Risk Management, QA & Fraud Prevention Forum 2017

Schedule

Schedule subject to change.

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

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Sunday, September 24, 2017

  • Registration

    Location: Mezzanine,
    Second Level

    Registration

  • Committee Meeting

  • Exhibit Area Open

    Location: Mezzanine,
    Second Level

    Exhibit Hours

  • Special Session: GSE Update

    Location: Versailles,
    Second Level


    Speaker(s)

    Michael Fratantoni, Ph.D. , Chief Economist & Senior Vice President, Research & Industry Technology , Mortgage Bankers Association

    Stephen W. Spies , Vice President - Loan Quality , Fannie Mae

    Jude Landis , Vice President, Credit Policy and Risk Management , Fannie Mae

    Kurt Smith , Senior Director, Credit Policy Risk Analytics , Freddie Mac

    Pam Padgett , Vice President Single Family Underwriting Quality Control , Freddie Mac

    Special Session

    Read more Read less

    Join representatives from Fannie Mae and Freddie Mac for our yearly update on the critical changes taking place that impact underwriting and QC practices.

    Speaker(s)

    Michael Fratantoni, Ph.D. , Chief Economist & Senior Vice President, Research & Industry Technology , Mortgage Bankers Association

    Michael Fratantoni is MBA's Chief Economist and Senior Vice President of Research and Industry Technology. In this role, he is responsible for overseeing MBA's industry surveys, benchmarking studies, economic and mortgage originations forecasts, industry technology efforts, and policy development research for both single-family and commercial/multifamily markets. Additionally, Fratantoni is president and member of the Board of Directors of the Mortgage Industry Standards Maintenance Organization (MISMO). He also serves on the CSP's Industry Advisory Group.

    Prior to joining MBA, Fratantoni worked in the industry in risk management and senior economist roles at Washington Mutual and Fannie Mae, and was responsible for assessing macroeconomic, regional, housing, and mortgage market trends, and providing technical expertise regarding credit pricing and mortgage policy issues.

    Fratantoni received a Ph.D. in economics from Johns Hopkins University and a B.A. in economics from The College of William and Mary. He has served as an adjunct professor at the University of Washington, and Johns Hopkins, George Washington, and Georgetown Universities and has published papers on housing and mortgage topics in leading economics and real estate finance journals.

    Stephen W. Spies , Vice President - Loan Quality , Fannie Mae

    Stephen Spies is Fannie Mae's Vice President – Loan Quality.  He leads our Loan Quality Center and his role includes developing, implementing, and monitoring loan quality standards; evaluating the quality of loan deliveries; and overseeing the effectiveness of lender quality control. Spies has an MBA from the University of Texas at Austin, and a JD from Southern Methodist University’s Dedman School of Law. He is a certified mortgage banker and a graduate of the Mortgage Bankers Association’s School of Mortgage Banking. 

    Jude Landis , Vice President, Credit Policy and Risk Management , Fannie Mae

    Responsibilities: Jude Landis is Fannie Mae’s Vice President – Single-Family Credit Policy & Risk Management. Reporting to the Senior Vice President and Chief Credit Officer for Single-Family, Landis is responsible for maintaining Selling Guide and Servicing Guide policies and standards, and other risk management activities – including application of policy in Desktop Underwriter® and Collateral Underwriter®.

    Experience: Prior to joining Fannie Mae in 2001, Landis worked at Freddie Mac in bulk transactions and risk management roles. Over the course of her career, Landis has held policy, underwriting management, and other leadership positions in national and regional mortgage organizations in Missouri, Maryland, and Virginia.

    Education: Landis has a bachelor of arts in comparative literature from Washington University in St. Louis and is a graduate of the Women’s Leadership Institute at UCLA.

    Kurt Smith , Senior Director, Credit Policy Risk Analytics , Freddie Mac

    Kurt Smith is Senior Director, Credit Policy Risk Analytics in the Single-Family Risk Management organization. In this role, Kurt is responsible for overseeing the development and maintenance of Freddie Mac’s single-family credit risk standards.  His responsibilities include the creation and communication of credit policy solutions, supporting the development and implementation of new products and services such as those deployed through Freddie Mac’s Loan Advisor Suite, and leading the strategic transformation of credit policy at Freddie Mac.

