Schedule

Schedule subject to change.

Note: Meeting rooms may change, so please refer to the MBA Events mobile app -available in both the App Store and Google Play- on-site for final locations.

PDF Agenda Editable Agenda

Monday, September 17, 2018

  • COMPLIANCE IMPERATIVE: Changing Regulatory Landscape

    Location: Independence Ballroom I,
    Independence Level


    Speaker(s)

    Jeff Grogin, Senior Managing Director, Chief Administrative Officer, PennyMac Financial Services, Inc.

    Benjamin K. Olson, Partner, Buckley Sandler LLP

    Ken Markison, Of Counsel, Weiner Brodsky Kider PC

    Daniel Burstein, Senior Managing Director, Guildepost Solutions, LLC

    Breakout Session,

    Compliance Imperative Track

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    Learn how changes at OCC, CFPB and the offices of the states’ Attorneys General is changing impacting the compliance officer’s daily work.

    Speaker(s)

    Jeff Grogin, Senior Managing Director, Chief Administrative Officer, PennyMac Financial Services, Inc.

    In 2008, Mr. Grogin helped create PennyMac. The PennyMac family of companies includes two NYSE-listed companies (PFSI and PMT) operating primarily in three business segments: loan production, loan servicing, and investment management. Mr. Grogin presently serves as a Senior Managing Director and Chief Administrative Officer for both companies and oversees these teams: legal, licensing, regulatory relations, administration, facilities, corporate training, communications, and human resources. Since its inception in 2008, Mr. Grogin has also served on the Board of Directors of PennyMac's mortgage banking subsidiary, PennyMac Loan Services, LLC.  BPM (Before PennyMac), Jeff and his wife founded Snood, LLC, a computer games publisher. Snood, LLC initially focused on desktop games while licensing its games for hand-held controllers and wireless platforms. Presently, Snood, LLC focuses on mobile and tablet games.  He began his legal career at Gibson, Dunn & Crutcher, LLP's Century City office before founding Samaha Grogin, LLP in 1991. In private practice, Mr. Grogin focused on real estate, mergers and acquisitions, securities, intellectual property, and mortgage banking law.

    Benjamin K. Olson, Partner, Buckley Sandler LLP

    Benjamin K. Olson is a partner in the Washington, D.C. office of BuckleySandler LLP. A recognized authority in the field of consumer financial protection regulation and frequent speaker at industry conferences, his practice focuses on advising clients on compliance with mortgage, credit card, and other consumer protection regulations and responding to government inquiries. He 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, he 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. He clerked for the Honorable Emilio M. Garza on the United States Court of Appeals for the Fifth Circuit.

    Ken Markison, Of Counsel, Weiner Brodsky Kider PC

    Ken is Of Counsel in Weiner Brodsky Kider’s regulatory compliance practice where he brings more than 45 years of experience in housing and mortgage legislation, regulation and litigation.  Until September 30, 2017, Ken was Vice President and Regulatory Counsel of the Mortgage Bankers Association where he worked on and represented the industry in the development of the Wall Street Reform and Consumer Protection Act (Dodd-Frank) and the rules under it including the Ability to Repay, TILA RESPA Integrated Disclosures (TRID), Loan Originator Compensation and Home Mortgage Disclosure Act (HMDA) rules. At MBA, he also worked on matters under the Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TILA), Fair Housing Act, S.A.F.E. Mortgage Licensing Act and virtually every other law governing the industry.  Before coming to MBA, Ken served for more than 32 years in HUD's Office of General Counsel where he became Assistant General Counsel for Government Sponsored Enterprises/RESPA. In addition to developing RESPA legislation, rules and guidance, he was one of the principal architect of HUD's GSE Rules.  Ken is a frequent speaker and trainer on mortgage lending issues before industry and other groups.

    Daniel Burstein, Senior Managing Director, Guildepost Solutions, LLC

    Daniel M. Burstein oversees the Financial Institutions practice for Guidepost Solutions. He has more than 14 years of experience in the areas of regulatory investigations and enforcement, regulatory compliance, commercial litigation, and internal investigations.  At Guidepost, Mr. Burstein helps companies throughout the mortgage life cycle with regulatory compliance issues and to help them prepare for their next exam. He currently serves as Independent Compliance Consultant to a non-bank mortgage lender pursuant to the lender’s settlement with the US Department of Justice and Department of Housing and Urban Development.  Before joining Guidepost, Mr. Burstein served as Executive Deputy Superintendent and Acting Chief of Staff for the New York State Department of Financial Services. He headed the Department’s Real Estate Finance Division, which is responsible for regulation of the state’s mortgage industry as well as other real estate and homeowner industries such as title insurance and mortgage insurance. In addition to negotiating major enforcement actions, Mr. Burstein’s projects for the Department included reviewing non-bank mortgage servicers, reforming the state’s foreclosure process, standardizing maintenance of vacant properties, licensing title insurance agents, overhauling the mortgage licensing process, and helping consumers and businesses recover from Superstorm Sandy.

