LLC

    Ray Callahan serves as Chief Ethics and Compliance Officer for Prospect Mortgage. Ray’s responsibilities include developing, implementing and administering all aspects of Prospect’s compliance management system. He advises the Board of Directors, Executive Management and Company personnel on emerging compliance issues as well as consulting and guiding Prospect in the establishment of controls mitigating Compliance risk. Ray is also one of Prospect’s co-AML officers. Ray has over forty years’ mortgage banking expertise in retail, wholesale, correspondent mortgage lending and loan servicing. Ray has held several senior management positions in regulatory compliance, quality control, operational risk oversight, fraud mitigation and policy administration.

    Joshua Weinberg , Executive Vice President, Compliance , First Choice Loan Services Inc.

    Joshua Weinberg is currently Executive Vice President of Compliance for First Choice Loan Services Inc., a wholly owned subsidiary of a State Chartered and FDIC insured Depository institution. He is a nationally recognized speaker, author, consultant, and leader in mortgage lending; specializing in integrating compliance and technology. He works closely with Federal and State Regulators including the CFPB, FDIC, CSBS/AARMR, and the HUD/FHA and participates with many industry associations. He is the Chair of MBA’s Regulatory Compliance Committee, Vice Chairman of the Board of Directors for MISMO, a member of the Registered Institutions Working Group for the NMLS, a member of ABA’s Residential Markets Committee, and an Advisory Board Member and Compliance Expert for Mortgage Compliance Magazine. Weinberg also consults privately for mortgage lenders and some of the top mortgage technology vendors in the country. Previously he worked for a major LOS vendor where he was in charge of Compliance, Government Loan programs and Reverse Mortgages. He has worked in retail banking environments and also worked independently as the owner of a mortgage broker company.

  • HMDA WORKSHOP - Overview of the Rule and Foundational Issues

    Location: Independence A


    Speaker(s)

    Michael Flynn , Partner , Goodwin Procter, LLP

    Anna Pane , Senior Counsel , Wells Fargo Home Mortgage

    Sheila Lee , Mortgage Specialist, Mortgage Markets Research, Markets & Regulations , Consumer Financial Protection Bureau (CFPB)

    Elena Babinecz , Senior Counsel, Office of Regulations , Consumer Financial Protection Bureau (CFPB)

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    Concurrent Session

    Read more Read less

    This session kicks off a four-part workshop which examines the requirements and challenges of the new Home Mortgage Disclosure Act (HMDA) Rule. Part I will focus on the Rule’s coverage, effective dates, transactions to be reported and begin discussion of the new data elements.

    Speaker(s)

    Michael Flynn , Partner , Goodwin Procter, LLP

    Michael Flynn is a partner in Goodwin Procter LLP’s Consumer Financial Services, Banking, and FinTech practices, where he utilizes his experience in senior positions in the federal governmental and consumer financial services companies to advise clients on mortgage, consumer financial services and banking regulatory and operational matters.  In his career, he has served as the Acting General Counsel of the U.S. Department of Housing and Urban Development, and as General Counsel of Flagstar Bank, where Compliance also reported to him, and as General Counsel of PNC Mortgage.  He has extensive background in dealing with regulators, including the CFPB, and broad experience with corporate oversight of sensitive regulatory areas.  He is a Fellow of the American College of Consumer Financial Services Lawyers, the American College of Mortgage Attorneys, and the American College of Real Estate Lawyers, and is a frequent speaker on consumer financial services and regulatory matters. 

    Anna Pane , Senior Counsel , Wells Fargo Home Mortgage

    Sheila Lee , Mortgage Specialist, Mortgage Markets Research, Markets & Regulations , Consumer Financial Protection Bureau (CFPB)

    Sheila Lee is a Mortgage Specialist in the division of Research, Markets & Regulations (RMR) with the Consumer Financial Protection Bureau. As a member of the Mortgage Markets team, she is accountable for leading interactions with technology vendors and service providers to assist with the successful implementation of Bureau regulations and projects. She joined the Bureau with over 30 years of service in the real estate, mortgage, and loan origination software (LOS) industries.
    She began her mortgage career as a loan originator in Middle Tennessee; later working as an office manager in Glastonbury, CT. She moved into the mortgage software arena in 1997; writing requirements for Agency updates; serving as lead compliance analyst on HMDA changes introduced in 2004 and served as Lead Compliance/Business Analyst on ATR/QM and KBYO before joining the Bureau in January, 2016.

    Elena Babinecz , Senior Counsel, Office of Regulations , Consumer Financial Protection Bureau (CFPB)

    Elena Babinecz is a Senior Counsel in the Office of Regulations at the Consumer Financial Protection Bureau (CFPB). She joined the CFPB’s Office of Regulations in May of 2013. Ms. Babinecz’s expertise is in the area of fair lending. Her work focuses on the Equal Credit Opportunity Act (ECOA) and Regulation B, as well as the Home Mortgage Disclosure Act (HMDA) and Regulation C. She played a key role in the HMDA Proposed Rule and Final Rule, and currently plays a leading role in the CFPB’s HMDA implementation work. Elena is also a member of the CFPB’s Diversity and Inclusion Council of Employees (DICE). She has been active in diversity and inclusion initiatives throughout her professional career.  Prior to joining the CFPB, she practiced in the San Francisco, Washington, D.C., and Miami offices of two leading consumer financial services law firms. Her practice focused on federal and state fair lending investigations and enforcement matters related to the mortgage banking industry. Ms. Babinecz also practiced at a Washington, D.C. civil rights law firm where she counseled lenders on compliance with consumer protection and fair lending laws, and litigated lending discrimination cases.

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    Ken Markison is Vice President and Regulatory Counsel at the Mortgage Bankers Association in Washington, DC, where he works on and represents the mortgage industry on a very wide range of legal and regulatory issues. These include virtually all matters under the Wall Street Reform and Consumer Protection Act (Dodd-Frank), Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TILA), Fair Housing Act, Home Mortgage Disclosure Act (HMDA), S.A.F.E. Mortgage Licensing Act and nearly every other law regulating the mortgage industry. He joined MBA in July 2004 following a thirty-two year career in the Office of General Counsel at the U.S. Department of Housing and Urban Development. At the time of his retirement, Ken served as HUD's Assistant General Counsel for Government Sponsored Enterprises/RESPA. He was one of the principal architects of HUD's 2002 proposed RESPA Reform Rule and HUD's GSE rules. Earlier, he was instrumental in developing the HUD-Federal Reserve Report on Reform of TILA and RESPA as well as the HUD-Treasury Report on Curbing Predatory Lending. He also represented HUD on the Oversight Board for the Resolution Trust Corporation staff.

  • LITIGATION Session I - Key Developments

    Location: Independence I


    Speaker(s)

    Andrew C. Glass , Partner , K&L Gates

    Rachel M. Dollar, CMB , Partner , Smith Dollar PC

    Nicholas Agnello , Senior Associate , Burr Forman LLP

    Rebecca Snavely Saelao , Member , Severson & Werson

    Donna S. Webber , Vice President and Assistant General Counsel , JPMorgan Chase

    Concurrent Session

    Read more Read less

    In this first of two litigation-focused sessions, industry counsel review key cases involving mortgage compliance and discuss possible defenses.

    Speaker(s)

    Andrew C. Glass , Partner , K&L Gates

    Andrew Glass is a partner at K&L Gates LLP and a member of the firm's Consumer Financial Services group. Mr. Glass’s practice focuses on representing financial services clients in class actions and other complex litigation, government enforcement matters, and compliance matters arising under the Fair Housing Act, the Equal Credit Opportunity Act, the Telephone Consumer Protection Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and state unfair and deceptive acts and practices statutes. Mr. Glass regularly works with the MBA on amicus curiae briefing to the United States Supreme Court and other courts on fair lending issues. Most recently, he prepared an amicus brief for MBA supporting a challenge to the HUD disparate-impact rule pending in federal district court in Washington, D.C.

    Rachel M. Dollar, CMB , Partner , Smith Dollar PC

    Rachel Dollar is a partner at Smith Dollar PC.  Ms. Dollar is a California attorney, a published author, a Certified Mortgage Banker, a Certified Financial Crimes Investigator, a licensed California Real Estate Broker, and a recognized expert in the mortgage lending industry. Ms. Dollar is a trial lawyer and a founding partner of the AV ® rated, California law firm, Smith Dollar PC, from which she represents financial institutions and lenders in real estate and mortgage banking related litigation. She has been recognized repeatedly by Inman News as one of the 100 Most Influential Real Estate Leaders and has been consistently named by Super Lawyers as one of the top attorneys in Northern California. She has developed a reputation as one of the foremost innovators and thought leaders in the real estate finance industry and has been widely quoted in the Wall Street Journal, USA Today, the Los Angeles Times, and other publications. Ms. Dollar is a nationally recognized speaker on the topics of mortgage banking and mortgage fraud; she has testified before Congress; and has appeared on CNN, CBS News, and other radio and television programs. She is the editor of the award winning website, Mortgage Fraud Blog.

    Nicholas Agnello , Senior Associate , Burr Forman LLP

    Nick Agnella is a senior associate at Burr Forman. Nick defends major banking and financial services industry clients in civil litigation matters alleging violations of federal and state law. Nick also handles appeals, class action defense, contested foreclosure, CFPB regulatory compliance and defense, title disputes, and other commercial litigation matters. Nick is a member of the firm’s Financial Services Litigation practice group. He has helped create favorable new law for his Financial Services Industry clients in important areas including the Truth in Lending Act and Dodd-Frank Wall Street Reform and Consumer Protection Act, the statute of limitations for mortgage foreclosure, and preemption of state law causes of action by the Fair Credit Reporting Act.

    Rebecca Snavely Saelao , Member , Severson & Werson

    Rebecca Snavely Saelao is a Member in Severson & Werson’s San Francisco office, representing financial institutions, primarily national banks, mortgage and auto lenders, and loan servicers. She has extensive experience defending suits brought under the Telephone Consumer Protection Act (TCPA), the Fair Credit Reporting Act (FCRA), and the Fair Debt Collection Practices Act (FDCPA). She obtained complete defense judgments on behalf of mortgage servicers in cases tried in state court in 2013 and 2014.  Her experience includes defending class actions alleging statutory violations, unfair business practices, breach of contract, and fraud. On behalf of a major mortgage servicer, she obtained an order dismissing with prejudice a putative federal class action brought by heirs to deceased reverse mortgage borrowers. The decision was affirmed on appeal to the Ninth Circuit. She has also successfully negotiated class action settlements, navigated the class settlement approval process, and resolved multiple putative class actions on an individual basis.

    Donna S. Webber , Vice President and Assistant General Counsel , JPMorgan Chase

    Donna Webber is the Vice President at Assistant General Counsel at JPMorgan Chase.  Donna manages the Appeals team in the Mortgage Banking Litigation group at Chase. Prior to joining Chase in 2010, Donna had fifteen years of experience as in-house counsel for two other financial services companies.

  • Refreshment Break

    Location: Independence Foyer

    Refreshment Break

  • COMPLIANCE ESSENTIALS - Regulatory Framework for Mortgages II

    Location: Independence E


    Speaker(s)

    Robert M. Jaworski , Partner , Reed Smith, LLP

    R. Andrew "Andy" Arculin , Partner , Venable LLP

    Rachel Rodman , Counsel, Financial Services , Arnold & Porter, LLP

    Jerra Holford Ryan , Vice President , Cherry Creek Mortgage Co., Inc.

    Concurrent Session

    Read more Read less

    For those new to mortgage regulation or seeking an overview, this session continues a survey of the mortgage regulatory framework including the Fair Housing Act, ECOA, HMDA, FCRA and more.

    Speaker(s)

    Robert M. Jaworski , Partner , Reed Smith, LLP

    Robert M. Jaworski is a partner in the Financial Services Regulatory Group of Reed Smith, LLP in Princeton, New Jersey. He is a former Deputy Commissioner of the New Jersey Department of Banking, a past Chair of the New Jersey Bar Association’s Banking Law Section and Co-Chair of the RESPA and Housing Finance Subcommittee of the American Bar Association’s Consumer Financial Services Committee, and the former editor-in-chief of Pratt’s Mortgage Compliance letter, a national publication on mortgage compliance issues. Bob provides federal and state compliance and regulatory advice and assistance to banks, mortgage lenders and servicers, and other consumer financial services providers, and regularly assists Reed Smith litigators in defending financial institutions in individual and class actions. He is a frequent speaker before financial institution groups (including MBA), has authored numerous articles on consumer financial services regulatory issues, and is a regular contributor on real estate finance topics for several LexisNexis publications. Bob is also an educator, having developed and taught courses for mortgage professionals concerning New Jersey and federal mortgage lending and servicing laws and regulations. In April, 2013, Bob was inducted as a Fellow of the American College of Consumer Financial Services Lawyers.

    R. Andrew "Andy" Arculin , Partner , Venable LLP

    Andy Arculin is a member of Venable's Regulatory Group and the firm's Consumer Financial Protection Bureau Task Force. He has a decade of experience in consumer financial matters, both in private practice and with the federal government. Mr. Arculin advises a wide range of clients on the “alphabet soup” of consumer credit statutes and regulations, including the Real Estate Settlement Procedures Act (RESPA), the Truth in Lending Act (TILA), the Equal Credit Opportunity Act (ECOA), the Home Mortgage Disclosure Act (HMDA), and other federal and state statutes and regulations. Mr. Arculin also is a frequent speaker at industry conferences, and a recognized authority in the fields of mortgage banking and consumer financial protection regulation. Prior to joining Venable, Mr. Arculin served as senior counsel at the Consumer Financial Protection Bureau's Office of Regulations. In this position, Mr. Arculin was responsible for the development and implementation of consumer financial services regulations. He served as lead attorney for both the implementation of TILA-RESPA Integrated Disclosures and for the 2013 amendments to various Dodd-Frank Act rules including the Mortgage Servicing, Loan Originator, Ability-to-Repay/Qualified Mortgages, Escrows, and ECOA valuations rules. Mr. Arculin also played a key role at CFPB in educating the public and industry leaders about the Dodd-Frank mortgage rules and the TILA-RESPA Integrated Disclosures. As the CFPB's subject matter expert on these rules, he was responsible for training CFPB examiners and other regulators and regularly represented the Bureau as a featured panelist and speaker at numerous industry conferences and other events.

    Rachel Rodman , Counsel, Financial Services , Arnold & Porter, LLP

    Rachel Rodman is a counsel at Arnold & Porter, LLP and represents banks and consumer financial services companies in a broad range of regulatory matters, including examinations, investigations, and litigation brought by federal and state regulators. Prior to joining the firm, Ms. Rodman was at the Consumer Financial Protection Bureau (CFPB). She joined the CFPB in 2011, obtaining a broad range of experience in several senior positions. From 2013 through 2015, Ms. Rodman was an Enforcement Attorney in the Division of Supervision, Fair Lending and Enforcement, where she led investigations of banks and nonbanks involving mortgage servicing, overdraft practices, debt collection, and consumer reporting. Ms. Rodman also supported the CFPB’s examination program by counseling examination staff on legal and strategic issues during examinations and advising Division leadership on the appropriate resolution of exam findings. From 2011-2013, Ms. Rodman served as Senior Counsel in the Legal Division. In this capacity, she advised agency leadership, including the Director and General Counsel, concerning the CFPB’s new authorities under Title X of the Dodd- Frank Act and defended the agency in federal district and appellate courts. During her tenure with the CFPB, Ms. Rodman had a significant role in developing the agency’s position on a wide range of emerging legal issues, such as the scope of the CFPB’s supervisory and enforcement authority, individual liability under Title X, the application of the agency’s UDAAP authority, and issues of first impression under the Truth in Lending Act and Fair Credit Reporting Act. Ms. Rodman was lead counsel in several of the CFPB’s major settlements with mortgage servicers, including the agency’s first action involving the new mortgage servicing rules (Regulation X). She was also closely involved in coordinating the CFPB’s enforcement activity with other agency stakeholders, such as the Office of Regulations, Office of Supervision Policy, Office of Supervision Examinations, and the Legal Division.

    Jerra Holford Ryan , Vice President , Cherry Creek Mortgage Co., Inc.

    Jerra H. Ryan is Vice President of Cherry Creek Mortgage Co., Inc. Jerra worked as a litigation, real estate and regulatory compliance paralegal before starting a successful sales career in the mortgage industry over 20 years ago. Jerra led branch production in excess of $250-million per year, but recognized a gap between how compliance and sales communicated, She saw the need to help production teams and colleagues understand regulations and navigate the gray space between the black-and-white rules, so she left the front lines of origination to drive the alignment between compliance and production by creating policy, procedures and compliance-specific best practices to comply with the rules. Jerra believes raising the compliance IQ and fluency among mortgage professionals promotes consumer, company, investor and agency protection. Currently serving the MBA Regulatory Sub-Committee as Vice-Chairman, Jerra also served as President of the Colorado Mortgage Lenders Association, sitting on the Board of Directors for seven years, where she led the Legislative Affairs and Education Committees.

  • HMDA WORKSHOP - Deep Dive into Data Points

    Location: Independence A


    Speaker(s)

    Leslie A. Sowers , Partner , Weiner Brodsky Kider PC

    Thomas Kearney , Partner, Consumer Financial Services Practice Group , Akerman LLP

    John Haring , Director, Compliance Enablement Manager , Ellie Mae, Inc.

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    Concurrent Session

    Read more Read less

    This second section of the workshop continues the discussion of the new HMDA Rule emphasizing the data to be provided by lenders, as well as operational challenges and solutions.

    Speaker(s)

    Leslie A. Sowers , Partner , Weiner Brodsky Kider PC

    Leslie A. Sowers is a Partner with Weiner Brodsky Kider PC and focuses on federal regulatory and compliance matters related to the financial services industry. Leslie advises financial institutions and mortgage companies on the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Real Estate Settlement Procedures Act (RESPA), Truth-in-Lending Act (TILA), the TILA RESPA Integrated Disclosures (TRID) Rule, as well as on loan originator compensation requirements, and other consumer finance regulatory matters. She works with companies to develop policies and procedures to ensure compliance with the Equal Credit Opportunity Act (ECOA), Home Mortgage Disclosure Act (HMDA), and other fair lending and fair housing requirements. Additionally, Leslie regularly guides companies through the complexities of the Fair Credit Reporting Act (FCRA), Gramm-Leach-Bliley Act (GLBA), and other financial privacy matters. Leslie also assists companies in preparing for and successfully navigating supervisory examinations, develops compliance policies and procedures, counsels on the requirements of FHA, VA, Fannie Mae and Freddie Mac, and prepares complex regulatory analyses of matters pertaining to residential mortgage lending and servicing. Leslie is co-author of Consumer Protection and Mortgage Regulation under Dodd-Frank, published by Thompson Reuters.

    Thomas Kearney , Partner, Consumer Financial Services Practice Group , Akerman LLP

    Thomas Kearney joined Akerman from the Consumer Financial Protection Bureau's Office of Regulations, where he played a key role developing and drafting multiple mortgage originations related rulemakings. He most recently led the team responsible for the Home Mortgage Disclosure Act rulemakings. Thomas was also substantially involved in the CFPB's TILA-RESPA Integrated Disclosure (Know Before You Owe) rulemaking and the Ability-to-Repay and Qualified Mortgage rulemakings. He also worked on various CFPB outreach efforts regarding the Dodd-Frank Act Title XIV rulemakings.  Thomas' practice now centers assisting lenders, financial technology companies, banks, and other financial services providers with navigating the wide range of challenges that arise under financial services laws, including UDAAP and regulatory implementation issues. He focuses his practice on issues arising under consumer financial laws, including the Truth in Lending Act, the Home Mortgage Disclosure Act, the Equal Credit Opportunity Act, and the Real Estate Settlement Procedures Act.