    Kurt has served in various account management, underwriting leadership, and risk management roles over the course of his career – spanning over 30 years in mortgage finance. Prior to joining Freddie Mac in 2017, Kurt has held US domestic and international leadership positions in credit policy, portfolio, and operational risk management at AIG/United Guaranty Corporation, Mortgage Guaranty Corporation, and Fannie Mae.

    Freddie Mac provides liquidity, stability and affordability to the nation’s residential mortgage markets. We support communities by providing mortgage capital to lenders. Today Freddie Mac makes home possible for one in four home borrowers, and we work with our customers and the industry to make housing more accessible and affordable for homeowners and renters nationwide. Our progress in building a better company and mortgage finance system continues to move housing forward.

    Pam Padgett , Vice President Single Family Underwriting Quality Control , Freddie Mac

    Pam is the Vice President of Single-Family Underwriting and Quality Control for Freddie Mac. She leads the Underwriting and Remedy Management departments that manage performing, non-performing and anti-predatory loan reviews and repurchase resolution. Her teams, located in the Home Office in McLean, Virginia and the Atlanta and Chicago regional offices, work closely with Freddie Mac’s Mortgage Credit Risk Management and Fraud Prevention units. 

    Pam has over 42 years in the mortgage banking industry, from savings and loans to regional mortgage companies, with her most recent 25 years at Freddie Mac. She has managed every aspect of the single-family mortgage origination and closing processes, as well as construction lending, loan servicing and loss mitigation.  

     

    She graduated from the University of Alaska, Anchorage and holds a degree in Psychology with a Minor in Real Estate. Pam is past Secretary-Treasurer of the Alaska Mortgage Bankers Association and past Chairperson of the Education Committee of Virginia’s Young Mortgage Bankers Association (YMBA).  She is based in Freddie Mac’s headquarters in McLean, Virginia.

  • Special Session: The Role of Refi Versus Purchase Lending in the Housing Crisis

    Location: Versailles,
    Second Level


    Speaker(s)

    Lynn M. Fisher, Ph.D. , Vice President, Research and Economics , Mortgage Bankers Association

    Laurie Goodman , Center Director, Housing Policy Finance Center , Urban Institute

    Special Session

    Read more Read less

    Many argue that government policies aimed at increasing first-time homebuyers caused the housing crisis. This session reviews considerable evidence to the contrary and presents new data showing that at the height of the boom mortgage refinances were more likely to default than mortgages taken out to purchase a home, mostly because many people were treating their homes as ATMs through cash-out refinances.

    Speaker(s)

    Lynn M. Fisher, Ph.D. , Vice President, Research and Economics , Mortgage Bankers Association

    Dr. Lynn Fisher serves as Vice President of Research and Economics of the Mortgage Bankers Association (MBA).  In this role, she is responsible for managing MBA's economic and mortgage originations forecasts and developing analysis on issues of importance to the mortgage industry.

    Dr. Fisher also serves as the Executive Director of MBA's Research Institute for Housing America (RIHA), the Association's 503(c)(3) dedicated  to encouraging and aiding - through grants and sponsored research to distinguished scholars, educational institutions, research facilities, and government organizations - the pursuit of knowledge of mortgage markets and real estate finance. 

    Prior to MBA, Dr. Fisher served as Associate Professor of Real Estate and the David D. and Carol Ann Flanagan Scholar at the Kenan-Flagler School of Business at the University of North Carolina, and on the faculty at Massachusetts Institute of Technology's Department of Urban Studies and Planning and the Center for Real Estate.  At MIT, she was director of the MIT/CRE Housing Affordability Initiative.  She received her Ph.D. in business administration from Pennsylvania State University, where she concentrated in real estate finance and microeconomics.  She has an MS in business administration and a BA in international politics, also from Penn State.

    Dr. Fisher's academic research has focused primarily on home ownership, housing affordability, and mortgage financing.  Her academic work has been featured in American Economic Journal: Economic Policy, The Journal of Urban Economics, Real Estate Economics, and The Journal of Real Estate Finance and Economics.