  • COMPLIANCE IMPERATIVE: Servicing Compliance

    Location: Independence Ballroom I,
    Independence Level


    Speaker(s)

    Samuel I. Racoosin, Managing Director and Associate General Counsel, JP Morgan Chase Bank, NA

    Nanci L. Weissgold, Partner, Alston & Bird, LLP

    Krista Cooley, Partner, Mayer Brown LLP

    Kathleen (Kitty) Ryan, Partner, Akerman LLP

    Terry J. Randall, Senior Counsel, Office of Regulations, Bureau of Consumer Financial Protection

    Breakout Session,

    Compliance Imperative Track

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    This session take a close look at recent compliance developments of particular importance to servicers, including Successors in Interest and changes to the Periodic Statements in Bankruptcy.

    Speaker(s)

    Samuel I. Racoosin, Managing Director and Associate General Counsel, JP Morgan Chase Bank, NA

    Samuel Racoosin is a Managing Director and Associate General Counsel at JP Morgan Chase Bank, NA. He is the lead attorney for the residential Loan Servicing performing, customer assistance and default legal teams. He is principally responsible for providing legal advice to the residential mortgage loan servicing business.  Before joining JP Morgan Chase, Racoosin was Associate General Counsel at Fannie Mae. In that capacity, he was responsible for providing legal advice to the US Treasury in connection with the Obama Administration’s Making Home Affordable Program. Samuel previously served as Associate General Counsel for Fannie Mae’s single family mortgage business, providing advice on new products, eMortgage initiatives, and loss mitigation.  Prior to joining Fannie Mae, Samuel was Associate General Counsel of North American Mortgage Company, a national mortgage banker.

    Nanci L. Weissgold, Partner, Alston & Bird, LLP

    Nanci Weissgold is a member of Alston & Bird’s Financial Services & Products Group and a co-leader of the Consumer Finance Regulatory Compliance team. 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.  This includes: (i) counseling clients on compliance with state and federal laws that regulate consumer financial products and services, (ii) working with state regulators to obtain approvals, licenses or regulatory guidance, (iii) developing compliance management systems, (iv) performing CFPB readiness exams, defending administrative enforcement actions (including state government audits, single or multi-state examinations, and investigations) and assisting in litigation involving regulatory compliance issues, and (v) representing bank and non-bank lenders and appraisal management companies on valuation issues (including, for example, compliance with appraisal independence requirements under TILA, Interagency Appraisal and Evaluation Guidelines, FIRREA, AIR, ECOA, state AMC, appraisal and real estate broker laws). Nanci 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 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. Professional affiliations include Women in Housing and Finance Foundation, primary outside counsel, 2007-2009 and The Conference on Consumer Finance Law, Governing Committee.

    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, HUD, the VA, USDA, DOJ, CFPB and state banking departments in cases involving the False Claims Act, the Program Fraud Civil Remedies Act, Mortgagee Review Board proceedings and 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.

    Kathleen (Kitty) Ryan, Partner, Akerman LLP

    Kathleen is a partner at Akerman LLP where she advises clients on a broad range of consumer protection issues. She was a Deputy Assistant Director for the CFPB’s Office of Regulations, and Senior Counsel at the Federal Reserve Board in Washington, D.C. During her government tenure, Kathleen wrote and interpreted major consumer regulations applicable to mortgages, including changes to Regulation Z’s advertising rules in 2009. Kathleen also has extensive experience in fair lending and UDAAP matters.

    Terry J. Randall, Senior Counsel, Office of Regulations, Bureau of Consumer Financial Protection

    Terry J. Randall is Senior Counsel in the Office of Regulations at the Bureau of Consumer Financial Protection. Since joining the Bureau in October of 2012, Terry’s primary responsibilities have involved rulemakings related to the mortgage market. Currently, Terry is the mortgage servicing team lead in the Office of Regulations. In addition to her work on servicing, Terry also leads the Office of Regulations’ efforts related to the Bureau’s Loan Originator Rule, the SAFE Act, and reverse mortgages. Terry also played a leadership role in rulemakings and implementation activities related to the Home Mortgage Disclosure Act (HMDA) and the rulemakings related to small and rural creditors under the Bureau’s Regulation Z. Prior to joining the Bureau, Terry was a member of the litigation department in the Washington, DC office of Latham & Watkins LLP.