    John Haring , Director, Compliance Enablement Manager , Ellie Mae, Inc.

    John Haring serves as the Director of Compliance Enablement manager for Ellie Mae® (NYSE: ELLI), a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry. He is responsible for facilitating the implementation and maintenance of residential mortgage lending compliance and industry changes across Ellie Mae’s various software applications, systems, and residential mortgage loan documents. Prior to joining Ellie Mae, he served as the vice president of compliance for Supreme Lending, and has spent the better part of the last decade supporting banks, lenders and brokers in keeping up with significant regulatory changes impacting the mortgage industry. In 2015 Haring was named one of HousingWire’s Rising Stars in recognition for his accomplishments in helping the industry prepare for implementing “Know Before You Owe”.

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    Ken Markison is Vice President and Regulatory Counsel at the Mortgage Bankers Association in Washington, DC, where he works on and represents the mortgage industry on a very wide range of legal and regulatory issues. These include virtually all matters under the Wall Street Reform and Consumer Protection Act (Dodd-Frank), Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TILA), Fair Housing Act, Home Mortgage Disclosure Act (HMDA), S.A.F.E. Mortgage Licensing Act and nearly every other law regulating the mortgage industry. He joined MBA in July 2004 following a thirty-two year career in the Office of General Counsel at the U.S. Department of Housing and Urban Development. At the time of his retirement, Ken served as HUD's Assistant General Counsel for Government Sponsored Enterprises/RESPA. He was one of the principal architects of HUD's 2002 proposed RESPA Reform Rule and HUD's GSE rules. Earlier, he was instrumental in developing the HUD-Federal Reserve Report on Reform of TILA and RESPA as well as the HUD-Treasury Report on Curbing Predatory Lending. He also represented HUD on the Oversight Board for the Resolution Trust Corporation staff.

  • LITIGATION Session II - Key Developments

    Location: Independence I


    Speaker(s)

    Ralph Wutscher , Principal , Maurice Wutscher LLP

    Michael R. Pfeifer , Managing Partner , Pfeifer & de la Mora, LLP

    Steven Ginsburg , Partner , Duane Morris LLP

    Ariel E. Stern , Office Managing Partner , Akerman LLP

    Donna S. Webber , Vice President and Assistant General Counsel , JPMorgan Chase

    Concurrent Session

    Read more Read less

    In this second of two litigation-focused sessions, industry counsel continue their review of key cases involving mortgage compliance and discuss possible defenses.

    Speaker(s)

    Ralph Wutscher , Principal , Maurice Wutscher LLP

    Ralph Wutscher is a founding principal of Maurice Wutscher LLP, a national financial services law firm with 16 offices in 14 different states across the country. His practice focuses primarily on representing depository and non-depository mortgage lenders and servicers, as well as mortgage loan investors, financial asset buyers and sellers, third-party debt collectors, and other financial services providers. He represents the lending and financial services industry as a litigator, and as regulatory compliance counsel. He currently serves as national outside counsel for an originating lender and for a special servicer. He also serves as regional counsel for several lenders and servicers in various areas of the country. Over the years, Ralph also served as national outside litigation counsel for one of the Top-25 largest former nonprime mortgage lenders, and as regional counsel for several others. Mr. Wutscher has substantial experience in counseling clients regarding their compliance with federal laws, and with state and local laws primarily of the Midwestern United States.

    Michael R. Pfeifer , Managing Partner , Pfeifer & de la Mora, LLP

    Michael R. Pfeifer, Esq. is General Counsel of the California Mortgage Bankers Association (“California MBA”) and is the managing partner of Pfeifer & de la Mora, LLP, a mortgage banking compliance and litigation firm based in Orange County, CA. Mr. Pfeifer has nearly 40 years of experience in representing mortgage lenders, investors, servicers, brokers and other industry participants in the following areas: Real Estate and Consumer Financial Services Litigation (including defense of regulatory examination and enforcement proceedings, lender liability and “UDAAP” lawsuits, “wrongful foreclosure,” and other loan servicing-related litigation); Financial Fraud Recovery and Repurchase Disputes; Lien Priority and Title Insurance Coverage Litigation; Officers’ and Directors’ Liability and Professional Errors and Omissions Litigation; Creditor Representation in Bankruptcy; Consumer Credit, Regulatory Compliance, Business, Corporate, and Unfair Competition Litigation. Mr. Pfeifer has been ranked "AV-Preeminent" for legal ability and ethical standards under the Martindale-Hubbell peer-review rating system for over 30 years. Mr. Pfeifer was a member of the Board of Directors of the California Mortgage Bankers Association for 9 years before becoming its General Counsel and, in addition to his work with the California MBA, is also active in the Legal Issues, Regulatory Compliance, and Loan Administration Committees of the Mortgage Bankers Association of America (“MBA”), and the Consumer Financial Services Committee of the American Bar Association. From 1999 through 2002 he was the Chair of the MBA’s Subcommittee on Fraud and Ethics, and from 2003 through 2014 the Chair of the Mortgage Quality Assurance and Compliance Committee of the California Mortgage Bankers Association.

    Steven Ginsburg , Partner , Duane Morris LLP

    Steven Ginsburg is a Partner at Duane Morris LLP. Mr. Ginsburg focuses his practice on corporate and commercial litigation and matters involving real estate, construction and banking litigation; insurance (including title insurance claims and litigation); agreements governed by the Uniform Commercial Code; noncompetition, trade secrets, and contractual disputes; and other commercial and civil tort litigation. Mr. Ginsburg also represents clients in class action litigation, RICO actions, fraud and price-fixing claims in the health care and insurance industries, and in vehicle wholesaling and financial practices; foreclosures and workouts. He has represented several municipal governments in eminent domain, federal, building- and zoning-code enforcement litigation; minimum housing appeals; and other municipal litigation matters. His appellate experience includes handling cases of first impression in Florida involving the rights of creditors in estates and trusts.

    Ariel E. Stern , Office Managing Partner , Akerman LLP

    Ariel Stern manages Akerman's Nevada office. Ariel concentrates his practice on consumer finance litigation, regulatory compliance, and operational matters. Ariel has significant experience litigating claims arising under federal consumer protection laws and rules, as well as Nevada's foreclosure, fair lending, and deceptive trade practice laws. Ariel regularly appears in Nevada's state and federal courts, both at the trial and appellate levels. Ariel also has significant experience with real estate and title matters, including title insurance claims and lien priority issues involving homeowners' association liens.

    Donna S. Webber , Vice President and Assistant General Counsel , JPMorgan Chase

    Donna Webber is the Vice President at Assistant General Counsel at JPMorgan Chase.  Donna manages the Appeals team in the Mortgage Banking Litigation group at Chase. Prior to joining Chase in 2010, Donna had fifteen years of experience as in-house counsel for two other financial services companies.

  • Refreshment Break

    Location: Independence Foyer

    Refreshment Break

  • COMPLIANCE ESSENTIALS - CFPB Consent Orders for Compliance Officers

    Location: Independence I


    Speaker(s)

    A. Michelle Canter , Partner , Bradley Arant Boult Cummings, LLP

    Christy A. Ames , Member , Stites & Harbison, PLLC

    Ashely Hutto-Schultz , Director of Compliance , Castle & Cooke Mortgage, LLC

    Marx Sterbcow , Managing Attorney , Sterbcow Law Group LLP

    Concurrent Session

    Read more Read less

    Industry counsel provide a comprehensive overview of key consent orders and provide tips on how to apply the findings to your mortgage business.

    Speaker(s)

    A. Michelle Canter , Partner , Bradley Arant Boult Cummings, LLP

    Michelle Canter is a Partner at Bradley Arant Boult Cummings, LLP.  Michelle offer clients operational counsel in loan originations and servicing combined with more than 20 years of experience in compliance, regulatory enforcement, and litigation. Her particular experience in the default-servicing arena includes defending servicers during exams and enforcement actions by the CFPB, prudential regulators, and state regulators, as well as audits by HUD, Fannie Mae, Freddie Mac, and other investors. While defending clients in financial services litigation, Michelle provides in-depth, industry specific knowledge.

    Christy A. Ames , Member , Stites & Harbison, PLLC

    Christy Ames is a Member of Stites & Harbison, PLLC. Christy chairs Stites & Harbison’s Financial Institution Litigation Sub Group. She regularly represents lenders and servicers in class actions, individual borrower lawsuits, and complex foreclosures. Prior to joining Stites & Harbison, Christy was General Counsel for First Residential Mortgage Network, Inc., a residential mortgage lender licensed in over forty states. Christy is a frequent presenter for the Mortgage Bankers Association of America and the American Conference Institute. Christy received her JD from Washington & Lee University School of Law and her BA from the University of Louisville. She is admitted to practice law in Kentucky and Indiana.

    Ashely Hutto-Schultz , Director of Compliance , Castle & Cooke Mortgage, LLC

    Ashley Hutto-Schultz is the Director of Compliance for Castle & Cooke Mortgage, overseeing the compliance team responsible for managing and enforcing the company’s adherence to all applicable industry laws and regulations. Prior to joining Castle & Cooke Mortgage, Ashley practiced law in the District of Columbia at Morrison & Foerster, LLP, where she focused her practice on retail financial service laws affecting non-bank mortgage lenders and servicers, depository institutions, technology companies, and small dollar consumer lenders. In that role, she regularly counseled clients on state and Federal regulatory examination and enforcement matters. Ashley is also an active member of the American Bar Association’s Consumer Financial Services subcommittee.

    Marx Sterbcow , Managing Attorney , Sterbcow Law Group LLP

    Marx Sterbcow is the Managing Attorney with Sterbcow Law Group. Marx is nationally known for providing regulatory guidance on RESPA, UDAAP, TILA, and other federal regulatory compliance issues. He represents banks & non-bank mortgage lenders, title insurance agencies and underwriters, escrow companies, law firms, software companies, and real estate brokerage companies across the United States on federal regulatory and legal compliance issues revolving around: affiliated business arrangements, lead generation programs, marketing & advertising agreement compliance, 3rd party vendor management oversight, CFPB regulatory enforcement actions, social media oversight, and promotional advertising program guidance. Marx represented the National Association of Mortgage Brokers (NAMB) in its efforts to challenge the Federal Reserve Board on its implementation of the Truth In Lending Act’s Regulation Z Loan Officer Compensation Rule.

  • COMPLIANCE ESSENTIALS - KBYO/TRID Including the Latest Rules

    Location: Independence E


    Speaker(s)

    Margaret England, Esq. , Vice President, Third Party Lending Operations Support , U.S. Bank, N.A.

    Richard J. Andreano, Jr. , Partner , Ballard Spahr LLP

    Suzanne Garwood , Executive Director and Assistant General Counsel , JPMorgan Chase

    Richard Horn , Member , Richard Horn Legal PLLC

    Concurrent Session

    Read more Read less

    This refresher session will provide an overview of the CFPB’s Know Before You Owe (KBYO) or TILA RESPA Integrated Disclosure (TRID) rule.

    Speaker(s)

    Margaret England, Esq. , Vice President, Third Party Lending Operations Support , U.S. Bank, N.A.

    Margaret England provides regulatory compliance and operations support to Third Party Lending at US Bank, NA and has over 30 years’ experience as a Compliance Officer. Margaret began her career in North Carolina with legacy Wachovia Mortgage Company as Compliance Officer and Counsel. She has also worked as a Compliance Officer for First Union Mortgage, and as an executive Vice President of First Union’s vendor management company, GreenLink. After Wachovia Corporation was acquired by Wells Fargo, Margaret worked as a Compliance Officer for SunTrust Mortgage in Richmond, VA, and for EverBank in Jacksonville, FL.  She has provided compliance support for all residential mortgage origination channels including retail, consumer direct, wholesale broker and correspondent lending. Margaret has a Bachelor’s degree in MIS and Professional Accounting from Southern Illinois University and a Juris Doctorate from South Texas College of Law in Houston Texas. 

    Richard J. Andreano, Jr. , Partner , Ballard Spahr LLP

    Richard J. Andreano, Jr., is a Practice Leader of the Mortgage Banking Group at Ballard Spahr, and a member of the Consumer Financial Services Group. He has devoted over 30 years of practice to financial services, mortgage banking, and consumer finance law. Rich advises the mortgage and settlement service industries on regulatory compliance and related matters, including issues concerning the Dodd-Frank Wall Street Reform and Consumer Protection Act, Real Estate Settlement Procedures Act,, Truth in Lending Act, Equal Credit Opportunity Act, Fair Housing Act, Fair Credit Reporting Act (including FACTA), Home Mortgage Disclosure Act, and Gramm-Leach-Bliley Act. He assists clients with preparing for and handling CFPB examinations and with regulatory issues, including implementation of the CFPB TILA/RESPA Integrated (TRID) disclosure rule, the CFPB revisions to the HMDA rules, and compliance with the CFPB ability to repay, loan originator compensation, appraisal, escrow and servicing rules. Rich is the author of the MBA Compliance Essentials Loan Originator Compensation Rule Resource Guide™ and co-author of the MBA Compliance Essentials TILA/RESPA Integrated Disclosure (TRID) Resource Guide.

    Suzanne Garwood , Executive Director and Assistant General Counsel , JPMorgan Chase

    Suzanne Garwood is Executive Director and Assistant General Counsel in JPMorgan Chase’s mortgage banking department where she assists with the bank’s compliance related to mortgage production.  Prior to joining Chase, Suzanne was outside counsel at two Washington DC-based law firms.  While in private practice, Suzanne advised her clients with respect to compliance with consumer protection laws and advocated for her clients before the Consumer Financial Protection Bureau and Congress.

    Richard Horn , Member , Richard Horn Legal PLLC

    Richard Horn led the final TRID rule while a Senior Counsel & Special Advisor in the Consumer Financial Protection Bureau’s Office of Regulations. He also led the CFPB’s design and consumer testing of the TRID disclosures. Richard is one of the foremost experts on the rule. He is currently in private practice at Richard Horn Legal, PLLC. Prior to joining the CFPB, Richard was a Senior Attorney at the Federal Deposit Insurance Corporation (FDIC) in the New York Regional Office. At the FDIC, Richard worked on consumer compliance and risk management supervisory matters and enforcement actions, including TILA, RESPA section 8, UDAP, HMDA, and fair lending. Richard advises banks, credit unions, non-bank mortgage lenders and brokers, investors, title insurance companies, and technology vendors on all federal and state consumer finance regulatory compliance matters. He advises on TRID, RESPA section 8 (MSAs, Affiliated Business Arrangements, etc.), the Ability to Repay/Qualified Mortgage rule, the Loan Originator Compensation rule, UDAAP, FCRA, ECOA, HMDA, state licensing and high cost loan laws, and other laws. He also conducts TRID file reviews and staff training for his clients.

  • HMDA WORKSHOP - Implementation of HMDA Changes

    Location: Independence A


    Speaker(s)

    Kathleen Keller , Managing Director, Regulatory Compliance , Newbold Advisors LLC

    Sheila M. Strong , Vice President, Compliance and General Counsel , AmeriFirst Financial Corporation

    John Haring , Director, Compliance Enablement Manager , Ellie Mae, Inc.

    Marc Heon , Senior Manager, Financial Service Office , Ernst & Young LLP

    Joshua Weinberg , Executive Vice President, Compliance , First Choice Loan Services Inc.

    Read more Read less

    This thrid section of the workshop addresses key challenges in implementing the rule including protecting privacy and data security as well as a range of other issues based on our experts' review.

    Speaker(s)

    Kathleen Keller , Managing Director, Regulatory Compliance , Newbold Advisors LLC

    Kathy Keller, Managing Director, Regulatory Compliance, at Newbold Advisors LLC, has more than 25 years of experience in the mortgage industry. Kathy has worked on projects across the mortgage life cycle for lenders of all sizes, regulatory agencies and the GSEs. She concentrates on implementation of significant, industry wide changes, including being a member of the team that created the first automated underwriting engine, and assisting Newbold's clients in implementing regulations such as TRID and HDMA. Kathy also helps clients remediate regulatory actions. Her focus is on implementation of regulatory change including identification of issues that arise in the operationalization of new regulations and determining the how to leverage business process and technology to achieve compliance. Prior to joining Newbold, Kathy was a Vice President at Fannie Mae playing a key role in the implementation of the Making Home Affordable Program, and later leading the Enterprise Program Management Office.

    Sheila M. Strong , Vice President, Compliance and General Counsel , AmeriFirst Financial Corporation

    Sheila M. Strong is the Vice President of Compliance and General Counsel at AmeriFirst Home Mortgage (“AmeriFirst”) in Kalamazoo, Michigan. As a member of the senior management team, Ms. Strong ensures that compliance is at the forefront of AmeriFirst operations and strategic planning through her Compliance Management System. The Compliance Management System implements, monitors, improves, and revises corporate policies and procedures to serve the mortgage needs of consumers in a manner that is consistent with ethical lending and servicing practices. As a former mortgage loan originator, Ms. Strong brings real-world experiences in implementing compliance management strategies. Accordingly, with a team of 21 full time compliance employees, Ms. Strong works proactively and collaboratively with each AmeriFirst department to ensure and effective and comprehensive compliance with federal, state, and local rules and regulations. Ms. Strong also serves as the Vice Chair for the MBA Legal Issues Committee.

    John Haring , Director, Compliance Enablement Manager , Ellie Mae, Inc.

    John Haring serves as the Director of Compliance Enablement manager for Ellie Mae® (NYSE: ELLI), a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry. He is responsible for facilitating the implementation and maintenance of residential mortgage lending compliance and industry changes across Ellie Mae’s various software applications, systems, and residential mortgage loan documents. Prior to joining Ellie Mae, he served as the vice president of compliance for Supreme Lending, and has spent the better part of the last decade supporting banks, lenders and brokers in keeping up with significant regulatory changes impacting the mortgage industry. In 2015 Haring was named one of HousingWire’s Rising Stars in recognition for his accomplishments in helping the industry prepare for implementing “Know Before You Owe”.

    Marc Heon , Senior Manager, Financial Service Office , Ernst & Young LLP

    Marc R. Heon, Esq. is a Senior Manager in the Financial Services Advisory practice of Ernst & Young LLP. He has over 13 years of experience in mortgage compliance, mortgage operations, and real estate and banking law. For the past several years, Marc has focused on helping financial institutions assess and implement the Mortgage Reform regulations issued by the Consumer Financial Protection Bureau (“CFPB”) and respond to Mortgage Consent Orders. Marc is currently leading engagements related to implementation of the HMDA Rule changes and addressing TRID post-implementation challenges. Previous experiences include overseeing compliance for mortgage operations at a major international bank and practicing real estate law.

    Joshua Weinberg , Executive Vice President, Compliance , First Choice Loan Services Inc.