    Laurie Goodman , Center Director, Housing Policy Finance Center , Urban Institute

    Laurie Goodman is codirector of the Housing Finance Policy Center at the Urban Institute. The center is dedicated to providing policymakers with data-driven analyses of housing finance policy issues that they can depend on for relevance, accuracy, and independence. Before joining Urban in 2013, Goodman spent 30 years as an analyst and research department manager at a number of Wall Street firms. From 2008 to 2013, she was a senior managing director at Amherst Securities Group, LP, where her strategy effort became known for its analysis of housing policy issues. From 1993 to 2008, Goodman was head of global fixed income research and manager of US securitized products research at UBS and predecessor firms, which were ranked number one by Institutional Investor for 11 straight years. Before that, she was a senior fixed income analyst, a mortgage portfolio manager, and a senior economist at the Federal Reserve Bank of New York. She was inducted into the Fixed Income Analysts Hall of Fame in 2009. Goodman is on the board of directors of MFA Financial, is an advisor to Amherst Capital Management, and is a member of the Bipartisan Policy Center’s Housing Commission, the Federal Reserve Bank of New York’s Financial Advisory Roundtable, and the New York State Mortgage Relief Incentive Fund Advisory Committee. She has published more than 200 journal articles and has coauthored and coedited five books. Goodman has a BA in mathematics from the University of Pennsylvania and an MA and PhD in economics from Stanford University.

  • Networking Opportunities,

    Reception

Monday, September 25, 2017

  • Committee Meeting

  • Committee Meeting

  • Registration

    Location: Mezzanine,
    Second Level

    Registration

  • Continental Breakfast

    Location: Mezzanine,
    Second Level

    Breakfast,

    Networking Opportunities

  • Exhibit Area Open

    Location: Mezzanine,
    Second Level

    Exhibit Hours

  • Opening General Session: Key Issues in Risk Management - A Regulator's Perspective

    Location: Versailles,
    Second Level


    Speaker(s)

    Michael Fratantoni, Ph.D. , Chief Economist & Senior Vice President, Research & Industry Technology , Mortgage Bankers Association

    Lynn M. Fisher, Ph.D. , Vice President, Research and Economics , Mortgage Bankers Association

    Darrin Benhart , Deputy Comptroller for Supervision Risk Management , Office of the Comptroller of the Currency

    Rodrigo Lopez, CMB , 2017 MBA Chairman , Executive Chairman, NorthMarq Capital Finance

    General Session

    Read more Read less

    Financial regulators are focusing intently on lenders’ risk management organizations and practices. Speakers will address top risks seen in the mortgage market today, and expectations of risk management organizations and how risk managers and regulators can interact productively will be addressed.

    Speaker(s)

    Michael Fratantoni, Ph.D. , Chief Economist & Senior Vice President, Research & Industry Technology , Mortgage Bankers Association

    Michael Fratantoni is MBA's Chief Economist and Senior Vice President of Research and Industry Technology. In this role, he is responsible for overseeing MBA's industry surveys, benchmarking studies, economic and mortgage originations forecasts, industry technology efforts, and policy development research for both single-family and commercial/multifamily markets. Additionally, Fratantoni is president and member of the Board of Directors of the Mortgage Industry Standards Maintenance Organization (MISMO). He also serves on the CSP's Industry Advisory Group.

    Prior to joining MBA, Fratantoni worked in the industry in risk management and senior economist roles at Washington Mutual and Fannie Mae, and was responsible for assessing macroeconomic, regional, housing, and mortgage market trends, and providing technical expertise regarding credit pricing and mortgage policy issues.

    Fratantoni received a Ph.D. in economics from Johns Hopkins University and a B.A. in economics from The College of William and Mary. He has served as an adjunct professor at the University of Washington, and Johns Hopkins, George Washington, and Georgetown Universities and has published papers on housing and mortgage topics in leading economics and real estate finance journals.

    Lynn M. Fisher, Ph.D. , Vice President, Research and Economics , Mortgage Bankers Association

    Dr. Lynn Fisher serves as Vice President of Research and Economics of the Mortgage Bankers Association (MBA).  In this role, she is responsible for managing MBA's economic and mortgage originations forecasts and developing analysis on issues of importance to the mortgage industry.

    Dr. Fisher also serves as the Executive Director of MBA's Research Institute for Housing America (RIHA), the Association's 503(c)(3) dedicated  to encouraging and aiding - through grants and sponsored research to distinguished scholars, educational institutions, research facilities, and government organizations - the pursuit of knowledge of mortgage markets and real estate finance. 

