Regulatory Compliance

Session Detail

Refine By

Session Type

Start Date

Note: Schedule subject to change. All sessions are in Eastern Time.

Flexibility is key! Attend what you want, when you can. Stream it live or catch up on demand after the conference - MBA LIVE offers all access to accommodate your busy schedule.

1 results
Download Agenda Editable Agenda View Full Agenda

Tuesday, November 10, 2020

  • Applied Compliance Track: Implementing Loan Originator Compensation


    Speaker(s)

    Richard Andreano, Partner, Ballard Spahr LLP

    Jed Mayk, Partner, Hudson Cook, LLP/CounselorLibrary

    Sheila Strong, Senior Vice President, Compliance & General Counsel, Amerifirst Home Mortgage

    Russell Bruch, Partner, Morgan Lewis & Bockius LLP

    Loan Originator Compensation (LO Comp) continues to be an important regulatory challenge and area of increasing supervisory focus. Panelists walk through hypothetical compensation scenarios to provide their insight and evaluation of what is allowed under the rules and what is not.

    Speaker(s)

    Richard Andreano, 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 mortgage banking, and consumer finance law.  Rich advises the mortgage and settlement service industries on regulatory compliance and related matters, including issues arising out of the COVID-19 national emergency, as well as issues concerning the Dodd-Frank Act, Real Estate Settlement Procedures Act,, Truth in Lending Act, Equal Credit Opportunity Act, Fair Housing Act, Fair Credit Reporting Act, Home Mortgage Disclosure Act, and Gramm-Leach-Bliley Act.  He assists clients with government agency examinations and compliance with the 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.

    Jed Mayk, Partner, Hudson Cook, LLP/CounselorLibrary

    Jed Mayk is a partner in the Pennsylvania office of Hudson Cook and Chair of the firm’s Mortgage Lending and Servicing Practice Group. He concentrates his practice on state and federal regulatory compliance for the mortgage and home equity lending programs of banks and licensed lenders. Jed advises clients on TILA, RESPA and the other core mortgage banking laws. He 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 is also the author of the MBA’s Compliance Essentials: Home Equity Line of Credit Resource Guide.

    Sheila Strong, Senior Vice President, Compliance & General Counsel, Amerifirst Home Mortgage

    Sheila M. Strong is the Senior 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, Ms. Strong works proactively and collaboratively with each AmeriFirst department to ensure effective and comprehensive compliance with federal, state, and local rules and regulations. Ms. Strong also serves as the Chair for the MBA Legal and Regulatory Compliance Committee.

    Russell Bruch, Partner, Morgan Lewis & Bockius LLP

    Russell R. Bruch 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. Russell also advises clients in diverse sectors on compliance with the FLSA, the Service Contract Act, state wage and hour issues, per diem 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.

Our Sponsors

Presenting

Millennium

Gold

Contributor