    Joshua Weinberg is currently Executive Vice President of Compliance for First Choice Loan Services Inc., a wholly owned subsidiary of a State Chartered and FDIC insured Depository institution. He is a nationally recognized speaker, author, consultant, and leader in mortgage lending; specializing in integrating compliance and technology. He works closely with Federal and State Regulators including the CFPB, FDIC, CSBS/AARMR, and the HUD/FHA and participates with many industry associations. He is the Chair of MBA’s Regulatory Compliance Committee, Vice Chairman of the Board of Directors for MISMO, a member of the Registered Institutions Working Group for the NMLS, a member of ABA’s Residential Markets Committee, and an Advisory Board Member and Compliance Expert for Mortgage Compliance Magazine. Weinberg also consults privately for mortgage lenders and some of the top mortgage technology vendors in the country. Previously he worked for a major LOS vendor where he was in charge of Compliance, Government Loan programs and Reverse Mortgages. He has worked in retail banking environments and also worked independently as the owner of a mortgage broker company.

  • COMPLIANCE ESSENTIALS - CFPB Examination and Enforcement Process

    Location: Independence I


    Speaker(s)

    Melissa Koupal , Vice President, Loan Integrity , loanDepot.com, LLC

    J.H. Jennifer Lee , Partner , Dorsey & Whitney LLP

    Michelle L. Rogers , Partner , BuckleySandler LLP

    C. Hunter Wiggins , Partner , Jones Day

    Concurrent Session

    Read more Read less

    For compliance officers and others, industry experts provide an overview of the CFPB exam and enforcement process, giving particular attention to exam preparation, the workings of exams and the enforcement steps.

    Speaker(s)

    Melissa Koupal , Vice President, Loan Integrity , loanDepot.com, LLC

    Melissa Koupal is the vice president of Loan Integrity for loanDepot.com, LLC, a full-service direct lender headquartered in Foothill Ranch, Calif. since the company launched in 2009. In this position, she oversees origination mortgage compliance, servicing mortgage compliance, licensing, customer service, quality control and regulatory examinations for all channels of loanDepot. loanDepot’s family of brands include imortgage, Mortgage Master and LDWholesale. The company currently holds more than 11,000 corporate and loan officer licenses across all 50 states and the District of Columbia. Since 2008, Koupal has been the president of the Reglist Serv Compliance Group which is comprised of more than 1,200 mortgage professionals specializing in the areas of quality control, compliance and legal issues in the residential mortgage field. Reglist Serv was established more than 10 years ago and its participants include a wide variety of experts. In this role, Koupal is responsible for the coordination of conferences, networking groups, maintaining regulatory updates and overall management of the group. Previously, Koupal owned her own compliance consulting firm, License To Lend. She also worked at Nationwide Lending. She is a frequent speaker at industry conferences including the Mortgage Bankers Association. Also, she serves on the Industry Working Group for the NMLS.

    J.H. Jennifer Lee , Partner , Dorsey & Whitney LLP

    Jenny Lee is a partner at Dorsey & Whitney LLP, where she represents banks and financial services firms in matters involving the Consumer Financial Protection Bureau (“CFPB”). Her clients include large and regional banks, credit card issuers, mortgage bankers, tribal governments, Fin Tech firms and private equity firms. Having led investigations in the CFPB’s Office of Enforcement for several years, Jenny possesses experience that she draws upon to provide clients with defense strategies for enforcement by or litigation with the CFPB. She counsels clients on how to decrease regulatory risk or litigation exposure given evolving consumer financial protection regulations. Jenny also has expertise on mortgage issues, including in the context of OCC or CFPB examinations, and represents clients in Congressional investigations on consumer lending or finance issues or due diligence on M&A transactions.

    Michelle L. Rogers , Partner , BuckleySandler LLP

    Michelle L. Rogers is a partner in the Washington, DC, office of BuckleySandler LLP. Ms. Rogers represents institutions in a wide range of litigation matters, including government enforcement actions, class action litigation, regulatory examinations, and internal investigations. She has represented clients in matters involving the Department of Justice; the Consumer Financial Protection Bureau; federal and state bank regulators; the Department of Housing and Urban Development; the Federal Housing Finance Agency; and state attorneys general, and in cases involving the False Claims Act; Program Fraud Civil Remedies Act; Financial Institutions Reform, Recovery and Enforcement Act; Truth in Lending Act; Fair Housing Act; Equal Credit Opportunity Act; Civil Rights Act; Community Reinvestment Act; and unfair, deceptive, or abusive acts or practices statutes under the Dodd-Frank Wall Street Reform and Consumer Protection Act, Section 5 of the FTC Act, and various state laws. Ms. Rogers counsels clients in a wide-range of CFPB examination, investigation and enforcement work and is working with several mortgage lenders and servicers in ongoing matters.

    C. Hunter Wiggins , Partner , Jones Day

    Hunter Wiggins is a partner at Jones Day where he represents bank and non-bank financial institutions regarding federal and state consumer financial laws and regulations. He has held senior positions in government, in-house, and in private practice, and has substantial experience in government investigations, litigation, and corporate internal investigations. From June 2011 until January 2016 Mr. Wiggins was a senior Enforcement official at the Consumer Financial Protection Bureau. For the last two years of his tenure at the CFPB Mr. Wiggins served as the Principal Deputy Enforcement Director, where he helped supervise all aspects of the office including case selection, case management, and overall enforcement strategy. He also served as a liaison to the enforcement functions of the prudential regulators, the FTC, SEC, DOJ and state attorneys’ general. He has also been a Deputy Assistant Director at the SEC in Washington, D.C. where he focused on accounting investigations and was a member of the Financial Fraud Task Force.

  • COMPLIANCE ESSENTIALS - Servicing Including the Latest Rules

    Location: Independence E


    Speaker(s)

    Michelle A. Mierzwa , Partner , Wright, Finlay & Zak, LLP

    Tobias Moon , Partner , Akerman LLP

    Krista Cooley , Partner , Mayer Brown LLP

    Sara Singhas , Assistant Director, Loan Administration , Mortgage Bankers Association

    Concurrent Session

    Read more Read less

    This session reviews the CFPB’s Servicing Rule, as amended, Telephone Consumer Protection Act (TCPA) rules, Fair Debt Collection Practices Act (FDCPA), Conference of State Bank Supervisors (CSBS) activities and other significant developments.

    Speaker(s)

    Michelle A. Mierzwa , Partner , Wright, Finlay & Zak, LLP

    Michelle A. Mierzwa is a Partner in Wright, Finlay & Zak’s Compliance Division, providing loan originators, lenders, servicers, trustees and others in the mortgage industry with state and federal compliance and regulatory counsel in the Western States. Her accomplishments over 17 years in the industry include creating the legal department for one of the largest non-judicial foreclosure trustees in the Western United States, the management and resolution of litigated matters through jury and bench trials and appellate practice, the coordination of compliance audits, and managing the California branch of a national law firm. She worked with mortgage servicers of all sizes to ensure their compliance with state and federal laws, including, but not limited to, California and Nevada Homeowner Bill of Rights, state and federal FDCPA, RESPA, TILA, Washington Foreclosure Fairness Act, Nevada, Oregon and Washington Foreclosure Mediation Programs, Servicemembers Civil Relief Act, Dodd-Frank Act and subsequent CFPB Rules. She is a member of the Legislative Committees of the California MBA and the United Trustees Association and a frequent speaker at industry conferences and servicer trainings. Prior to her in-house and management experience, Ms. Mierzwa was a litigation attorney at a California default services industry firm for ten years. Ms. Mierzwa is admitted to practice law in California and Washington.

    Tobias Moon , Partner , Akerman LLP

    Tobias Moon is a partner in Akerman's Consumer Financial Services Practice Group. His regulatory practice focuses on compliance with federal and state requirements related to originating and servicing loans secured by residential real property. He regularly counsels lenders, servicers, investors, and settlement service providers with regard to compliance with various federal statutes and regulations including RESPA/Regulation X, TILA/Regulation Z, ECOA/Regulation B, HMDA/Regulation C, and UDAAP. In addition, Tobias advises consumer financial services companies on complying with CFPB rules and exam readiness. Tobias also advises clients with regard to compliance with state lending and servicing statutes and regulations. Prior to joining Akerman, Tobias served in leadership positions with major U.S. banks for more than six years where he gained practical legal experience in addition to leading compliance and risk management teams.

    Krista Cooley , Partner , Mayer Brown LLP

    Krista Cooley is a partner in Mayer Brown’s Washington DC office and a member of the Consumer Financial Services group. She concentrates her practice on federal regulatory enforcement and compliance issues. She represents companies in the mortgage lending, mortgage servicing, title insurance and real estate industries in connection with administrative and regulatory compliance matters. Krista defends clients subject to government audits, investigations and enforcement proceedings before, among others, the US Department of Housing and Urban Development (HUD), Department of Veterans Affairs (VA), Department of Agriculture (USDA), Department of Justice (DOJ), Consumer Financial Protection Bureau (CFPB) and state banking departments in cases involving the False Claims Act, the Program Fraud Civil Remedies Act, Mortgagee Review Board proceedings and Real Estate Settlement Procedures Act (RESPA) enforcement matters. She advises clients about federal and state consumer credit and protection laws and regulations, including RESPA, FHA, VA, USDA Rural Housing Service (RHS) and Home Equity Conversion Mortgage (HECM) requirements.  Krista reviews and analyzes existing and proposed business arrangements for compliance with federal and state law requirements and drafts related agreements and disclosures. She performs regulatory compliance due diligence, with particular emphasis on FHA-insured origination and servicing requirements.

    Sara Singhas , Assistant Director, Loan Administration , Mortgage Bankers Association

  • HMDA WORKSHOP - Fair Lending and HMDA

    Location: Independence A


    Speaker(s)

    Richard H. Harvey, Jr. , Chief Compliance Officer , Colonial Savings, F.A.

    Kathleen C. Ryan , Counsel , BuckleySandler LLP

    Melanie Brody , Partner , Mayer Brown LLP

    Michael S. Taliefero , Managing Director , ComplianceTech

    Concurrent Session

    Read more Read less

    This final section of the workshop focuses on how the new HMDA data points may be used to make fair lending inferences and the legal context in which these inferences will be made. The session also explores the importance of data accuracy.

    Speaker(s)

    Richard H. Harvey, Jr. , Chief Compliance Officer , Colonial Savings, F.A.

    Richard H. Harvey, Jr., is an experienced executive level Compliance leader and a noted expert in developing and implementing risk-based Compliance and Anti-Money Laundering programs for various types of financial institutions. Richard currently serves as the Chief Compliance Officer (“CCO”) for Colonial Savings. Prior to joining Colonial, he served as the CCO for State Farm Bank, Rabobank, Silicon Valley Bank, E*TRADE Bank, and Chevy Chase Bank. He also served as the Chief Compliance Officer and General Counsel for two start-up money transmission services companies - Skrill USA and Omney Inc. He served as an Enforcement and Litigation attorney with the Office of Thrift Supervision from 1986 to 1993. In 2001, Richard testified on behalf of the American Bankers Association before the House of Representatives Banking Committee concerning financial institution’s efforts to combat identity theft.

    Kathleen C. Ryan , Counsel , BuckleySandler LLP

    Kathleen “Kitty” Ryan, former Deputy Assistant Director for the Office of Regulations at the CFPB, is Counsel* in the Washington, DC office of BuckleySandler LLP. Ms. Ryan combines public sector and in-house experience to offer unique insights for companies navigating in a heightened regulatory environment. She counsels financial services clients regarding a wide range of regulatory and compliance matters, particularly those involving mortgage regulation and fair lending. During her time at the CFPB, Ms. Ryan’s areas of responsibility included the completion of two of the Bureau’s largest mortgage rules: the TILA-RESPA Integrated Disclosure or Know Before You Owe rule; and the Home Mortgage Disclosure Act amendments. She was also responsible for helping to build out the Bureau’s regulatory implementation efforts, which are aimed at assisting the industry in understanding and complying with new regulations. In addition, Ms. Ryan also supervised the CFPB’s ongoing rulemaking regarding debt collection, and advised on the CFPB’s fair lending enforcement efforts and its Business Data Lending Rule.

    Prior to joining the CFPB, Ms. Ryan was a Senior Regulatory Counsel at JPMorganChase where she advised multiple lines of business—including mortgages, credit cards, auto loans, student loans, and deposit products—regarding compliance with consumer financial protection statutes, fair lending, and the prohibition on unfair, deceptive, or abusive acts or practices (UDAAPs). Prior to joining the bank, Ms. Ryan spent more than a decade in the Division of Consumer and Community Affairs, Regulations Section, on the Board of Governors of the Federal Reserve, where she was the lead attorney for mortgage-related issues, advised on fair lending matters, and participated in rulemakings under the Equal Credit Opportunity Act, HMDA, the Truth in Lending Act, and the Community Reinvestment Act. Before joining the FRB, she served as an attorney in the Civil Rights Division at the Department of Justice and in the Office of General Counsel at the Department of Education.

    Melanie Brody , Partner , Mayer Brown LLP

    Melanie Brody is a partner in the Washington, DC office of Mayer Brown LLP. She concentrates on federal and state enforcement matters, primarily for financial services providers. Melanie defends clients in investigations and examinations by government agencies, including the United States Department of Justice, Consumer Financial Protection Bureau, federal banking regulators, Federal Trade Commission, Department of Housing and Urban Development, and state attorneys general. She also develops compliance programs, performs regulatory due diligence and provides compliance counseling. Melanie handles a wide variety of issues, with an emphasis on fair lending and servicing, unfair, deceptive and abusive acts and practices, and federal consumer finance regulation. Melanie is ranked by Chambers as among the top national lawyers in Consumer Finance.

    Michael S. Taliefero , Managing Director , ComplianceTech

    Michael Taliefero a Managing Director and Co-Founder of ComplianceTech, has spent his entire professional career studying housing finance policy in a regulatory context. His education, experience and training in financial analysis coupled with prior housing finance, legal and government affairs experience, makes him particularly well suited to address a wide range of compliance and lending related issues. In recent years, Mr. Taliefero has managed numerous client projects involving the extraction of origination system loan records in combination with HMDA data for use in fair lending statistical analysis and compliance process improvement. He works closely with the company’s systems developers to document requirements for computer applications that solve novel legal and regulatory compliance problems. Prior to co-founding ComplianceTech, Mr. Taliefero was a Staff Vice President at the Mortgage Bankers Association of America. In this capacity, he represented the mortgage banking industry on proposed regulatory matters before the banking agencies, the GSEs, and HUD. He also managed industry relationships with Wall Street and the warehouse lending community. Mr. Taliefero began his professional career in the General Counsel’s Office of the U.S. Department of Housing & Urban Development. Working in what was then called the Finance Division Mr. Taliefero was responsible for providing legal advice to HUD program staff at Ginnie Mae and other HUD offices that delivered securities to Wall Street. At different times during his tenure at HUD, he held the positions of Ginnie Mae section chief attorney and Fannie Mae Regulatory Oversight attorney.

  • Committee Meeting

  • "Two-Party Party" Welcome Reception in Exhibit Area

    Location: Independence Foyer,
    Lafayette Park/Farragut Square

    Networking Opportunity,

    Exhibit Hours,

    Reception

Monday, September 19, 2016

  • Continental Breakfast

    Location: Independence Foyer,
    Lafayette Park/Farragut Square

    Breakfast

  • Exhibits Open

    Location: Independence Foyer,
    Lafayette Park/Farragut Square

    Exhibit Hours

  • Registration

    Location: Independence Foyer

  • Welcome and Opening General Session with Featured Speaker

    Location: Independence A


    Speaker(s)

    Peggy Twohig , Assistant Director, Supervision Policy , Consumer Financial Protection Bureau (CFPB)

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    David H. Stevens, CMB , President and Chief Executive Officer , Mortgage Bankers Association

    General Session

    Read more Read less

    MBA’s President and CEO, David H. Stevens, CMB, gives opening remarks on Washington’s regulatory landscape and welcomes special guest speaker, Peggy Twohig.

    Speaker(s)

    Peggy Twohig , Assistant Director, Supervision Policy , Consumer Financial Protection Bureau (CFPB)

    Peggy Twohig is currently the Assistant Director for Supervision Policy at the Consumer Financial Protection Bureau. The Office of Supervision Policy is responsible for developing supervision strategy across bank and nonbank markets and ensuring that policy decisions are consistent across markets, charters, and regions. Prior to her work at CFPB, Ms. Twohig was Director of the Office of Consumer Protection at the Department of the Treasury, where she worked on the proposal to create a new consumer agency as part of financial regulatory reform. Immediately before joining Treasury, Ms. Twohig served as Associate Director of the Division of Financial Practices at the Federal Trade Commission. Her 17-year tenure at the FTC focused on enforcement and policy issues related to consumer financial services. Ms. Twohig’s career also included work as a litigator with the firm of Arnold & Porter in Washington, D.C.

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    Ken Markison is Vice President and Regulatory Counsel at the Mortgage Bankers Association in Washington, DC, where he works on and represents the mortgage industry on a very wide range of legal and regulatory issues. These include virtually all matters under the Wall Street Reform and Consumer Protection Act (Dodd-Frank), Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TILA), Fair Housing Act, Home Mortgage Disclosure Act (HMDA), S.A.F.E. Mortgage Licensing Act and nearly every other law regulating the mortgage industry. He joined MBA in July 2004 following a thirty-two year career in the Office of General Counsel at the U.S. Department of Housing and Urban Development. At the time of his retirement, Ken served as HUD's Assistant General Counsel for Government Sponsored Enterprises/RESPA. He was one of the principal architects of HUD's 2002 proposed RESPA Reform Rule and HUD's GSE rules. Earlier, he was instrumental in developing the HUD-Federal Reserve Report on Reform of TILA and RESPA as well as the HUD-Treasury Report on Curbing Predatory Lending. He also represented HUD on the Oversight Board for the Resolution Trust Corporation staff.

    David H. Stevens, CMB , President and Chief Executive Officer , Mortgage Bankers Association

    David Stevens is President and CEO of the Mortgage Bankers Association (MBA). Prior to assuming this position, Dave served as the Assistant Secretary for Housing and Federal Housing Commissioner at the U.S. Department of Housing and Urban Development (HUD). Dave has more than 30 years of experience in mortgage finance and has held several executive level positions in sales, acquisition, investment, risk management and regulatory oversight, including positions in senior management with Wells Fargo, Freddie Mac and World Savings. Prior to his appointment by the Obama Administration to serve at HUD, Dave was President and COO of the Long and Foster Companies. He is known inside the beltway as a key housing influential; serving as an industry authority on major mortgage finance legislative and regulatory issues. Dave is often quoted in the national media and regularly appears trade media on issues affecting the mortgage and housing markets.

    In 2013, Dave received the National Association of Hispanic Real Estate Professionals (NAHREP) Founders Award, presented to individuals that have distinguished themselves by their work in support of sustainable Hispanic homeownership to improve the quality of life for Hispanics in America. He has been named to Bloomberg’s “50 Most Powerful People in Real Estate” list, and twice recognized as one of the “Top 100 Most Influential Real Estate Leaders” by Inman News and named one of Swanepoel REAL ESTATE TRENDS Report’s top ten "Newsmakers" of the year. He currently serves on the Hope Loan Port board of directors, the board of MBA Opens Doors Foundation, MBA's national 501(c) 3 nonprofit organization for philanthropic ventures, and as an advisory board member of the newly formed J. Ronald Terwilliger Foundation for Housing America's Families.