    Prior to MBA, Dr. Fisher served as Associate Professor of Real Estate and the David D. and Carol Ann Flanagan Scholar at the Kenan-Flagler School of Business at the University of North Carolina, and on the faculty at Massachusetts Institute of Technology's Department of Urban Studies and Planning and the Center for Real Estate.  At MIT, she was director of the MIT/CRE Housing Affordability Initiative.  She received her Ph.D. in business administration from Pennsylvania State University, where she concentrated in real estate finance and microeconomics.  She has an MS in business administration and a BA in international politics, also from Penn State.

    Dr. Fisher's academic research has focused primarily on home ownership, housing affordability, and mortgage financing.  Her academic work has been featured in American Economic Journal: Economic Policy, The Journal of Urban Economics, Real Estate Economics, and The Journal of Real Estate Finance and Economics.

    Darrin Benhart , Deputy Comptroller for Supervision Risk Management , Office of the Comptroller of the Currency

    Darrin Benhart is Deputy Comptroller for Supervision Risk Management at the Office of the Comptroller of the Currency (OCC).

    In this role, Mr. Benhart serves as chair of the OCC’s National Risk Committee, which is charged with identifying primary and emerging areas of risk to the federal banking system and ensuring that the risks are communicated throughout the agency and to the industry. Mr. Benhart oversees a team that identifies, monitors, develops, and presents reports on existing and emerging risks and serves as a centralized risk analysis unit within the OCC. He assumed this role in October 2014.  Mr. Benhart previously served as Deputy Comptroller for Credit and Market Risk. In that role, he was a principal advisor on risks facing the banking system and set policies for the Commercial and Retail Credit Policy units.  Since joining the agency in 1992, Mr. Benhart has served in a variety of policy, technical and managerial roles, primarily as a field examiner. In these roles, he directed credit related OCC supervisory activities and managed a staff of resident credit examiners in the commercial and retail credit areas in many of the agency’s largest banks.  Darrin received his undergraduate degree in business administration with an emphasis in finance from the University of Northern Iowa and is a Commissioned National Bank Examiner.

    Rodrigo Lopez, CMB , 2017 MBA Chairman , Executive Chairman, NorthMarq Capital Finance

    Rodrigo López, Chairman-Elect of the Mortgage Bankers Association, is the Executive Chairman of NorthMarq Capital Finance, L.L.C., a mortgage banking company dedicated to providing capital solutions for the multifamily industry. Rodrigo has been actively involved with MBA for almost three decades. He is a former Chairman of MBA's Commercial/Multifamily Board of Governors. He has served on the Association's Board of Directors since 2009, along with a previous stint on the board in 2003 and 2004. Rodrigo was the recipient of MBA's Distinguished Member Award in 2010, MBA's Burton C. Wood Legislative Service Award in 2002, and MBA's Master Faculty Award in 2000. He also received MBA's Certified Mortgage Banker (CMB) designation.

  • Refreshment Break in the Exhibit Area

    Location: Mezzanine,
    Second Level

    Networking Opportunities,

    Refreshment Break

  • Artificial Intelligence in Risk Management

    Location: Trianon,
    Second Level


    Speaker(s)

    Ann Fulmer , Chief Strategy and Industry Relations Officer , FormFree

    Chrissi Rhea , Co-Founder & President , Mortgage Investors Group (MIG)

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

    Niraj Patel , Chief Information Officer of Lending Platforms , IBM

    Concurrent Session,

    Risk Management & Valuation

    Read more Read less

    In an effort to save money and reduce risk, mortgage firms are increasingly exploring artificial or augmented intelligence — systems that enhance and scale human expertise through machine learning and related technologies. Given that 60% of total loan production costs are labor-related, augmented intelligence could have a huge impact on lenders’ bottom lines. Learn what the future has in store for this important issue.

    Speaker(s)

    Ann Fulmer , Chief Strategy and Industry Relations Officer , FormFree

    Ann Fulmer is a nationally recognized expert on residential mortgage lending data integrity, fraud prevention and regulatory compliance. One of the industry’s most recognized authorities and a frequent consultant to business leaders and state and federal agencies, Ann’s expertise stems from more than 20 years in such diverse roles as licensed private detective, county tax assessor, assistant district prosecuting mortgage fraud cases and vice president of industry relations and strategy for Interthinx.

    Ann currently works as Chief Strategy and Industry Relations Officer at FormFree,, the leading provider of automated asset verification services. She lives in the Atlanta area and enjoys spending her free time with her children, granddaughter and dogs.

    Chrissi Rhea , Co-Founder & President , Mortgage Investors Group (MIG)

    Christine C. Rhea is President and CEO of Mortgage Investors Group of Tennessee. Christine co-founded the company in 1989 with a clear focus on serving the customer and the community.  Under her leadership Mortgage Investors Group has expanded from 7 employees to over 375 statewide.   MIG is now the leading independent mortgage lender in Tennessee, with 24 branches across the state.  MIG is an approved seller/server with both Fannie Mae and Freddie Mac, approved lender with USDA, direct endorsement FHA lender as well as VA LAPP lender.   At its core MIG focuses on purchase business and developing relationships with Realtors, builders, borrowers and other industry partners.    MIG has been ranked #1 lender in Tennessee since 2014, #1 Lender for Tennessee Housing Development Agency for the last 13 years and USDA #1 lender in the state for the last 3 years.  MIG has been a member of MBA since 1997. 

    Richard Hill , Vice President of 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.    He holds a BBA in Accounting from the College of William and Mary and is also a Certified Public Accountant.

    Niraj Patel , Chief Information Officer of Lending Platforms , IBM

    Niraj Patel is a senior business executive with a successful track record of uncovering a corporation’s hidden value and opportunities to create long-term innovative solutions to increase market share profitability. His successful plans have included strategies to address organic growth, in-organic growth through acquisitions, investments, technology solutions and exit strategies.  Mr. Patel is currently the CIO of IBM’s Lending Platforms and an executive member of the innovative IBM Mortgage Team specializing in delivering Watson, cognitive machine learning solutions, the cloud, big data, blockchain and evidence-based decisioning to transform the mortgage industry.

    Mr. Patel Co-Founded ISGN, is a Partner at Witmer LLC and Managing Director for the Musser Consulting Group. Mr. Patel works closely with diverse clients including single product firms, medium size firms targeting rapid growth and international conglomerates. Previously Mr. Patel served as a founding member and Executive Vice President/CIO for GMAC Commercial Mortgage. As a member of the Executive Committee, he was a key contributor to the organization’s international growth by consistently delivering double-digit net income growth reaching as high as $341.6 million annually, increasing loan originations from $2 to $29.9 billion, building loan servicing from $5 to $276 billion.  Recognized as an award winning innovator and viewed as one of the leading technologists of his generation, Mr. Patel serves on numerous boards and panels, speaks at industry conferences and has been quoted by The Wall Street Journal and numerous commercial real estate, finance and technology publications.  Mr. Patel’s community and professional memberships have included the Microsoft Executive Circle; Eastern Technology Council; the Board of Advisors of the Marketing Center at the Temple University Fox School of Business; the NPower CIO Advisory Council. His executive board experience includes: the Mortgage Industry Standards Maintenance Organization (MISMO) Board of Directors, EnableUS and MortgageRamp.

    Mr. Patel has a B.B.A. in Finance and a M.I.S. from Temple University.

     

  • QC for Purchase Markets

    Location: Versailles,
    Second Level


    Speaker(s)

    David J. O’Malley , Director, Loan Quality Solutions , LoanLogics

    Madeline H. Johnson, CMB, AMP , Executive Financial Consultant , Milliman, Inc.

    Deana Evert , Senior Vice President of Quality Control , Caliber Home Loans

    Concurrent Session,

    Loan Quality Assurance

    Read more Read less

    As lenders seek to expand their share of the purchase market opportunity, how will the risk profile of lending change? In this session we look at lessons learned from past cycles and talk about how to take advantage of purchase market opportunity through risk analytics, close monitoring of net defect rate against action plans that drive down defects, and inspection of areas of responsibility.