  • Washington Update

    Location: Independence A


    Speaker(s)

    Bob Mulderig , Acting Deputy Assistant Secretary, Office of Single Family Housing/FHA , U.S. Department of Housing and Urban Development

    Patrice Alexander Ficklin , Fair Lending Director , Consumer Financial Protection Bureau (CFPB)

    Pete Mills , Senior Vice President, Residential Policy & Member Engagement , Mortgage Bankers Association

    General Session

    Read more Read less

    Leaders from FHA and CFPB share latest updates from their agencies.

    Speaker(s)

    Bob Mulderig , Acting Deputy Assistant Secretary, Office of Single Family Housing/FHA , U.S. Department of Housing and Urban Development

    Bob Mulderig was named Acting Deputy Assistant Secretary for Single Family Housing on June 1, 2016, having first joined HUD as Associate Deputy Assistant Secretary in January 2015. As Acting DAS, Mulderig oversees an insurance-in-force portfolio of 7.7 million FHA-insured single family loans and the roughly 850 staff nationwide who administer programs and policies that govern that portfolio. Mulderig came to HUD from the Community Development Financial Institutions (CDFI) Fund at the Department of Treasury, where he served as Manager of Certification and Compliance Monitoring and later as Acting Manager of the Capital Magnet Fund Program.  Between 1989 and 2008, Mulderig served in a wide variety of roles for affordable housing and community development program administration in the public sector, holding leadership positions in four municipalities in the Washington-Baltimore area and one Maryland state agency. He served as Deputy Director in three different housing and community development offices over 14 years: Washington, DC (2002 – 2008), City of Alexandria, VA (1999 – 2001), and Howard County, MD (1994 – 1997).  Prior to his career in community development, Mulderig was on the staff of the Federal Reserve Board of Governors, where he held progressively responsible positions in data management, specializing in quality control processes for data reporting from financial institutions nationwide.

    Patrice Alexander Ficklin , Fair Lending Director , Consumer Financial Protection Bureau (CFPB)

    Patrice Alexander Ficklin was appointed to lead the Consumer Financial Protection Bureau’s Office of Fair Lending & Equal Opportunity in May, 2011. Prior to her appointment, Ms. Ficklin was Counsel to the civil rights law firm of Relman, Dane & Colfax. There she supported the work of civil rights groups and also helped mortgage lenders and servicers ensure their compliance with the Fair Housing Act and Equal Credit Opportunity Act (ECOA). Prior to joining the Relman firm, Ms. Ficklin served as Associate General Counsel on Fannie Mae’s fair lending team, where she advised clients in the single family business and credit policy divisions on predatory lending, fair lending and fair housing issues, and worked to extend mortgage credit to thin- and no-file borrowers.  During her tenure at the law firm of Wilmer, Cutler & Pickering (now WilmerHale) Ms. Ficklin practiced in the corporate transactions and employment law groups, and co-authored a Supreme Court amici brief on behalf of several prominent civil rights organizations in Adarand Constructors, Inc. v. Peña, a major affirmative action case. Finally, she served as an arbitrator of ECOA claims made by Black farmers in Pigford v. Glickman, a class action lawsuit against the U.S. Department of Agriculture. As a Pigford arbitrator, she presided over mini-trials and ruled on several farmers’ claims of discrimination in the Department’s lending programs, awarding monetary damages.

    Pete Mills , Senior Vice President, Residential Policy & Member Engagement , Mortgage Bankers Association

    Pete Mills is Senior Vice President of Residential Policy and Member Engagement at the Mortgage Bankers Association (MBA). In this position, he leads MBA's residential policy team and state and local advocacy program, directs MBA's residential member engagement and recruitment efforts, and oversees business development for industry education and professional development programs under the MBA Education brand.  Pete is a regular guest speaker on major policy issues.

    Mills is an experienced financial services industry executive with 30 years of expertise in public affairs, government relations, public policy and research, all in the housing and mortgage finance arena. Most recently, he served as Managing Director of the Community Mortgage Banking Project, a public policy organization that represents the interests of companies and coalitions involved in the housing and mortgage finance industries.

    During his career, Mills lead corporate public affairs for Countrywide Financial, managed trade association policy advocacy for the California Mortgage Bankers Association and the California Association of Realtors, and conducted housing policy research at the Federal Reserve Board. He has a BA in Economics from the University of California at Berkeley, where he graduated with distinction in 1982.

  • Refreshment Break

    Location: Independence Foyer,
    Lafayette Park/Farragut Square

    Refreshment Break

  • Mood of the Nation With Peter Hart: The Latest in Public Opinion and What It Means

    Location: Independence A


    Speaker(s)

    Peter Hart , Public Opinion Expert , Pollster, NBC and Wall Street Journal

    General Session

    Read more Read less

    PPeter Hart, leading public opinion expert and NBC and Wall Street Journal pollster, takes a fun, interactive look at the latest polling data for the 2016 elections, sharing nonpartisan insights about the key changes, trends, demographic information, and top issues impacting the political landscape. Our nation is in a period of rapid-fire change, and this speaker has the ability to put it all in context, determining which numbers matter (and which don’t) and how it will play out on the national stage. His is an entertaining and eye-opening look at polling, politics, and public policy.

    Speaker(s)

    Peter Hart , Public Opinion Expert , Pollster, NBC and Wall Street Journal

    Peter Hart’s work has been key in determining the future for some of the most influential corporations and politicians in the country. One of the top analysts in the United States, he is a leading shaper of national trends and political messages. The National Journal named Hart one of its 150 national leaders who shape federal government policy, lauding him as “probably the foremost Washington pollster for the Democratic Party and its centrist candidates.” His organization, Peter D. Hart Research Associates, has conducted strategy planning projects for clients such as IBM, Coca-Cola, and Tiffany & Co. Political clientele have included Hubert Humphrey, Jay Rockefeller, Edward Kennedy, Bill Clinton, and Bob Graham.

    Since 1971, Hart has served as chairman of Peter D. Hart Research Associates, and he has been a pollster for NBC News and the Wall Street Journal since 1989. In the political realm, he has represented more than 55 United States Senators and 40 governors. He has also worked extensively in public policy, cultural issues and international studies.

  • Luncheon with Featured Speaker Bill Killmer, Senior Vice President, Legislative & Political Affairs, Mortgage Bankers Association

    Location: Constitution Ballroom


    Speaker(s)

    Bill Killmer , Senior Vice President, Legislative and Political Affairs , Mortgage Bankers Association

    Lunch

    Read more Read less

    Bill Killmer, MBA’s Senior Vice-President for Legislative & Political Affairs, discusses the curious nature of the current election cycle and offers context regarding the future impact of key race outcomes on the nation’s housing finance policy priorities.

    Speaker(s)

    Bill Killmer , Senior Vice President, Legislative and Political Affairs , Mortgage Bankers Association

    Bill Killmer is Senior Vice President for Legislative and Political Affairs at the Mortgage Bankers Association (MBA). A veteran of nearly twenty five years in the housing arena, Bill is responsible for managing the real estate finance industry's legislative, grassroots, and political fundraising activities, in close coordination with the MBA member leadership and its public policy and lobbying teams. He directs MBA's outreach to Congress, as well as other key political advocacy efforts.  Previously named one of CEO Update's trade association Top Lobbyists, Killmer joined MBA in July 2010, after nearly twenty years in the policy space at the National Association of Home Builders (NAHB). During his NAHB tenure, Killmer served as the association's Chief Lobbyist and, more recently, as Executive Vice President for Advocacy, managing all aspects of the group's public policy outreach.  He previously served as a Senior Legislative Officer for Congressional and Intergovernmental Affairs at the U.S. Department of Labor during the George H.W. Bush administration.

  • Major Litigation Affecting Compliance Officers

    Location: Independence A


    Speaker(s)

    Joseph Palmore , Partner , Morrison & Foerster LLP

    Cheryl Chang , Partner , Blank Rome LLP

    Daniel JT McKenna , Partner , Ballard Spahr LLP

    Thomas Hefferon , Partner , Goodwin Procter, LLP

    Philip Franklin , Senior Vice President, Regulatory Compliance , Prospect Mortgage, LLC

    Concurrent Session

    Read more Read less

    This session dives into the major litigation cases with compliance implications for the mortgage industry. Panelists also review major enforcement actions of the CFPB, Department of Justice (DOJ) and HUD.

    Speaker(s)

    Joseph Palmore , Partner , Morrison & Foerster LLP

    Joseph Palmore is co-chair of the Appellate and Supreme Court Practice Group at Morrison Foerster. He is a former Assistant to the Solicitor General at the United States Department of Justice and Deputy General Counsel of the Federal Communications Commission (FCC). Mr. Palmore has argued 10 cases before the U.S. Supreme Court and served as primary author of more than 150 briefs in that Court. Mr. Palmore has handled appeals in a variety of areas important to businesses, including class action certification, false advertising, environmental regulation, intellectual property, ERISA, health care, and communications, and the Telephone Consumer Protection Act. Mr. Palmore submitted an amicus brief on behalf of MBA and other financial trade associations in PHH Corp. v. CFPB.

    Cheryl Chang , Partner , Blank Rome LLP

    Cheryl Chang is a partner in Blank Rome LLP’s litigation department and focuses her practice on consumer financial services and corporate litigation. Ms. Chang is responsible for managing Blank Rome’s West Coast consumer financial services litigation team.  She represents and counsels residential mortgage loan servicers, lenders, payment processors and other financial institutions, handling all phases of single party and class action litigation, from initial investigation through trial and appeal. Ms. Chang routinely handles a wide variety of claims and compliance issues relating to residential mortgage loan interests, debt collection, creditors’ rights and servicing issues, including securitization and standing, claims of wrongful foreclosure, violations of TILA, RESPA, FCRA, FDCPA, TCPA, state law UDAP claims, and a variety of common law claims. She also represents clients in privacy, data breach and cybersecurity related investigations and litigation and assists in managing risks associated with their privacy and cybersecurity practices through counseling and enterprise-wide assessments and compliance reviews.

    Daniel JT McKenna , Partner , Ballard Spahr LLP

    Daniel JT McKenna is a partner at Ballard Spahr LLP and devotes his practice to privacy and data security, consumer financial services, and mortgage banking litigation. As Co-Practice Leader of the Firm's Privacy and Data Security Group, Mr. McKenna's privacy practice focuses on new product and process design, privacy impact assessments and audits, privacy management and policy, incident planning, incident response and notification, third-party and vendor management, privacy counseling, regulatory comments, and litigation. His clients include banks, loan service providers, health care providers, manufacturers, colleges and universities, and member organizations. As a leader of the firm's Data Security Emergency Response Team, Mr. McKenna has successfully assisted various entities in navigating the incident response process, including identifying an internal response team, classifying risk and exposure, evaluating and coordinating notice, managing forensic audits, negotiating vendor responsibility, and resolving litigation. He also has assisted clients with various regulatory filings and comments related to changes in privacy laws. Mr. McKenna's consumer financial services practice focuses on individual and class litigation and arbitration in mortgage, credit card, debt-collection, auto loan, and servicing matters. His clients include banks and nonbank lenders, mortgage lenders and servicers, third-party service providers, auto lenders, and repossession companies. Mr. McKenna regularly represents clients in a variety of individual and class action matters, including claims brought under the Telephone Consumer Protection Act (TCPA), Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), Electronic Funds Transfer Act (EFTA), Home Ownership and Equity Protection Act (HOEPA), Equal Credit Opportunity Act (ECOA), Alternative Mortgage Transaction Parity Act (AMTPA), Uniform Commercial Code (UCC), and state Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) statutes. Mr. McKenna has trial experience in both federal and state courts and significant experience with JAMS and AAA.

    Thomas Hefferon , Partner , Goodwin Procter, LLP

    Thomas Hefferon is a partner in Goodwin Procter’s Litigation Department, resident in the Washington, D.C. office, and chair of the firm’s Financial Institutions Group. He specializes in the defense of financial institutions in the consumer financial services industry, including companies involved in mortgage lending and servicing, debt collection, automobile lending, and credit cards. These cases typically are class actions or multidistrict proceedings brought under federal or state statutes or the common law, filed in courts throughout the country. Mr. Hefferon also represents a number of different financial institutions in enforcement matters before federal and state administrative agencies, including the CFPB, Department of Justice, FTC, FDIC, HUD, and state civil rights, consumer protection, and licensing authorities, and matters involving various federal officials and state Attorneys General. Mr. Hefferon presented oral argument in the United States Supreme Court in Freeman v. Quicken Loans Inc., a RESPA class action in which his client, Quicken Loans, prevailed in a unanimous opinion.

    Philip Franklin , Senior Vice President, Regulatory Compliance , Prospect Mortgage, LLC

    Philip H. Franklin is Senior Vice President of Regulatory Compliance for Prospect Mortgage, LLC. He currently leads a team of compliance and legal professionals that are responsible for, among other duties, monitoring and reporting regulatory, legislative and judicial developments affecting nationwide loan origination and servicing activities; guiding the operational integration of regulatory changes for optimal compliance with applicable state and federal laws and regulations; and managing state and federal compliance examinations. For more than twenty years, he has been a compliance officer and attorney for numerous financial institutions.

  • Other CFPB Concerns, Including Vendor Management

    Location: Independence I


    Speaker(s)

    Peter Microulis , Chief Compliance Officer , Embrace Home Loans, Inc.

    Debbie Hoffman , Chief Legal Officer , Digital Risk, LLC

    Jeremy Potter , Associate Counsel , Quicken Loans, Inc.

    Jeffrey P. Naimon , Partner , BuckleySandler LLP

    Concurrent Session

    Read more Read less

    This session covers a variety of hot topics stemming from CFPB guidance not covered elsewhere on the agenda, including the complaints database, vendor management and more.

    Speaker(s)

    Peter Microulis , Chief Compliance Officer , Embrace Home Loans, Inc.

    Peter Microulis is the Chief Compliance Officer for Embrace Home Loans, a retail mortgage lender headquartered in Newport, RI. He manages the Regulatory Compliance, Quality Control and Consumer Complaint initiatives for Embrace’s nationwide lending activities, including its branch offices in more than a dozen states. Peter has logged more than a quarter century of service for Embrace, and has served as speaker/presenter at several mortgage conferences over that time. He was a charter member of the Mortgage Reg List forum.

    Debbie Hoffman , Chief Legal Officer , Digital Risk, LLC

    Debbie Hoffman is the Chief Legal Officer at Digital Risk, LLC, and the Head of Legal, North America, for Mphasis. Debbie oversees the regulatory compliance and legal functions for the company, including corporate governance, contracts, employment, litigation, cyber security and intellectual property. Debbie previously served as a real estate finance attorney at the law firm of Thacher Proffitt & Wood and was a professor of real estate law at the University of Central Florida. Debbie was selected as a 2014 and 2016 Woman of Influence by Housingwire Magazine and was awarded a 2015 Stevie® Award, Woman of the Year and a 2014 Stevie® Award, Female Executive. She is a frequent author in industry periodicals, a speaker at conferences and events, as well as a guest lecturer at universities of higher education.

    Jeremy Potter , Associate Counsel , Quicken Loans, Inc.

    Jeremy Potter joined Quicken Loans in 2016 as an Associate Counsel in the Legal Department. Potter is responsible for a variety of legal, regulatory compliance, state legislative affairs and consumer protection matters within Quicken. His responsibilities currently focus on Rocket Mortgage, fair lending, HMDA and data collection overall, third party due diligence, state regulatory exams and state legislative and regulatory changes. Potter also serves as Vice Chair to the Mortgage Bankers Association State Legislative and Regulatory Committee and a committee member for the Legal Issues and Regulatory Compliance Committee. He is also a Board Director for Massachusetts Mortgage Bankers Association (MMBA). Potter has also served MBA on the GSE Working Group and RESPA/TILA Task Force. Prior to Quicken Loans, Potter was the General Counsel and Chief Compliance Officer for Norcom Mortgage in Avon, CT. In that role, he created the compliance department, oversaw the policies & procedures for the mortgage operations, led all examinations, managed litigation matters and was responsible for the quality control and internal audit practices. He served or chaired several committees at Norcom and was a board member of the Norcom Cares Foundation.

    Jeffrey P. Naimon , Partner , BuckleySandler LLP

    Jeff Naimon is a partner in the Washington, DC office of BuckleySandler LLP, with more than 20 years of experience assisting banks, non-banks, other financial services providers and private equity sponsors with regulatory, enforcement, transactional, and litigation matters. He defends banks and other financial services companies facing regulatory examination or enforcement matters before the Consumer Financial Protection Bureau (CFPB), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System (FRB), and state banking and mortgage regulators, with a focus on fair lending, unfair, deceptive or abusive acts and practices (UDAAP), and other consumer protection issues. He also provides regulatory advice with a focus on consumer operations, and assists in drafting legislative or regulatory advocacy papers. He assists banks and non-banks structure, negotiate and operate a variety of vendor management and outsourcing programs and other third party arrangements, including performing due diligence, negotiating transactions, and advising on ongoing oversight protocols to meet OCC, Federal Reserve, FDIC and CFPB expectations for third party arrangements. He assists in negotiating acquisition, capital markets and servicing transactions. In this connection, he advises on how best to structure the transaction to reduce risk and minimize the time necessary to close the transaction, performs due diligence, and assists in obtaining necessary change of control and other regulatory approvals. He advises on the entire panoply of federal and state banking and consumer finance statutes. He works with clients to prepare compliance programs in connection with these laws and prepare for and respond to examinations by the CFPB, FDIC, FRB and state agencies. He has assisted many servicers in the interpretation of the Fannie Mae/Freddie Mac Uniform Security Instrument and other consumer credit obligations.

  • The New KBYO/TRID Changes

    Location: Independence E


    Speaker(s)

    Margaret England, Esq. , Vice President, Third Party Lending Operations Support , U.S. Bank, N.A.

    Richard J. Andreano, Jr. , Partner , Ballard Spahr LLP

    Benjamin K. Olson , Partner , BuckleySandler LLP

    John Levonick , Director, Regulatory Counsel , Clayton Holdings LLC

    Suzanne Garwood , Executive Director and Assistant General Counsel , JPMorgan Chase

    Richard Horn , Member , Richard Horn Legal PLLC

    Concurrent Session

    Read more Read less

    An expert panel looks at major issues under the Know Before You Owe (KBYO) or the TILA RESPA Integrated Disclosures (TRID) rule including the recently proposed changes. The panel discussion will include issues problematic to technologists, ancillary industries, investors and more.

    Speaker(s)

    Margaret England, Esq. , Vice President, Third Party Lending Operations Support , U.S. Bank, N.A.

    Margaret England provides regulatory compliance and operations support to Third Party Lending at US Bank, NA and has over 30 years’ experience as a Compliance Officer. Margaret began her career in North Carolina with legacy Wachovia Mortgage Company as Compliance Officer and Counsel. She has also worked as a Compliance Officer for First Union Mortgage, and as an executive Vice President of First Union’s vendor management company, GreenLink. After Wachovia Corporation was acquired by Wells Fargo, Margaret worked as a Compliance Officer for SunTrust Mortgage in Richmond, VA, and for EverBank in Jacksonville, FL.  She has provided compliance support for all residential mortgage origination channels including retail, consumer direct, wholesale broker and correspondent lending. Margaret has a Bachelor’s degree in MIS and Professional Accounting from Southern Illinois University and a Juris Doctorate from South Texas College of Law in Houston Texas. 