    Speaker(s)

    David J. O’Malley , Director, Loan Quality Solutions , LoanLogics

    David J. O’Malley is the Director of Loan Quality Solutions at LoanLogics. He assists in guiding the quality control product roadmap and spearheads the QC technology and service presentations during the sales process.  He works closely with mortgage lenders to apply automated data validation prior to loan review and best practice audit workflows to their quality management procedures. Prior to joining LoanLogics, David served as Director of Business Development for Quality Assurance for Kroll Factual Data. David was responsible for creating and then expanding the company’s market share in audit review/outsourcing services.  Before Kroll, David was one of the founders and former President of ACES Risk Management Corp. (ARMCO), where he automated many lenders’ quality assurance divisions for roughly 20 years. Among his most notable successes, he helped launch one of the first QC systems in the country, as well as the first web-based QC platform. David also assisted in creating, managing and then selling their QC outsourcing division, formally known as EBS.  David has over 25 years of experience in the financial services industry and is recognized for his expertise in risk management, technology and quality control initiatives.

    David.omalley@loanlogics.com

    www.loanlogics.com

    Madeline H. Johnson, CMB, AMP , Executive Financial Consultant , Milliman, Inc.

    Madeline is an executive financial consultant with the Milwaukee office of Milliman. She is dedicated to analyzing the financial risks associated with issuing and servicing mortgages, mortgage guaranty insurance, and credit enhancement structures. She specializes in secondary and capital markets, risk share, strategic planning, and business development in the mortgage finance industry. Her extensive experience includes executive consultant and senior management positions at Newbold Advisors, United Guaranty, Triad Guaranty, Mortgage Dynamics, Inc. and First Advantage Mortgage Corporation.  She has been an active in the MBA Metro DC, serving as president and chairman, committee chair and board member. She received her Certified Mortgage Banker (CMB) designation in 1998 and the MBA CMB Society Fellow Award in 2003. She has been MBA/MW CMB committee chair since 2004.

    Deana Evert , Senior Vice President of Quality Control , Caliber Home Loans

    Deana Everett is Caliber Home Loans’ SVP of Quality Control.  She manages Originations Post Funding Quality Control, Recourse Remedy and the Fraud Investigation’s Unit.  She has held this role at Caliber for 6 years and has grown the department from 2 initial employees to a team of 33 who perform all Post Funding QC, Recourse Remedy actions and Fraud Investigations in-house.  She chairs various committees meeting regularly with fulfillment partners to ensure the appropriate audit samples are chose to identify and action plans are established that effectively remediate material eligibility and insurability issues.

    Prior to joining Caliber, Deana spent 9 years at Countrywide/Bank of America and managed large (100+) Wholesale Operations teams consisting of registration, funding, underwriting, and processing.  After the merger with Bank of America, she took on the credit risk responsibility for the entire Wholesale Division of Bank of America where she managed all responses to Corporate QC, handled all government suspense items and assisted with recourse remedy on Wholesale loans.  She then moved to Business Control and established a team to act as liaisons between Corporate QC and the entire retail operation.

    Previous to Countrywide, she spent 9 years at The Associates (NKA Citi Mortgage) where she processed, underwrote and then led several operations teams.

    Deana has over 24 years of mortgage originations and risk experience and is highly regarded in the industry as a fulfillment, credit and compliance risk expert.

  • Recent Trends in Fraud Prevention

    Location: Biscayne Ballroom,
    Second Level


    Speaker(s)

    Kevin Ludden , Fraud Industry Relations Manager , Fannie Mae

    Brian Ward , Director, Fraud Prevention , Quicken Loans Inc.

    Robb Hagberg , Senior Director – Fraud Risk , Freddie Mac

    Don Effertz , Vice President, Risk Management , DataVerify, Inc.

    Patti Duranty-Robbins , Associate Vice President, Strategy and Planning Specialist , PNC Bank

    Concurrent Session,

    Fraud Prevention

    Read more Read less

    In today’s risk environment, mortgage fraud continues to be prevalent, and lenders cannot afford to remain complacent. Our expert panel of lenders and GSEs discuss what types of misrepresentation they’re concerned about, what they’re watching for today and how to ensure that fraud is still part of the discussion.
    Prevention techniques and tools essential in today’s lending environment and awareness tips will be provided.