    Richard J. Andreano, Jr. , Partner , Ballard Spahr LLP

    Richard J. Andreano, Jr., is a Practice Leader of the Mortgage Banking Group at Ballard Spahr, and a member of the Consumer Financial Services Group. He has devoted over 30 years of practice to financial services, mortgage banking, and consumer finance law. Rich advises the mortgage and settlement service industries on regulatory compliance and related matters, including issues concerning the Dodd-Frank Wall Street Reform and Consumer Protection Act, Real Estate Settlement Procedures Act,, Truth in Lending Act, Equal Credit Opportunity Act, Fair Housing Act, Fair Credit Reporting Act (including FACTA), Home Mortgage Disclosure Act, and Gramm-Leach-Bliley Act. He assists clients with preparing for and handling CFPB examinations and with regulatory issues, including implementation of the CFPB TILA/RESPA Integrated (TRID) disclosure rule, the CFPB revisions to the HMDA rules, and compliance with the CFPB ability to repay, loan originator compensation, appraisal, escrow and servicing rules. Rich is the author of the MBA Compliance Essentials Loan Originator Compensation Rule Resource Guide™ and co-author of the MBA Compliance Essentials TILA/RESPA Integrated Disclosure (TRID) Resource Guide.

    Benjamin K. Olson , Partner , BuckleySandler LLP

    Benjamin K. Olson is a partner in the Washington, D.C. office of BuckleySandler LLP. Mr. Olson is the former Deputy Assistant Director of the Office of Regulations at the Consumer Financial Protection Bureau (CFPB) where he oversaw numerous Dodd-Frank Act rulemakings, including the TILA-RESPA Integrated Disclosure (TRID) rule, the Ability-to-Repay/Qualified Mortgage rule, the Mortgage Servicing rules, and the CFPB’s amendments to the Loan Originator Compensation rule. Before joining the CFPB, he played a leading role in the drafting of the rules implementing the Credit Card Accountability Responsibility and Disclosure (CARD) Act at the Federal Reserve Board. Prior to that, Mr. Olson served as an enforcement attorney in the Federal Trade Commission’s Division of Financial Practices, where he investigated financial service providers for unfair and deceptive practices (UDAPs) and other violations of consumer financial protection laws. A recognized authority in the field of consumer financial protection regulation and frequent speaker at industry conferences, Mr. Olson’s practice focuses on advising clients on compliance with mortgage and credit card regulations and responding to government inquiries.

    John Levonick , Director, Regulatory Counsel , Clayton Holdings LLC

    John Levonick is Director of Regulatory Counsel at Clayton Holdings LLC. Mr. Levonick has rich experience of advising mortgage industry participants on compliance, risk management and related legal matters. His expertise spans a wide array of consumer financial services regulatory compliance requirements and asset classes, including infrastructure related concerns, such as privacy, including TILA (Regulation Z), RESPA (Regulation X), FDCPA, UDAAP, FCRA/FACTA, ECOA (Regulation B), HMDA (Regulation C) and GLBA. He assisted clients in interpreting compliance requirements, developing risk mitigation strategies and implementing the requisite controls within technology platform(s) to best protect the individual client. Mr. Levonick works with creditors, servicers, secondary market participants and technology vendors in providing guidance on mortgage lending laws such as TILA, RESPA, FDCPA, FCRA/FACTA, ECOA, HMDA and GLBA (including fair lending, state anti-predatory and consumer credit). Mr. Levonick was also responsible for overseeing the compliance content of vendor technology platforms, including policy tracking, interpretation and rule implementation. His experience as Chief Legal Officer, Chief Compliance Officer, Regulatory Counsel and Associate General Counsel in the mortgage lending industry has given him the skills to provide the guidance and direction required to navigate the challenges of a constantly changing regulatory environment.

    Suzanne Garwood , Executive Director and Assistant General Counsel , JPMorgan Chase

    Suzanne Garwood is Executive Director and Assistant General Counsel in JPMorgan Chase’s mortgage banking department where she assists with the bank’s compliance related to mortgage production.  Prior to joining Chase, Suzanne was outside counsel at two Washington DC-based law firms.  While in private practice, Suzanne advised her clients with respect to compliance with consumer protection laws and advocated for her clients before the Consumer Financial Protection Bureau and Congress.

    Richard Horn , Member , Richard Horn Legal PLLC

    Richard Horn led the final TRID rule while a Senior Counsel & Special Advisor in the Consumer Financial Protection Bureau’s Office of Regulations. He also led the CFPB’s design and consumer testing of the TRID disclosures. Richard is one of the foremost experts on the rule. He is currently in private practice at Richard Horn Legal, PLLC. Prior to joining the CFPB, Richard was a Senior Attorney at the Federal Deposit Insurance Corporation (FDIC) in the New York Regional Office. At the FDIC, Richard worked on consumer compliance and risk management supervisory matters and enforcement actions, including TILA, RESPA section 8, UDAP, HMDA, and fair lending. Richard advises banks, credit unions, non-bank mortgage lenders and brokers, investors, title insurance companies, and technology vendors on all federal and state consumer finance regulatory compliance matters. He advises on TRID, RESPA section 8 (MSAs, Affiliated Business Arrangements, etc.), the Ability to Repay/Qualified Mortgage rule, the Loan Originator Compensation rule, UDAAP, FCRA, ECOA, HMDA, state licensing and high cost loan laws, and other laws. He also conducts TRID file reviews and staff training for his clients.

  • Refreshment Break

    Location: Independence Foyer,
    Lafayette Park/Farragut Square

    Refreshment Break

  • HMDA — Big Issues Overview

    Location: Independence E


    Speaker(s)

    Leslie A. Sowers , Partner , Weiner Brodsky Kider PC

    Michael Sullivan , Senior Vice President and General Counsel , Pulte Mortgage LLC

    Sheila M. Strong , Vice President, Compliance and General Counsel , AmeriFirst Financial Corporation

    John Haring , Director, Compliance Enablement Manager , Ellie Mae, Inc.

    Sheila Lee , Mortgage Specialist, Mortgage Markets Research, Markets & Regulations , Consumer Financial Protection Bureau (CFPB)

    Terry Randall , Counsel , Consumer Financial Protection Bureau (CFPB)

    Concurrent Session

    Read more Read less

    Expert panelists will examine major issues under the CFPB’s Final HMDA Rule including its new coverage, data and reporting requirements. Panelists will highlight implementation challenges and offer advice on how best to prepare to comply. Please note that due to the breadth of the topic and the limited time available for this session, this necessarily will provide a significant abridgement of material covered in the Sunday workshop.

    Speaker(s)

    Leslie A. Sowers , Partner , Weiner Brodsky Kider PC

    Leslie A. Sowers is a Partner with Weiner Brodsky Kider PC and focuses on federal regulatory and compliance matters related to the financial services industry. Leslie advises financial institutions and mortgage companies on the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Real Estate Settlement Procedures Act (RESPA), Truth-in-Lending Act (TILA), the TILA RESPA Integrated Disclosures (TRID) Rule, as well as on loan originator compensation requirements, and other consumer finance regulatory matters. She works with companies to develop policies and procedures to ensure compliance with the Equal Credit Opportunity Act (ECOA), Home Mortgage Disclosure Act (HMDA), and other fair lending and fair housing requirements. Additionally, Leslie regularly guides companies through the complexities of the Fair Credit Reporting Act (FCRA), Gramm-Leach-Bliley Act (GLBA), and other financial privacy matters. Leslie also assists companies in preparing for and successfully navigating supervisory examinations, develops compliance policies and procedures, counsels on the requirements of FHA, VA, Fannie Mae and Freddie Mac, and prepares complex regulatory analyses of matters pertaining to residential mortgage lending and servicing. Leslie is co-author of Consumer Protection and Mortgage Regulation under Dodd-Frank, published by Thompson Reuters.

    Michael Sullivan , Senior Vice President and General Counsel , Pulte Mortgage LLC

    Michael Sullivan is Senior Vice President, General Counsel for Pulte Financial Services, LLC in Englewood, Colorado where he is responsible for the legal operations of the Pulte Mortgage LLC, as well as the title and insurance businesses owned by PulteGroup, Inc., one of the nation’s largest homebuilders. Previously, Michael was a Partner in the Corporate Litigation Group of Blank Rome LLP in Philadelphia and also was Vice President, Senior Counsel at GE Capital Mortgage Services in Cherry Hill, New Jersey. Michael is a fellow of the American College of Consumer Financial Services Lawyers and a past chairman of the MBA’s Legal Issues Committee, a member of the American Bar Association Consumer Financial Services Committee and a member of the Board of Governors of the Conference on Consumer Finance Law.

    Sheila M. Strong , Vice President, Compliance and General Counsel , AmeriFirst Financial Corporation

    Sheila M. Strong is the Vice President of Compliance and General Counsel at AmeriFirst Home Mortgage (“AmeriFirst”) in Kalamazoo, Michigan. As a member of the senior management team, Ms. Strong ensures that compliance is at the forefront of AmeriFirst operations and strategic planning through her Compliance Management System. The Compliance Management System implements, monitors, improves, and revises corporate policies and procedures to serve the mortgage needs of consumers in a manner that is consistent with ethical lending and servicing practices. As a former mortgage loan originator, Ms. Strong brings real-world experiences in implementing compliance management strategies. Accordingly, with a team of 21 full time compliance employees, Ms. Strong works proactively and collaboratively with each AmeriFirst department to ensure and effective and comprehensive compliance with federal, state, and local rules and regulations. Ms. Strong also serves as the Vice Chair for the MBA Legal Issues Committee.

    John Haring , Director, Compliance Enablement Manager , Ellie Mae, Inc.

    John Haring serves as the Director of Compliance Enablement manager for Ellie Mae® (NYSE: ELLI), a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry. He is responsible for facilitating the implementation and maintenance of residential mortgage lending compliance and industry changes across Ellie Mae’s various software applications, systems, and residential mortgage loan documents. Prior to joining Ellie Mae, he served as the vice president of compliance for Supreme Lending, and has spent the better part of the last decade supporting banks, lenders and brokers in keeping up with significant regulatory changes impacting the mortgage industry. In 2015 Haring was named one of HousingWire’s Rising Stars in recognition for his accomplishments in helping the industry prepare for implementing “Know Before You Owe”.

    Sheila Lee , Mortgage Specialist, Mortgage Markets Research, Markets & Regulations , Consumer Financial Protection Bureau (CFPB)

    Sheila Lee is a Mortgage Specialist in the division of Research, Markets & Regulations (RMR) with the Consumer Financial Protection Bureau. As a member of the Mortgage Markets team, she is accountable for leading interactions with technology vendors and service providers to assist with the successful implementation of Bureau regulations and projects. She joined the Bureau with over 30 years of service in the real estate, mortgage, and loan origination software (LOS) industries.
    She began her mortgage career as a loan originator in Middle Tennessee; later working as an office manager in Glastonbury, CT. She moved into the mortgage software arena in 1997; writing requirements for Agency updates; serving as lead compliance analyst on HMDA changes introduced in 2004 and served as Lead Compliance/Business Analyst on ATR/QM and KBYO before joining the Bureau in January, 2016.

    Terry Randall , Counsel , Consumer Financial Protection Bureau (CFPB)

  • RESPA Now - Compliance after PHH

    Location: Independence A


    Speaker(s)

    Phillip Schulman , Partner , Mayer Brown LLP

    Sarah Auchterlonie , Special Counsel , Carlton Fields Jorden Burt

    Mitchel H. Kider , Chairman and Managing Partner , Weiner Brodsky Kider PC

    Brian S. Levy , Of Counsel , Katten & Temple, LLP

    Amy Thoreson Long , Senior Counsel , Wells Fargo Bank, N.A.

    Concurrent Session

    Read more Read less

    The CFPB has articulated new stringent interpretations of RESPA and given considerable attention to UDAAP in its enforcement cases. Hear experts consider a range of arrangements including marketing on mobile apps and otherwise, social media and real estate search engines, in light of RESPA and UDAAP.

    Speaker(s)

    Phillip Schulman , Partner , Mayer Brown LLP

    Phillip Schulman is a partner in Mayer Brown's Washington DC office and a member of the Consumer Financial Services group. His practice focuses on a range of matters related to real estate finance, mortgage banking and consumer finance in both the primary and secondary markets. He represents companies in the mortgage lending, title insurance and real estate industries in connection with administrative and regulatory compliance matters, including those involving the Consumer Financial Protection Bureau (CFPB), the US Department of Housing and Urban Development (HUD), the US Department of Veterans Affairs (VA), Ginnie Mae, Fannie Mae and Freddie Mac. He advises clients on matters related to approval, origination and servicing requirements under the US Federal Housing Administration's single-family loan programs. He also defends companies in connection with governmental audits, investigations and enforcement proceedings, before, among others, the CFPB, HUD, the VA, the DOJ and the Federal Trade Commission, with particular focus on defense of False Claims Act, Financial Institutions Reform, Recovery, and Enforcement Act, Mortgage Review Board and Real Estate Settlement Procedures Act enforcement matters. Phillip develops and analyzes proposed business plans and drafts related agreements and disclosures based upon applicable US federal and state laws, regulations and rules, such as the Real Estate Settlement Procedures Act, the Truth-in-Lending Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Fair Housing Act, state licensing laws, consumer credit laws, usury laws, unfair and deceptive trade laws and real property laws. Phillip also performs regulatory compliance due diligence and assists with structuring operations and developing compliance management systems. He acts as regulatory counsel to the FAIR Coalition and defends clients in government investigation and enforcement proceedings concerning valuation issues. Phillip also assists with litigation involving regulatory compliance matters, consumer class action lawsuits and commercial claims. Phillip was nationally ranked by Chambers USA 2012-2014 under Financial Services Regulation: Consumer Finance (Compliance) (Band 2). He is a member of the American College of Financial Services Lawyers and is the former general counsel to the Home Improvement Lenders Association and the former assistant general counsel of the Inspector General and Administrative Proceedings Division, US Department of Housing and Urban Development. Phillip is ranked by The Legal Network as one of the Top Lawyers in Washington, DC for 2013, and is peer rated in the Martindale-Hubbell directory as AV Preeminent, the highest level of professional excellence.

    Sarah Auchterlonie , Special Counsel , Carlton Fields Jorden Burt

    Sarah Auchterlonie is Special Counsel at Carlton Fields and is a former Assistant Litigation Deputy and Acting Deputy Director of Enforcement at the Consumer Financial Protection Bureau. Ms. Auchterlonie is one of the few attorneys in the nation with experience inside both a federal prudential regulator and the CFPB’s Office of Enforcement. She transferred to the CFPB on the agency’s first day from the Office of Thrift Supervision. As a lawyer at two financial regulators, she is responsible for many legal “firsts” in financial regulation. At OTS, she represented the agency in the only challenge to an FDIC receivership in the wake of the financial crisis, United Western Bank v. OTS, et. al. She filed the first joint lawsuit by the CFPB and the U.S. Department of Justice to enforce federal fair lending laws, CFPB et. al. v. National City Bank. And she supervised enforcement counsel in the CFPB's first administrative proceeding and appeal to the Bureau Director, In the Matter of PHH Corp., a groundbreaking litigation in mortgage origination and CFPB authorities.

    Mitchel H. Kider , Chairman and Managing Partner , Weiner Brodsky Kider PC

    Mitchel H. Kider is the Chairman and Managing Partner of Weiner Brodsky Kider PC, a national law firm specializing in the representation of financial institutions, residential homebuilders, and real estate settlement service providers. In his 35 years as a practicing attorney, Mitch has represented banks, mortgage companies, homebuilders, credit card issuers, and other financial service companies in a broad range of litigation and regulatory and compliance matters. He represents clients in investigative and enforcement actions before the Consumer Financial Protection Bureau, Department of Housing and Urban Development, Department of Veterans Affairs, Department of Justice, Federal Trade Commission, Ginnie Mae, Fannie Mae, Freddie Mac, and various state and local regulatory authorities and Attorneys General offices. Mitch speaks frequently on regulatory and litigation matters before trade associations and other industry groups. He is a Fellow of the American College of Consumer Financial Services Lawyers, and a Faculty Fellow of the Mortgage Bankers Association. Mitch is the author of six books pertaining to residential mortgage finance and also has written numerous law review and real estate journal articles on the subject. His most recent books are Consumer Protection and Mortgage Regulation Under Dodd-Frank (West/Thomson Reuters 2016) and Real Estate and Mortgage Banking: A New Era of Regulatory Reform (West/Thomson Reuters 2015-2016).

    Brian S. Levy , Of Counsel , Katten & Temple, LLP

    Brian S. Levy, Of Counsel with Katten & Temple, LLP, provides compliance, transactional and regulatory guidance for banks, mortgage originators and related providers. Brian has unique sales and in-house experience enabling him to provide practical and creative guidance on matters such as RESPA (MSA’s, lead sharing, joint marketing, desk leases, AfBA’s, etc.), mortgage repurchase defense, loan sales, loan officer compensation and other regulatory requirements and enforcement issues for originators.  Brian is a frequent conference speaker and is also a member of the American College of Consumer Financial Services Lawyers and the American College of Mortgage Attorneys. Among other articles and publications, Mortgage Banking Magazine featured his article, CFPB’s Enforcement-First Approach Buybacks-They’re Not Going Away in September 2013. More recently, Mortgage Banking’s April 2016 edition contained Brian’s latest article criticizing the CFPB’s enforcement-based method of providing compliance guidance.  Brian was General Counsel to Guaranty Bank in Milwaukee WI for 15 years and prior to that worked for 5 years in private practice handling primarily commercial real estate law with what is now the international law firm DLA

    Amy Thoreson Long , Senior Counsel , Wells Fargo Bank, N.A.

  • State Compliance Initiatives, Including KBYO/TRID

    Location: Independence I


    Speaker(s)

    Holly Guest , Chief Compliance Officer , Residential Bancorp

    Loretta Salzano , Partner , Franzen and Salzano, PC/ComplyShare, LLC

    Mary M. Pfaff , Senior Policy Director , Conference Of State Bank Supervisors

    E. Robert Levy , Principal Attorney , Offit Kurman, P.A.

    Scott Nowak , Assistant Director, State Government Affairs , Mortgage Bankers Association

    Concurrent Session

    Read more Read less

    State legislation, regulation, supervision and enforcement efforts affecting the industry abound. An expert panel of regulators and industry representatives will review the latest state law developments and trends including changes to the call report, multistate examination, servicing regulation, KBYO/TRID examination and more.

    Speaker(s)

    Holly Guest , Chief Compliance Officer , Residential Bancorp

    Holly Guest is the Chief Compliance Officer for Residential Bancorp. Holly leverages her 25+ years as a Chief Compliance Officer & Risk Officer in the banking and mortgage lending industry. She was a past speaker at industry risk conferences, a published author and created Enterprise Risk Assessment Programs, Compliance Management Systems, Compliance Programs, Audit Programs and Training Programs. Her tenure in the mortgage lending industry has helped her specialize in compliance and risk management and provide best practice guidance on state laws and federal regulations relating to all aspects of consumer compliance. Prior to joining Residential Bancorp, she held the position of VP of Compliance with several large lenders and was responsible for the oversight of their CMS and managed all aspects of regulatory compliance inclusive of the implementation of new rules. Additionally she was the Compliance and Risk consultant for a major firm whereby she provided enterprise risk management guidance including the performance of institutional risk management gap assessments, conducting staff and Board training, examination preparation, and conducted risk assessments.

    Loretta Salzano , Partner , Franzen and Salzano, PC/ComplyShare, LLC

    Loretta Salzano founded Franzén and Salzano in 1997 after serving as in-house counsel to financial institutions. Loretta manages the firm’s state and federal compliance practice. She is also a founder of ComplyShare, a mortgage compliance company.  Loretta advises banks, mortgage lenders, and other settlement service providers on how to increase their business while remaining within the confines of the laws of all 50 states and federal law. Loretta advises her clients regarding fair lending, compensation, marketing, licensure, fees, disclosures, reporting, and other matters related to their products and services. She drafts and negotiates contracts, including service agreements, compensation agreements, loan purchase and sale agreements and warehouse documents. Loretta also assists clients in responding to regulatory examinations.  Loretta was named a Top Compliance Lawyer by Mortgage Compliance Magazine, is a Fellow of the American College of Consumer Financial Services Attorneys and serves as Legal Counsel to the Mortgage Bankers Association of Georgia. She frequently speaks on mortgage issues.

    Mary M. Pfaff , Senior Policy Director , Conference Of State Bank Supervisors

    Mary M. Pfaff is Senior Policy Director at the Conference of State Bank Supervisors in Washington, D.C. In that role, she works with state regulator and industry users of the Nationwide Multistate Licensing System & Registry (NMLS) on regulatory and policy issues related to state coordination. She is also responsible for assisting in the development and management of state licensing-related legislative and regulatory issues as well as management of various NMLS functionality enhancements, including development of an examination management tool system for state regulators. Prior to joining CSBS in May of 2009, she was the Director of State Government Relations at Freddie Mac where she was responsible for developing and representing Freddie Mac’s views and positions on legislative and regulatory initiatives to state officials and their staffs, and for leading corporate responses to state initiatives. In addition to her position at CSBS, Ms. Pfaff is co-author of Residential Mortgage Lending: State Regulation Manual published by ThomsonReuters. Prior to coming to Freddie Mac in 1992, Ms. Pfaff was a Government Relations Liaison with a D.C. law firm specializing in mortgage banking issues and spent nine years as the MBA of America's State and Local MBA Liaison.

    E. Robert Levy , Principal Attorney , Offit Kurman, P.A.

    E. Robert Levy, is a Principal Attorney with Offit Kurman, P.A. Mr. Levy represents mortgage bankers, brokers and financial institutions in connection with Federal and state regulatory matters. He is Executive Director of, and Counsel to the Mortgage Bankers Association of New Jersey and the Pennsylvania and New Jersey Associations of Mortgage Brokers, He is the Legislative/Regulatory Counsel to the Mortgage Bankers Association of Pennsylvania. Mr. Levy serves on the Advisory Board to the New Jersey Department of Banking And Insurance. Mr. Levy serves on the New Jersey Residential Mortgage and Consumer Finance Advisory Board for the Department of Banking and Insurance. He is a member of AARMR’s Industry Advisory Council and services as its Chairman for many year (he recently was given an award for his years of service as Chairman). He served on the Transition Team for New Jersey Department of Banking and Insurance, which advised Governor McGreevey’s regarding the structure and activities of the agency. Mr. Levy was Deputy Commissioner of the State of New Jersey, Department of Banking and Insurance and a State Deputy Attorney General, in which capacity he served as counsel to the Department. Mr. Levy was instrumental in the drafting of the original license laws and regulations and their latter amendments for Pennsylvania and New Jersey. He also assisted with the drafting of the Model License Act utilized by the states in meeting the requirement of the SAFE Act. A nationally recognized authority on the Real Estate Settlement Procedures Act (RESPA), he testified before Congress and HUD at RESPA hearings dealing with referral fees. He is a frequent speaker on regulatory matters affecting the mortgage banking industry.

    Scott Nowak , Assistant Director, State Government Affairs , Mortgage Bankers Association

    Scott Nowak is Assistant Director of State Government Affairs at the Mortgage Bankers Association. In that capacity, he manages MBA’s advocacy efforts at the state and local level as well as MBA’s engagement with state mortgage banking associations across the country. Scott also supports the needs of MBA member firms through management of MBA’s Residential Board of Governors (RESBOG) and as the lead staff representative to MBA’s State Legislative and Regulatory Committee (SLRC). Scott has played a leading role in key MBA advocacy campaigns, including the fight to prevent mortgage seizures through eminent domain utilization; efforts to streamline state industry licensing requirements; efforts to responsibly expedite foreclosure processes for vacant and abandoned properties; and the fight to prevent private liens from obtaining priority over a mortgage, despite the private lien’s junior recordation. His contributions have included in-depth legislative analysis and bill drafting, the writing of advocacy letters, public speaking engagements, and coalition building and strategy development amongst key parties.

  • Refreshment Break

    Location: Independence Foyer,
    Lafayette Park/Farragut Square

  • Developments in Loan Officer Compensation and Fair Labor Standards Act

    Location: Independence I


    Speaker(s)

    R. Colgate Selden , Counsel , Alston & Bird, LLP

    German Salazar , Vice President and General Counsel , AmeriFirst Financial, Inc.

    Russell R. Bruch , Of Counsel , Morgan Lewis & Bockius LLP

    Joseph E. Mayk , Partner , Hudson Cook, LLP/CounselorLibrary

    Andy Lusk , Senior Counsel , Quicken Loans Inc.

    Read more Read less

    This session provides guidance on how to implement the new overtime requirements under the new Fair Labor Standards Act and it also looks at emerging enforcement and other developments under the CFPB’s loan officer compensation rules.

    Speaker(s)

    R. Colgate Selden , Counsel , Alston & Bird, LLP

    R. Colgate Selden is a counsel at Alston & Bird LLP where his national practice focuses on guiding clients through the full array of federal and state origination, servicing, debt collection, and secondary market compliance issues. Prior to joining Alston & Bird LLP, Colgate was a founding member of the U.S. Treasury Department team that created the CFPB and started the TRID rulemaking before being among the first employees of the CFPB’s Office of Regulations. As a senior counsel at the CFPB, he developed and drafted LO Comp, TRID, ATR/QM, HOEPA, HELOC and AMTPA policy and rules. Colgate also led the teams that provided CFPB interpretations to industry, Congress and other stakeholders for TILA Mortgage and FDCPA inquiries. Additionally, he was a senior advisor on the RESPA Section 8 and Privacy policy teams. Before the CFPB Colgate was in private practice where he counseled a wide variety of financial services clients and related outsource and settlement service providers.

    German Salazar , Vice President and General Counsel , AmeriFirst Financial, Inc.

    Germán A. Salazar is the Vice President and General Counsel of AmeriFirst Financial, Inc., a residential mortgage lender and servicer. He is responsible for the company’s regulatory compliance, litigation management, corporate governance, internal investigations, contracts, regulatory examinations, employment law, advertising and marketing compliance, privacy, and intellectual property as well as managing its real estate transactions and leasing. Germán’s experience includes being the managing partner of a mid-size law firm as well as various in-house legal positions building and managing legal departments in mortgage origination and servicing companies.

    Russell R. Bruch , Of Counsel , Morgan Lewis & Bockius LLP

    Russell R. Bruch is an attorney with Morgan Lewis who defends corporate clients in employment litigation, including collective and class actions and wage and hour matters, in US federal and state courts. He represents clients at the district court and appellate levels in claims under the FLSA, ADA, ADEA, and Title VII. He also arbitrates and litigates matters relating to the enforcement of noncompetition agreements and employment contracts. Russell advises clients in diverse sectors on compliance with the FLSA, the Service Contract Act, state wage and hour issues, and wage payment requirements. He also counsels on employment policies and procedures, hiring and termination issues, and executive employment contracts in order to help clients avoid claims and litigation. Through his experience conducting numerous comprehensive internal wage and hour audits for clients, Russell helps to properly classify employees as exempt or nonexempt, and to bring other wage and hour and wage payment practices into compliance. He also works with employers to manage financial and employee relations issues associated with reclassification projects. Russell has represented clients in US Department of Labor (DOL) audits and negotiated favorable settlements. Russell has advised clients regarding compliance with the Service Contract Act and other wage and hour requirements for government contractors. He also conducts board-level independent investigations of alleged code of conduct violations, workplace harassment claims, and whistleblower allegations.

    Joseph E. Mayk , Partner , Hudson Cook, LLP/CounselorLibrary

    Jed Mayk is a partner in the West Chester, Pennsylvania office of Hudson Cook, LLP and Chair of the firm’s Mortgage Practice Group. He concentrates his practice on state and federal regulatory compliance for the mortgage, home equity, and other consumer lending programs of depository institutions and licensed lenders, including state licensing laws and FHA, VA and GSE requirements. Jed counsels clients on TILA, RESPA and the other core mortgage banking laws and regulations, as well as on federal real estate lending and appraisal rules for depository institutions, OCC preemption, exportation and most favored lender issues, and DIDMCA/AMTPA preemption. Jed is the co-Editor in Chief of HouseLaw and a co-author of the RESPA/TIL Integrated Disclosures chapter of The Law of Truth in Lending. Jed also speaks regularly on issues affecting the mortgage and real estate markets. Jed is the past Chair of the Pennsylvania Bar Association’s Consumer Law Committee, and is a member of the Mortgage Bankers Association’s Legal Issues, Regulatory Compliance and Quality Assurance Committee. He is also a member of the Consumer Financial Services Committee of the American Bar Association.

    Andy Lusk , Senior Counsel , Quicken Loans Inc.

    Andy Lusk is Senior Corporate Counsel of Quicken Loans Inc., based in Detroit, Michigan. Quicken Loans, the nation’s largest online mortgage lender, today was named a top-five place to work nationwide in FORTUNE Magazine’s annual ranking of the “100 Best Companies to Work For.”   Andy is responsible for all litigation and employment matters at Quicken Loans. In 2011, he successfully directed the defense of Quicken Loans in a six-week FLSA collective action jury trial. In 2012, he again successfully defended the company – this time concerning a RESPA putative class action – all the way to the Supreme Court of the United States, where the victory was affirmed in a unanimous decision. Before he joined Quicken Loans in 2005, he was a member of the litigation practice at Dykema Gossett PLLC in Bloomfield Hills, Michigan.

  • Fair Lending with an Eye to HMDA Changes

    Location: Independence A


    Speaker(s)

    Michael Flynn , Partner , Goodwin Procter, LLP

    Kyung Cho-Miller , Managing Director and CRA & Fair Lending Counsel , JPMorgan Chase

    Paul F. Hancock , Partner , K&L Gates

    Lisa Klika , Chief Compliance Officer, Senior Vice President , Guild Mortgage Company

    Tim Lambert , Senior Counsel, Office of Fair Lending and Equal Opportunity , Consumer Financial Protection Bureau (CFPB)

    Read more Read less

    Fair lending enforcement remains a very high government priority. Join this expert panel to review recent fair lending actions and orders affecting a range of business models and practices. The panel will give particular attention to the use of HMDA data in enforcement today and consider the likely effect of additional data elements to be reported, going forward. Panelists also will discuss what the focus of companies’ fair lending analyses should be.

    Speaker(s)

    Michael Flynn , Partner , Goodwin Procter, LLP

    Michael Flynn is a partner in Goodwin Procter LLP’s Consumer Financial Services, Banking, and FinTech practices, where he utilizes his experience in senior positions in the federal governmental and consumer financial services companies to advise clients on mortgage, consumer financial services and banking regulatory and operational matters.  In his career, he has served as the Acting General Counsel of the U.S. Department of Housing and Urban Development, and as General Counsel of Flagstar Bank, where Compliance also reported to him, and as General Counsel of PNC Mortgage.  He has extensive background in dealing with regulators, including the CFPB, and broad experience with corporate oversight of sensitive regulatory areas.  He is a Fellow of the American College of Consumer Financial Services Lawyers, the American College of Mortgage Attorneys, and the American College of Real Estate Lawyers, and is a frequent speaker on consumer financial services and regulatory matters. 

    Kyung Cho-Miller , Managing Director and CRA & Fair Lending Counsel , JPMorgan Chase

    Kyung Cho-Miller is Managing Director and CRA & Fair Lending Counsel at JPMorgan Chase.  As fair lending counsel she works closely with the Corporate Fair Lending team to review and test aspects of the different lines of business within the firm for fair lending compliance and risk.  Kyung also supports the Community Reinvestment and Community Partnerships (CRCP) team in the collection and reporting of firm-wide data, program management, compliance and management of non-profit relations in connection with the Community Reinvestment Act (CRA).  She also works with Exam Management on federal and investor exams related to fair lending (including the Fair Housing Act), CRA and the Home Mortgage Disclosure Act.  Before her fair lending role, she provided guidance on Dodd-Frank regulations and provided legal support on all aspects of the originations business, including product development, federal and investor exams, and compliance with HMDA, ECOA, RESPA and TILA.  Prior to joining Chase in October 2010, Kyung worked at Fannie Mae in several positions in the legal department and executive office; as Associate General Counsel at CitiFinancial; and, as Counsel at the Division of Consumer and Community Affairs of the Federal Reserve Board.   

    Paul F. Hancock , Partner , K&L Gates

    Paul Hancock is a Partner at K&L Gates. Mr. Hancock focuses his practice on litigation and defense of federal and state government investigations. A primary focus has been the financial services industry, where he has represented the nation’s largest financial institutions as well as other industry members, large and small, facing governmental or private claims. He has provided the views of the industry, on behalf of trade groups, to the Supreme Court and to government agencies considering rules. He has represented other diverse businesses facing governmental legal risks, such as colleges, medical device companies, internet advertising companies, a major newspaper and a national television network. Much of his work has involved claims of violations of civil rights and consumer protection laws. He frequently defends businesses before the U.S. Department of Justice, HUD, the Federal Trade Commission, federal and state banking agencies, and state attorneys general, as well as in federal and state courts. He has defended private claims raising similar issues, including private class actions.

    Lisa Klika , Chief Compliance Officer, Senior Vice President , Guild Mortgage Company

    Lisa Klika is the Chief Compliance Officer and Senior Vice President for Guild Mortgage Company. Guild is a privately owned mortgage banking company that was established in 1960 and is headquartered in San Diego, California. Guild has nearly 300 branch offices and lends throughout the United States via its retail and correspondent divisions. The company also services a portfolio of over $22 billion in loans. Lisa oversees the Compliance Management Division at Guild and is responsible for the company’s fair lending, compliance, internal audit, quality assurance, and legal matters. Lisa manages state and federal regulatory agency filings, licensing, consumer complaints, regulatory inquiries and audits, analyzes regulatory changes and areas of risk to assess impact to the company. She directs related policy and operational changes and system controls, including those that ensure compliance with major regulatory changes such as the TILA RESPA Integrated Disclosure rule. Lisa graduated with a B.S. from Oregon State University and is working towards a M.S. in Executive Leadership at the University of San Diego. She graduated from the MBA’s Future Leaders Program in 2007 and participated in the California MBA’s Future Leaders Program in 2009. Lisa served as Chairperson of the MBA’s Regulatory Compliance Sub-Committee from 2010 to 2013.

    Tim Lambert , Senior Counsel, Office of Fair Lending and Equal Opportunity , Consumer Financial Protection Bureau (CFPB)

    Tim Lambert is a Senior Counsel at the Consumer Financial Protection Bureau’s Office of Fair Lending and Equal Opportunity. Formerly, he was a Trial Attorney in the Civil Rights Division of the Department of Justice and, more recently, the Deputy Assistant General Counsel for Fair Housing Enforcement at the Department of Housing and Urban Development. He served as a judicial clerk on the Court of Appeals for the Second Circuit for the Honorable Sonia Sotomayor and received his J.D. from the Georgetown University Law Center where he was senior articles editor of The Georgetown Law Journal.

  • Planning for CFPB TRID and Servicing Exams

    Location: Independence E


    Speaker(s)

    Bonnie Six , Senior Vice President, Technology , Quicken Loans, Inc.

    Vernon Tanner , Vice President and Compliance Manager , Crescent Mortgage Company

    Lucy Morris , Partner , Hudson Cook, LLP/CounselorLibrary

    John Vong, CMB, CMT , President and Co-Founder , ComplianceEase

    Donald C. Lampe , Partner , Morrison & Foerster LLP

    Read more Read less

    Learn what to expect in CFPB exams on KBYO/TRID and Servicing. Find out what priority areas are under review, the known triggers for examination and hear pointers on how lenders should respond prior to and during the examination and enforcement process.

    Speaker(s)

    Bonnie Six , Senior Vice President, Technology , Quicken Loans, Inc.

    Bonnie Six is the Senior Vice President of Technology team for Quicken Loans. She joined the company in 2001. Prior to Quicken Loans Bonnie’s experience included 14 years at Bank of New Hampshire, where she worked in various mortgage lending areas until finally following her passion for technology at EDS and GMACM. In her 15 years at Quicken Loans, Bonnie has been dedicated to developing our origination and servicing technology platforms. Marrying business knowledge and technology, Bonnie currently leads the Industry Platforms team that focuses specifically on applications for Capital Markets, Servicing & Compliance. The Compliance team is responsible for meeting all the technology needs for our Legal and Compliance teams. Their goal is to simplify those complex regulations into simple solutions so that our team members don’t have to think about them. The regulations that the Compliance team regularly tackle are Qualified Mortgage (QM); High Cost; Higher Priced; Tangible Net Benefits; Licensing; ECOA and Fair Lending and TRID.

    Vernon Tanner , Vice President and Compliance Manager , Crescent Mortgage Company

    Vernon Tanner joined Crescent Mortgage Company in 2013 as the Compliance Manager with a career that spans of over 25 years in the banking industry. He was a Bank Examiner before entering the private sector, becoming a Credit Officer, Loan Officer, and Chief Compliance Officer. He’s served in leadership positions for many years in our trade associations, including the Georgia Bankers Association Credit Committee and Compliance Committee, and the Community Bankers Association’s Regulatory Forum as well as a guest faculty member at their annual Compliance School. He’s also a member of the Mortgage Bankers Association of Georgia Compliance Committee. He’s been a panel participant for the Atlanta chapter of the Professional Risk Managers International Association, and for CPA firms advising Banks. He was published in an American Bankers Journal article regarding the use of Enterprise Risk Management principals in a Bank’s Compliance Management System.

    Lucy Morris , Partner , Hudson Cook, LLP/CounselorLibrary

    Lucy Morris is a partner with Hudson Cook LLP. Her practice concentrates on consumer financial services and consumer protection matters. Lucy counsels financial institutions in complying with federal consumer financial laws and represents clients in government investigations, examinations, and enforcement actions. From 2011-2014, Lucy served as a Deputy Enforcement Director at the CFPB, where she oversaw investigations and litigation relating to consumer finance. From 2010-2011, Lucy served as a founding member of the CFPB Implementation Team, helping to stand up the Bureau's enforcement, supervision, and other functions. Before the CFPB, Lucy worked at the Federal Trade Commission for 21 years. She served in a variety of positions in the FTC's Bureau of Consumer Protection, including Assistant Director for Financial Practices. Before joining the FTC, Lucy worked for three years as a litigation associate in Seattle, Washington.

    John Vong, CMB, CMT , President and Co-Founder , ComplianceEase

    John Vong is co-founder and president of LogicEase Solutions Inc. (ComplianceEase®). ComplianceEase is a leading provider of regulatory compliance risk management solutions to the U.S. financial services industry. ComplianceEase’s flagship product ComplianceAnalyzer® is the residential mortgage industry's most adopted automated compliance solution. ComplianceEase combines regulatory expertise with innovative technology to power end-to-end risk management solutions that help financial institutions improve compliance controls and increase profitability. The company's growing client base includes financial institutions, service providers, law firms, government-sponsored enterprises (GSE) and three of the top five banks in the U.S. ComplianceEase's automated compliance solutions have also been adopted as e-Exam tools by federal and state banking and mortgage regulators. Mr. Vong founded ComplianceEase in 2001 after first entering the mortgage industry by founding the mortgage bank Integrated Capital Group, Inc. headquartered in San Francisco in 1986. Integrated Capital Group was sold to The Money Store Inc. (NYSE: MON) in 1997 and subsequently sold to First Union Bank (NYSE: FTU) in 2000. After serving as an executive in a regulated financial institution, it was then that he developed his passion for managing regulatory compliance risk with automation. Mr. Vong has been very instrumental in the development of regulatory initiatives with the Conference of State Bank Supervisors (CSBS) by creating an electronic examination (e-Exam) solution for regulatory agencies after the mortgage industry meltdown in 2007.

    Donald C. Lampe , Partner , Morrison & Foerster LLP

    Donald C. Lampe is a partner in the Financial Services Group in the Washington D.C. office of Morrison & Foerster. Mr. Lampe represents banks, mortgage companies, insurance underwriters and agents and other financial services providers in a variety of financial services and bank regulatory matters. He devotes significant time to counseling innovative financial services companies bringing products and services to market through technology-driven platforms (FinTech).

  • Compliance Roundtable Discussions

    Location: Independence and Declaration Levels

    Read more Read less

    Choose from 6 facilitated roundtables to consider the key issues discussed in panels as well as some more that bear attention:

    HMDA Implementation - Independence A (Independence Level)

    Fair Lending - Independence E (Independence Level)

    KBYO/TRID - Declaration (Declaration Level) 

    Litigation - Independence l (Independence Level)

    Servicing - Penn Quarter (Declaration Level)

    Hot Topic - RESPA after PHH - Tiber Creek (Declaration Level)

  • "Capitol Cocktails" Networking Reception

    Location: Constitution Ballroom

    Networking Opportunity,

    Reception

Tuesday, September 20, 2016

  • Continental Breakfast

    Location: Independence Foyer,
    Lafayette Park/Farragut Square

    Breakfast

  • Exhibits Open

    Location: Independence Foyer,
    Lafayette Park/Farragut Square

    Exhibit Hours

  • Registration

    Location: Independence Foyer

    Registration

  • Compliance Officer Certification Roundtable

    Location: Independence E


    Speaker(s)

    David Upbin , Associate Vice President, Education Operation, Programming and MBA Strategy , Mortgage Bankers Association

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    Joshua Weinberg , Executive Vice President, Compliance , First Choice Loan Services Inc.

    Jerra Holford Ryan , Vice President , Cherry Creek Mortgage Co., Inc.

    Ben Slayton , Executive Vice President and Enterprise Risk Officer , Alterra Group, LLC, dba Alterra Home Loans

    General Session

    Read more Read less

    MBA is developing an industry certification program for mortgage industry compliance officers. Attend this session to hear about plans so far, ask questions and weigh in on this important new industry effort to foster and recognize expertise in this crucial field.

    Speaker(s)

    David Upbin , Associate Vice President, Education Operation, Programming and MBA Strategy , Mortgage Bankers Association

    David Upbin is Associate Director of Strategy & Education Operation at the Mortgage Bankers Association (MBA). David joined MBA in 2013 and is responsible for the financial management, operations, delivery, and programming of MBA Education's suite of training products and events. From a strategic standpoint, David helps develop, track and manage annual MBA performance goals and objectives, and plays a key role in the implementation of the MBA's new Strategic Plan. Over the past two years, David has played a significant role in the development and execution of several key initiatives, including Mortgage Banking Bound, the Commercial Real Estate Basics program, and Education Advantage, a training package geared towards Independent Mortgage Bankers and community-based lenders. Prior to joining MBA, David was a Client Relationship Manager at Cambridge Associates, LLC, where he developed, maintained and protected client-company relationships.

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    Ken Markison is Vice President and Regulatory Counsel at the Mortgage Bankers Association in Washington, DC, where he works on and represents the mortgage industry on a very wide range of legal and regulatory issues. These include virtually all matters under the Wall Street Reform and Consumer Protection Act (Dodd-Frank), Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TILA), Fair Housing Act, Home Mortgage Disclosure Act (HMDA), S.A.F.E. Mortgage Licensing Act and nearly every other law regulating the mortgage industry. He joined MBA in July 2004 following a thirty-two year career in the Office of General Counsel at the U.S. Department of Housing and Urban Development. At the time of his retirement, Ken served as HUD's Assistant General Counsel for Government Sponsored Enterprises/RESPA. He was one of the principal architects of HUD's 2002 proposed RESPA Reform Rule and HUD's GSE rules. Earlier, he was instrumental in developing the HUD-Federal Reserve Report on Reform of TILA and RESPA as well as the HUD-Treasury Report on Curbing Predatory Lending. He also represented HUD on the Oversight Board for the Resolution Trust Corporation staff.

    Joshua Weinberg , Executive Vice President, Compliance , First Choice Loan Services Inc.

    Joshua Weinberg is currently Executive Vice President of Compliance for First Choice Loan Services Inc., a wholly owned subsidiary of a State Chartered and FDIC insured Depository institution. He is a nationally recognized speaker, author, consultant, and leader in mortgage lending; specializing in integrating compliance and technology. He works closely with Federal and State Regulators including the CFPB, FDIC, CSBS/AARMR, and the HUD/FHA and participates with many industry associations. He is the Chair of MBA’s Regulatory Compliance Committee, Vice Chairman of the Board of Directors for MISMO, a member of the Registered Institutions Working Group for the NMLS, a member of ABA’s Residential Markets Committee, and an Advisory Board Member and Compliance Expert for Mortgage Compliance Magazine. Weinberg also consults privately for mortgage lenders and some of the top mortgage technology vendors in the country. Previously he worked for a major LOS vendor where he was in charge of Compliance, Government Loan programs and Reverse Mortgages. He has worked in retail banking environments and also worked independently as the owner of a mortgage broker company.

    Jerra Holford Ryan , Vice President , Cherry Creek Mortgage Co., Inc.

    Jerra H. Ryan is Vice President of Cherry Creek Mortgage Co., Inc. Jerra worked as a litigation, real estate and regulatory compliance paralegal before starting a successful sales career in the mortgage industry over 20 years ago. Jerra led branch production in excess of $250-million per year, but recognized a gap between how compliance and sales communicated, She saw the need to help production teams and colleagues understand regulations and navigate the gray space between the black-and-white rules, so she left the front lines of origination to drive the alignment between compliance and production by creating policy, procedures and compliance-specific best practices to comply with the rules. Jerra believes raising the compliance IQ and fluency among mortgage professionals promotes consumer, company, investor and agency protection. Currently serving the MBA Regulatory Sub-Committee as Vice-Chairman, Jerra also served as President of the Colorado Mortgage Lenders Association, sitting on the Board of Directors for seven years, where she led the Legislative Affairs and Education Committees.

    Ben Slayton , Executive Vice President and Enterprise Risk Officer , Alterra Group, LLC, dba Alterra Home Loans

    Ben Slayton is a shareholder and the Executive Vice President and the Enterprise Risk Officer for Alterra Group, LLC, dba Alterra Home Loans and is responsible for risk management of the entire enterprise. Previously, he was the Chief Compliance Officer for Alterra Home Loans. Ben is the publisher of Mortgage Compliance Magazine and Mortgage WOMEN Magazine. Ben is a true serial entrepreneur, who has extensive experience creating and developing financial services-related businesses and selling them to publicly traded companies over his past 52 years in the industry. The last company he built from scratch was Quality Control Management Assurance Corporation (QC-MAC), a compliance and quality assurance vendor company that he grew into one of the largest compliance/quality assurance vendor company in the country. Ben started his financial industry career in the early sixties, when he became the first black REALTOR® in the country, the first black member of the board of directors of the California Association of REALTORS® (CAR), the first black president of a Rotary International Club in the United States, the first black condominium developer in the State of California, and the first Freddie Mac Multifamily Program Plus Seller/Servicer in the country. Ben holds a B.A. in Business/Corporate Communications at University of California at Los Angeles.

  • Cyber Security Today

    Location: Independence I


    Speaker(s)

    Elizabeth Kemp , Assistant Regulatory Counsel , Mortgage Bankers Association

    Kim Phan , Of Counsel , Ballard Spahr LLP

    Richard E. Gottlieb , Partner , Manatt, Phelps & Phillips, LLP

    Jennifer C. Everett , Associate , Jones Day

    Concurrent Session

    Read more Read less

    Companies and their compliance officers are engaged in cyber security efforts as never before. Hear this expert panel address the current rules and expectations.

    Speaker(s)

    Elizabeth Kemp , Assistant Regulatory Counsel , Mortgage Bankers Association

    Elizabeth Kemp is the Assistant Regulatory Counsel in the Public Policy and Industry Relations department of Mortgage Bankers Association, where she analyzes forthcoming legislation and administrative rulemaking. Elizabeth assists the Department in formulating responses to policy initiatives and helps monitor relevant trends in litigation. Elizabeth also worked in loan production policy and led MBA’s Fraud Issues Subcommittee. Prior to joining MBA, Elizabeth was Policy Counsel for the National Community Reinvestment Coalition where she focused on fair lending and secondary market reform.

    Kim Phan , Of Counsel , Ballard Spahr LLP

    Kim Phan is a Of Counsel at Ballard Spahr LLP.  Kim writes and speaks frequently about privacy and data security issues for a variety of industries, including consumer financial services, retail, hospitality, higher education, and utilities.  She counsels clients on privacy and data security law in areas including the Gramm-Leach-Bliley Act (GLBA), the Fair Credit Reporting Act (FCRA), the Telephone Consumer Protection Act (TCPA), and other privacy and data security statutes and regulations.  Her work in this area encompasses strategic planning and guidance for companies to incorporate privacy and data security considerations throughout product development, marketing, and implementation.  She also assists companies with data breach prevention and response, including establishing data security programs prior to a breach and the assessment of breach notification obligations following a breach.  Her practice also focuses on providing guidance to clients on regulatory compliance matters, including supervisory and enforcement interactions with the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC).

    Richard E. Gottlieb , Partner , Manatt, Phelps & Phillips, LLP

    Richard E. Gottlieb is a partner resident in the Chicago and Los Angeles offices of Manatt, Phelps & Phillips, LLP, and co-leader of Manatt’s consumer financial services practice group. Mr. Gottlieb counsels and defends banks, mortgage lenders, servicers, auto finance companies, retailers, insurers and other entities in a wide variety of matters, including the defense of both individual and putative class action suits alleging false or deceptive practices and statutory consumer lending violations, the defense of enforcement matters brought by state and federal agencies, and in providing regulatory and compliance advice. Richard is a recognized national leader in the field of mortgage lending and consumer financial services. He has been listed in Chambers USA’s Financial Services Regulation: Consumer Finance Litigation (Nationwide) category since its inception, one of just fifteen in the country to receive this designation. Mr. Gottlieb is also a Fellow of both the American College of Mortgage Attorneys and the American College of Consumer Financial Services Lawyers. Among his many publications and articles, Richard is lead editor and co-author of the best-selling desk reference in the field, the Consumer Financial Services Answer Book, published annually by the Practising Law Institute.

    Jennifer C. Everett , Associate , Jones Day

    Jennifer Everett’s practice focuses on the areas of labor and employment litigation and counseling, and data privacy. Her experience includes defending employers against claims arising under the Fair Labor Standards Act, Title VII of the Civil Rights Act, the Age Discrimination in Employment Act, and other federal and state employment statutes. Jennifer regularly counsels employers on issues concerning data protection, including developing BYOD policies, advising on employee background checks, as well as developing worldwide policies for safeguarding personal information and cross-border data transfers.  Jennifer is a contributing editor to Railway Labor Act (BNA 2012). She also maintains a substantial pro bono practice representing clients in collaboration with the Washington Legal Clinic for the Homeless. Prior to joining Jones Day, Jennifer was a translator and interpreter in Japan.

  • Government Housing Program Updates

    Location: Independence A


    Speaker(s)

    Vickie V. Bourassa , Vice President and Quality Control Manager , Colonial Savings, F.A.

    James Milano , Partner , Weiner Brodsky Kider PC

    Robert D. Broeksmit, CMB , Deputy Chief Business Officer , Treliant Risk Advisors, LLC

    Sheilah A. Goodman , Associate General Counsel , Fannie Mae

    Justin Burch , Director, Quality Assurance Division , U.S. Department of Housing and Urban Development

    Concurrent Session

    Read more Read less

    Experts from inside and outside government will outline the latest developments from the Government Sponsored Enterprises, Federal Housing Administration, the Department of Veterans Affairs and other government programs.

    Speaker(s)

    Vickie V. Bourassa , Vice President and Quality Control Manager , Colonial Savings, F.A.

    Vickie Bourassa is Vice President of Quality Control for Colonial Savings, F.A. She has been with Colonial in this capacity since 1993, managing the performance of Quality Control reviews of the company’s loan origination and servicing operations. She & her staff are responsible for all mortgage fraud investigations, working with law enforcement to provide evidence for prosecutions, and coordinating fraud recovery efforts with in-house & outside counsel. Vickie has more than forty years experience in the mortgage banking industry that includes management responsibility in both origination and servicing operations. Vickie has served as Chairperson of the MBA Quality Assurance/Risk Management Subcommittee and has been actively involved in Working Groups on a variety of quality and compliance related issues. She is a past-president of her local MBA chapter and continues to work within that group to increase mortgage fraud awareness within the local mortgage lending and real estate communities.

    James Milano , Partner , Weiner Brodsky Kider PC

    James M. Milano is a partner with the law firm at Weiner Brodsky Kider PC, based in Washington, D.C. Jim represents and advises mortgage and finance companies on issues such as: (i) state regulatory approvals; (ii) lending programs; (iii) responding to federal and state regulatory audits and enforcement actions; (iv) state laws and regulations concerning loan disclosures, allowable fees, and prohibited practices; (v) federal laws and regulations including, but not limited to, TILA, RESPA, ECOA, FDCPA, HMDA, FCRA, and GLBA (privacy); and (vi) implementation of the Dodd-Frank Act and CFPB regulations. Jim also represents investors and sellers in the acquisition and sale of mortgage and finance companies and consumer finance and mortgage assets. Jim is nationally recognized as one of the leading lawyers in the area of reverse mortgage law. Among other publications, Jim also is Co-Author of the MBA Compliance Essentials℠: Fair Credit Reporting Act Resource Guide (2013), and the MBA Compliance Essentials℠: Consumer Complaints/Homeowners Protection Act Resource Guide (2013). Jim is a frequent speaker at financial services trade association meetings, conferences and webinars.

    Robert D. Broeksmit, CMB , Deputy Chief Business Officer , Treliant Risk Advisors, LLC

    Robert D. Broeksmit is Deputy Chief Business Officer with Treliant Risk Advisors and heads the firm’s mortgage litigation support practice. As a Washington-based financial services consultancy, Treliant’s mortgage practice includes strategic advisory for executive management and corporate boards; litigation defense, including file reviews, litigation strategy, expert reports, and expert testimony; CFPB examination preparation and implementation of mortgage regulations promulgated by the CFPB and other regulators; and operational aspects of mortgage banking, ranging from origination to servicing and loss mitigation.  Bob has served as a mortgage underwriting testifying expert for the defense on many large, high profile cases. Treliant teams under his direction have re-underwritten over ten thousand mortgage loans.  Bob is a senior finance executive and corporate officer with a 31-year career in the mortgage sector.  Prior to joining Treliant, Bob held senior leadership positions, including fourteen years with Chevy Chase Bank, where he was Executive Vice President and President of its B.F. Saul Mortgage Company subsidiary. Bob also was a Vice President at Prudential Home Mortgage for seven years. Bob has served as the Chairman of the Mortgage Bankers Association’s Residential Board of Governors. He is a Certified Mortgage Banker.

    Sheilah A. Goodman , Associate General Counsel , Fannie Mae

    Sheilah Goodman has been an Associate General Counsel at Fannie Mae since January 2000. She works on federal consumer financial regulations and privacy matters. Prior to joining Fannie Mae, she was General Counsel for an internet company that launched a secondary mortgage market platform. Sheilah was a Senior Attorney in the Division of Consumer and Community Affairs at the Board of Governors of the Federal Reserve for seven years where she worked primarily on TILA, RESPA and ECOA. She began her legal career in private practice representing mortgage lenders.

    Justin Burch , Director, Quality Assurance Division , U.S. Department of Housing and Urban Development

  • Servicing, Including New Changes to TCPA

    Location: Independence E


    Speaker(s)

    Justin Wiseman , Director, Loan Administration Policy , Mortgage Bankers Association

    Lauren E. Campisi , Member , McGlinchey Stafford PLLC

    Nanci Weissgold , Partner , Alston & Bird, LLP

    Laura Johnson , Senior Counsel , Consumer Financial Protection Bureau (CFPB)

    Concurrent Session

    Read more Read less

    New rules and directives under Dodd-Frank, the Fair Debt Collection Practices Act (FDCPA), Telephone Consumer Protection Act (TCPA), State and CSBS initiatives, as well as litigation and enforcement actions continue to significantly impact the mortgage servicing process. Get an update on all the major servicing issues to help facilitate servicing compliance.

    Speaker(s)

    Justin Wiseman , Director, Loan Administration Policy , Mortgage Bankers Association

    Justin Wiseman is the Director of Loan Administration Policy in MBA’s Residential Policy department, where he analyzes forthcoming legislation and administrative rule-making. Justin assists the Department to formulate responses to policy initiatives and helps MBA members understand and comply with the many servicing rules. Before assuming his role as Director of Loan Administration Policy, Justin worked as associate regulatory counsel for MBA, providing analysis on Dodd-Frank rulemakings such as the Qualified Mortgage and Loan Originator Compensation rules. He also staffed the Litigation subcommittee which monitored relevant litigation trends and evaluated requests for amici participation by MBA. Prior to joining MBA, Justin clerked in Federal District Court in the Middle District of Tennessee and worked with the Center for Strategic and International Studies on European and Transatlantic security issues.

    Lauren E. Campisi , Member , McGlinchey Stafford PLLC

    Lauren Campisi a Member of McGlinchey Stafford PLLC and is resident in the firm's New Orleans office. Lauren focuses her practice on consumer finance regulatory and compliance matters and litigation.  Lauren represents clients who offer a variety of financial services, including national mortgage lenders and servicers, automotive and personal property finance companies, small loan companies, online lenders, and community banks. Lauren has particular experience assisting lenders and servicers with issues concerning the federal Real Estate Settlement Procedures Act, Fair Debt Collection Practices Act, Telephone Consumer Protection Act, Truth in Lending Act and prohibitions against unfair, deceptive and abusive acts and practices. Lauren also frequently advises clients on compliance with state lending and licensing laws and state debt collection laws and regulations. Lauren also represents clients in single party and class action litigation and federal and state enforcement actions.  Lauren is an active member of the Consumer Financial Services Committee of the American Bar Association and a frequent speaker on issues affecting the consumer financial services industry.

    Nanci Weissgold , Partner , Alston & Bird, LLP

    Nanci Weissgold is a member of the firm’s Financial Services & Products Group and a co-leader of the Consumer Finance Regulatory Compliance team at Alston & Bird, LLP. She advises financial institutions and financial service providers on issues relating to mortgage lending and mortgage servicing, valuation, and other consumer lending issues as part of her national regulatory compliance practice. Ms. Weissgold is a frequent speaker and presenter at legal and industry conferences and webinars, and has published numerous articles on mortgage banking, valuation and consumer finance related topics. She served as articles editor of the Administrative Law Journal at American University. She has been named a Fellow of the American College of Consumer Financial Services Lawyers, and she is peer rated in the Martindale-Hubbell® directory as AV® Preeminent, the highest level of professional excellence

    Laura Johnson , Senior Counsel , Consumer Financial Protection Bureau (CFPB)

    Laura Johnson is Senior Counsel in the Office of Regulations at the CFPB, where she focuses on mortgage servicing. She came to the Bureau from a large national bank, where she handled consumer-oriented regulatory compliance issues. Prior to that, she was a staff attorney and later Chief of Staff in the Division of Financial Practices at the FTC. She previously practiced law with the firm of K&L Gates in Washington, D.C., where she focused on financial services regulatory counseling.

  • Social Media

    Location: Independence I


    Speaker(s)

    Jacqueline S. Mallett , Counsel , Bricker & Eckler, LLP

    Sheila M. Strong , Vice President, Compliance and General Counsel , AmeriFirst Financial Corporation

    David Stein , Attorney , Bricker & Eckler, LLP

    Jerra Holford Ryan , Vice President , Cherry Creek Mortgage Co., Inc.

    Read more Read less

    Hear from an expert panel on what you need to know about the implications of the use of social media on mortgage compliance.

    Speaker(s)

    Jacqueline S. Mallett , Counsel , Bricker & Eckler, LLP

    Jackie Mallett is a member of Bricker & Eckler’s Banking and Financial Services practice group where she helps companies comply with the myriad of laws governing the financial services industry. Prior to joining Bricker & Eckler, Jackie was Consumer Finance Chief Counsel at the Ohio Division of Financial Institutions in charge of regulating mortgage companies, loan originators, small loan and installment loan lenders, pawnbrokers, check cashers, credit services organizations and other non-bank money services businesses. Jackie investigated and prepared complex cases at the administrative, trial, and appellate levels in state and federal courts, drafted legislation and regulations, trained personnel on federal and state consumer finance laws, and participated in the development of the Division’s policies and procedures.

    Sheila M. Strong , Vice President, Compliance and General Counsel , AmeriFirst Financial Corporation

    Sheila M. Strong is the Vice President of Compliance and General Counsel at AmeriFirst Home Mortgage (“AmeriFirst”) in Kalamazoo, Michigan. As a member of the senior management team, Ms. Strong ensures that compliance is at the forefront of AmeriFirst operations and strategic planning through her Compliance Management System. The Compliance Management System implements, monitors, improves, and revises corporate policies and procedures to serve the mortgage needs of consumers in a manner that is consistent with ethical lending and servicing practices. As a former mortgage loan originator, Ms. Strong brings real-world experiences in implementing compliance management strategies. Accordingly, with a team of 21 full time compliance employees, Ms. Strong works proactively and collaboratively with each AmeriFirst department to ensure and effective and comprehensive compliance with federal, state, and local rules and regulations. Ms. Strong also serves as the Vice Chair for the MBA Legal Issues Committee.

    David Stein , Attorney , Bricker & Eckler, LLP

    David Stein is chair of Bricker & Eckler's Banking & Financial Services Practice Group. A veteran in the financial services industry, David has spent more than two decades in roles as in-house and outside counsel for national independent lenders and servicers of all sizes. His practice focuses on banking and lending compliance, marketing and sales practices, regulatory examinations and investigations, enforcement actions, fair lending and loan servicing. David represents lenders and financial institutions in complex financial services litigation, compliance management, CFPB readiness planning and development of data security strategies. He serves lenders and servicers throughout the United State and is admitted to practice in Ohio and Florida. David is the author of the forthcoming MBA Compliance Essentials: Internet and Social Media Guidebook and has served on various banking industry committees, including the Mortgage Bankers Association’s Legal Committee, Qualified Mortgage/ATR Task Force and Independent Banking working groups. He is a nationally recognized speaker, and frequently trains companies in matters concerning advertising and social media, fair lending, and compliance and vendor management.

    Jerra Holford Ryan , Vice President , Cherry Creek Mortgage Co., Inc.

    Jerra H. Ryan is Vice President of Cherry Creek Mortgage Co., Inc. Jerra worked as a litigation, real estate and regulatory compliance paralegal before starting a successful sales career in the mortgage industry over 20 years ago. Jerra led branch production in excess of $250-million per year, but recognized a gap between how compliance and sales communicated, She saw the need to help production teams and colleagues understand regulations and navigate the gray space between the black-and-white rules, so she left the front lines of origination to drive the alignment between compliance and production by creating policy, procedures and compliance-specific best practices to comply with the rules. Jerra believes raising the compliance IQ and fluency among mortgage professionals promotes consumer, company, investor and agency protection. Currently serving the MBA Regulatory Sub-Committee as Vice-Chairman, Jerra also served as President of the Colorado Mortgage Lenders Association, sitting on the Board of Directors for seven years, where she led the Legislative Affairs and Education Committees.

  • Refreshment Break

    Location: Independence Foyer,
    Lafayette Park/Farragut Square

  • HMDA and Other Compliance Technology

    Location: Independence A


    Speaker(s)

    Dr. Anurag Agarwal , President, RiskExec Division , Treliant Solutions

    Richard Hill , Vice President, Industry Technology , Mortgage Bankers Association

    Michael O'Sullivan , Chief Knowledge Officer , Freedom Mortgage Corporation

    Joseph Dombrowski , Director, Product Management & Chief Mortgage Strategist , Fiserv

    Maurice Jourdain-Earl , Managing Director , ComplianceTech

    Concurrent Session

    Read more Read less

    Join this expert panel to discuss the current technological lay of the land to help your company use technology in the compliance space as efficiently and economically as possible.

    Speaker(s)

    Dr. Anurag Agarwal , President, RiskExec Division , Treliant Solutions

    Dr. Anurag Agarwal serve as Senior Advisor with Treliant Risk Advisors, Anurag also serves as President of the RiskExec division within Treliant Solutions. Anurag is a recognized expert and a financial services industry veteran with over 20 years of experience in fair lending, Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA), and related areas. Anurag oversees the RiskExec® line of compliance technologies offered by Treliant Solutions. During his career, Anurag has consulted with and advised large financial institutions in the areas of compliance, fair lending, statistical analysis, and regulatory risk management. He is the main architect, designer, and developer of RiskExec, a leading web-based suite of lending products and technologies used by the internal audit functions of several top 25 national banks and other mortgage lending institutions. Anurag also wrote the statistical sampling routines which are used in the RiskExec software.

    Richard Hill , Vice President, Industry Technology , Mortgage Bankers Association

    Rick Hill serves as Vice President of Industry Technology at the Mortgage Bankers Association (MBA). In this role, he is responsible for providing leadership to MBA and its membership relating to operational and technology topics faced by the industry, including through the Mortgage Industry Standards Maintenance Organization (MISMO), which he oversees. He is also responsible for developing the content for MBA's Technology Conference and leading all of MBA's technology forums and working groups - both residential and commercial/multifamily - as well as managing technology related content for MBA Education. Rick most recently served as MBA's Associate Vice President of Industry Technology. Prior to joining MBA in 2010, Rick was the Director of Data Strategy at Fannie Mae where he was responsible for data standards and best practices, data management including the company's data warehouse, and managing the relationship with regulatory agencies relating to information requirements. Before his time at Fannie Mae, he was a senior auditor with Deloitte & Touche.

    Michael O'Sullivan , Chief Knowledge Officer , Freedom Mortgage Corporation

    Michael O'Sullivan joined Freedom Mortgage Corporation in 2007. Prior to Freedom Mortgage he gained valuable and broad experiences in the mortgage industry ranging from roles in Underwriting, Sales and Operations Management and eBusiness Solutions. As Vice President of eBusiness Solutions Michael helped to create a patented automated loan structuring engine. In his current role as Senior Vice President and Chief Knowledge Officer, he is deeply involved with compliance related efforts as well as enterprise level technology solutions. Michael has also been a volunteer firefighter for 20 years and currently serves as an Assistant Chief.

    Joseph Dombrowski , Director, Product Management & Chief Mortgage Strategist , Fiserv

    Joe Dombrowski is the Director of Product Manager & Chief Mortgage Strategist, Lending Solutions at Fiserv.  Joe is responsible for the strategic direction of the Real Estate and Consumer software products from Fiserv. This includes the loan servicing system, LoanServ. Prior to this role, he assisted Fiserv clients by providing managerial consulting for loan servicing opportunities. With nearly 30 years of experience, Joe has a comprehensive background in the industry both in servicing and in technology. He is a member of several national lending advocacy groups, and has written and spoken extensively on servicing topics. He was elected to the MISMO Residential Standards Governance Committee in 2015 and is a member of the Housing Policy Council Executive Committee.

    Maurice Jourdain-Earl , Managing Director , ComplianceTech

  • New Uniform Residential Loan Application

    Location: Independence I


    Speaker(s)

    Elizabeth Kemp , Assistant Regulatory Counsel , Mortgage Bankers Association

    Melissa Richards, CMB , Chief Legal and Risk Officer , CMG Financial

    Piper Beveridge , Vice President, Government and Strategic Relations , Ellie Mae, Inc.

    Natalie Hunt , Director, Strategic Product Management , Fannie Mae

    Colleen Flaxington , Project Management Manager , Freddie Mac

    Concurrent Session

    Read more Read less

    After nearly two decades, the GSEs are moving forward with a new Uniform Residential Loan Application or URLA. Get the latest on this effort which will come on line and has important implications for the new HMDA data collection changes.

    Speaker(s)

    Elizabeth Kemp , Assistant Regulatory Counsel , Mortgage Bankers Association

    Elizabeth Kemp is the Assistant Regulatory Counsel in the Public Policy and Industry Relations department of Mortgage Bankers Association, where she analyzes forthcoming legislation and administrative rulemaking. Elizabeth assists the Department in formulating responses to policy initiatives and helps monitor relevant trends in litigation. Elizabeth also worked in loan production policy and led MBA’s Fraud Issues Subcommittee. Prior to joining MBA, Elizabeth was Policy Counsel for the National Community Reinvestment Coalition where she focused on fair lending and secondary market reform.

    Melissa Richards, CMB , Chief Legal and Risk Officer , CMG Financial

    Melissa Richards, CMB is the Chief Legal & Risk Officer of CMG Financial, a residential mortgage banker licensed in 49 states and the District of Columbia, Ms. Richards oversees all Legal matters as well as the company’s Enterprise Risk Management program. Prior to joining CMG Financial, Ms. Richards was in private law practice for 22 years, specializing in federal and multistate regulatory compliance and licensing for the financial services industry including all facets of the mortgage banking industry. Ms. Richards is well versed in Dodd‐Frank Act and final rulemaking of the Consumer Financial Protection Bureau. In the past, Ms. Richards has served in leadership for the California Mortgage Bankers Association, both as a director for nine years and as its general counsel for five years. Ms. Richards was awarded her Certified Mortgage Banker designation by the Mortgage Bankers Association of America in 2009 and in 2013, was inducted as a Fellow with the American College of Mortgage Attorneys.

    Piper Beveridge , Vice President, Government and Strategic Relations , Ellie Mae, Inc.

    Piper Beveridge is Vice President of Government and Strategic Relationships at Ellie Mae, focusing on growing and managing the relationships with government agencies and other regulatory bodies. She leads a number of key strategic initiatives that will further improve transparency and predictability through the loan process, from origination to delivery. Before joining Ellie Mae, Piper spent 13 years at Fannie Mae as Director of Strategic Initiatives, and led multiple industry initiatives including Uniform Collateral Data Portal (UCDP), Uniform Closing Dataset (UCD), Uniform Loan Application Dataset (ULAD), and eMortgage. Previously, she served in senior strategy consulting roles including Senior Vice President and Practice Leader at Operon Partners and as an associate at Mercer Management Consulting.

    Natalie Hunt , Director, Strategic Product Management , Fannie Mae

    Natalie Hunt joined Fannie Mae in October 2004. She currently holds the position of Director of Strategic Product Management in the Single-Family Division at Fannie Mae, where she is responsible for the transactional data standards and implementation activities for customer-facing applications. Natalie is an experienced product management professional with experience in driving large-scale strategic complex transformation projects from inception to implementation. Prior to joining Fannie Mae, Natalie led engagements that supported business and technology-driven change in the management consulting industry. She has over 17 years of financial, consulting, and mortgage industry experience. Natalie is responsible for leading several industry data initiatives, including: Uniform Loan Delivery Data (ULDD), Uniform Loan Application Dataset (ULAD), and Uniform Closing Dataset (UCD) spanning across the mortgage lifecycle. Natalie is actively involved in driving adoption of data standards and sits on the MISMO Residential Standards Governance Committee.

    Colleen Flaxington , Project Management Manager , Freddie Mac

    Colleen Flaxington is a Project Management Senior Business Lead in the Single Family Strategic Delivery organization. She has been at Freddie Mac for the last 7 years, executing MISMO-based initiatives under the Uniform Mortgage Data Program, including the Uniform Loan Delivery Dataset, Uniform Closing Dataset and Uniform Loan Application Dataset.  Ms. Flaxington has over 25 years of experience in public and private finance, specializing in data standards development and implementation. For the past 18 years, Ms. Flaxington has worked within the Mortgage Banking industry, leading teams in the implementation of electronic data management systems and standards. She is a Certified MISMO Standards Professional and Project Management Professional.

  • UDAAP Update

    Location: Independence E


    Speaker(s)

    Lyn Farrell , Managing Director , Treliant Risk Advisors, LLC

    Jason W. McElroy , Partner , Weiner Brodsky Kider PC

    D. Jean Veta , Partner , Covington & Burling, LLP

    Joseph Lynyak , Partner , Dorsey & Whitney

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    Concurrent Session

    Read more Read less

    Over the last year, UDAAP has been a key feature of numerous enforcement actions. Hear from an expert panel on what practices UDAAP enforcement has addressed in order to facilitate compliance.

    Speaker(s)

    Lyn Farrell , Managing Director , Treliant Risk Advisors, LLC

    Lyn Farrell is Managing Director at Treliant Risk Advisors.  Lyn is an experienced Regulatory Compliance executive, with over 35 years of experience in banking law and compliance.  She co-leads the Regulatory Compliance consulting practice at Treliant Risk Advisors, LLC, a Washington DC-based risk management consultancy.  She leads a team of professionals in a strategic compliance consulting practice to the top 100 financial institutions.  Lyn is a Certified Regulatory Compliance Manager (CRCM), a Certified Anti-Money Laundering Specialist (CAMS) and an Anti-Money Laundering Professional (AMLP). She received the Distinguished Service Award from the American Bankers Association in 2012.  She is also a licensed attorney.

    Jason W. McElroy , Partner , Weiner Brodsky Kider PC

    Jason W. McElroy is a partner at Weiner Brodsky Kider PC, where his practice focuses on representing companies in the financial services sector in civil litigation, government investigations, and regulatory compliance. Jason has experience with a wide range of federal and state consumer protection laws, including RESPA, TILA, FDCPA, FCRA, UDAAP, and Consumer Protection Acts. Jason has represented clients in federal and state trial and appellate courts, and has represented clients in matters against the U.S. Department of Justice, the Consumer Financial Protection Bureau, the Federal Trade Commission, the U.S. Department of Housing and Urban Development, and multiple states’ Attorneys General.

    D. Jean Veta , Partner , Covington & Burling, LLP

    JJean Veta, a partner at Covington & Burling LLP, is described by Chambers USA (2015) as “one of the premier banking and financial regulatory enforcement litigators in the country.” She defends financial institutions and their officers and directors in civil and regulatory enforcement matters, government investigations, internal corporate investigations, and congressional investigations. Ms. Veta represents clients on the full range of UDAAP and other consumer compliance issues, fair lending, anti-money laundering, safety and soundness issues, and securities issues, as well as FIRREA and False Claims Act investigations. She regularly handles matters before the CFPB and other federal bank regulators, the Department of Justice, SEC, FTC, and other enforcement agencies. One client said, “[s]he brought a discipline and toughness that was necessary in dealing with private litigants and was very experienced at dealing with government litigants.” Based on her success in defending IndyMac Bank’s former CEO, Ms. Veta was named Litigator of the Week by The American Lawyer.

    Joseph Lynyak , Partner , Dorsey & Whitney

    Joseph Lynyak is a long-time adviser to the financial services industry, with a depth of experience that allows him to "connect the dots" for clients in the complex (and sometimes conflicting) regulatory and statutory schemes confronting financial intermediaries.  A partner in Dorsey & Whitney's Finance & Restructuring Group and a member of the firm's Banking Industry Group, Joe possesses a broad knowledge base regarding foreign banks and domestic banks, savings associations, bank holding companies, finance companies, mortgage banking companies and their subsidiaries and affiliates. His practice includes providing financial intermediaries advice in the areas of regulatory and strategic planning, application and licensing, legislative strategy, commercial and consumer lending, examination, supervision and enforcement, and general corporate matters. Joe's FDIC-insured financial institution clients benefit from his experience in the special state and federal statutory and regulatory requirements-including safety and soundness issues-that apply to regulated financial intermediaries. He regularly counsels clients on matters such as retail operations, privacy, identity theft, consumer compliance, application and underwriting, payments systems, Internet, electronic commerce, examination, supervision and enforcement, and operational and strategic planning matters.

    Ken Markison , Vice President and Regulatory Counsel , Mortgage Bankers Association

    Ken Markison is Vice President and Regulatory Counsel at the Mortgage Bankers Association in Washington, DC, where he works on and represents the mortgage industry on a very wide range of legal and regulatory issues. These include virtually all matters under the Wall Street Reform and Consumer Protection Act (Dodd-Frank), Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TILA), Fair Housing Act, Home Mortgage Disclosure Act (HMDA), S.A.F.E. Mortgage Licensing Act and nearly every other law regulating the mortgage industry. He joined MBA in July 2004 following a thirty-two year career in the Office of General Counsel at the U.S. Department of Housing and Urban Development. At the time of his retirement, Ken served as HUD's Assistant General Counsel for Government Sponsored Enterprises/RESPA. He was one of the principal architects of HUD's 2002 proposed RESPA Reform Rule and HUD's GSE rules. Earlier, he was instrumental in developing the HUD-Federal Reserve Report on Reform of TILA and RESPA as well as the HUD-Treasury Report on Curbing Predatory Lending. He also represented HUD on the Oversight Board for the Resolution Trust Corporation staff.

Displaying 1 to 50 of 51 records.
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