    Speaker(s)

    Kevin Ludden , Fraud Industry Relations Manager , Fannie Mae

    Kevin Ludden is Mortgage Fraud Industry Relations Manager with Fannie Mae’s Mortgage Fraud Program.  The Mortgage Fraud Program identifies, investigates, remediates, and mitigates fraud.  Kevin’s role includes oversight of all internal and external fraud training, while acting as Fannie Mae’s fraud liaison and public spokesperson on fraud related matters.   Kevin has 25 years of extensive fraud investigation and training experience spending 16 years in Freddie Mac’s Fraud Investigation Unit, including 2 years as Fraud Manager with the MHA (Making Home Affordable) program.  From here, he moved on to Interthinx, Flagstar Bank, and most recently, VP of Institutional Investigations at CitiMortgage. He has assisted in a number of criminal and civil fraud cases throughout the country, resulting in numerous prosecutions, and millions in recoveries.  Kevin has worked closely with all levels of law enforcement, and has contributed expert testimony in both civil and criminal trials. Kevin attended the State University of N.Y. at Fredonia, and works out of Fannie Mae’s corporate headquarters in Washington, DC.

    Brian Ward , Director, Fraud Prevention , Quicken Loans Inc.

    Robb Hagberg , Senior Director – Fraud Risk , Freddie Mac

    Robb Hagberg is Senior Director of Fraud Risk at Freddie Mac where he is Freddie Mac’s primary spokesperson on fraud and suspicious activity.  Robb also heads the Single Family Fraud Risk team.  Since 2006, Robb has directed detection, investigation, and resolution of complex mortgage fraud and other fraud schemes that cover all 50 states as well as supporting Freddie Mac’s anti-money laundering efforts.   He also oversees SAR filing and OFAC screening for Freddie Mac.  He and the Single Family Fraud Risk team actively assist numerous government agencies and law enforcement with mortgage fraud investigations including FHFA-OIG, FBI, US Attorney’s Offices, U.S. Postal Inspector, IRS, state regulators and licensing boards. Prior to joining Freddie Mac, he held leadership roles in the fraud investigations and quality assurance spaces for Option One Mortgage in Jacksonville, FL, ABN AMRO/LaSalle in Ann Arbor, MI and Mortgage Guaranty Insurance Corporation (MGIC) in Milwaukee, WI.  Robb has a BS from the Indiana University School of Business.  The focus of his degree was on Marketing, Advertising and Business Management. 

    Don Effertz , Vice President, Risk Management , DataVerify, Inc.

    Don Effertz is Vice President of Fraud Risk Management at DataVerify where he manages a team of seasoned mortgage and fraud professionals who are responsible for assisting with client product understanding, training, customization and product enhancement.  This team also advises clients on product integration, workflow analysis and adjustments to their DRIVE platform to maximize ROI.  Effertz joined DataVerify in December 2008 following a 25 year career in mortgage banking with a primary focus on Operational Risk Management, Quality Assurance and Fraud Prevention.  Prior to joining DataVerify Effertz was a Vice President with Interthinx where he managed several areas including File Review, Customer Service and Industry Relations.  He has published several articles in national periodicals concerning mortgage fraud awareness and prevention and has conducted fraud awareness training courses across the country.  Prior to Interthinx he was with JPMorganChase as SVP over Operational Risk Management where his duties included fraud prevention and investigation, operational risk management, operational quality audits (production and servicing QC), early payment default audits and branch operational audits.  While with JPMorganChase he was a member and former chair of the Operational Risk Management Committee, a member of Freddie Mac’s Fraud Roundtable and MBA’s Fraud and Ethics Subcommittee.  Effertz hold a Bachelor of Science degree from St. John’s University in Collegeville, MN.

    Patti Duranty-Robbins , Associate Vice President, Strategy and Planning Specialist , PNC Bank

    Patti joined PNC Mortgage Investigative Services Group in July 2012 as an Investigations Specialist.  Prior to joining the group she was an Underwriter with PNC Mortgage since September 2009. She brings 25 years of underwriting expertise in contract as well as corporate positions stemming from conventional and subprime markets with experience in mortgage sales and operations management, as well.

  • Underwriting Without Tears: Fair Lending Compliance

    Location: Chopin Ballroom,
    Second Level


    Speaker(s)

    David Skanderson, Ph.D. , Vice President , Charles River Associates

    Paul Hancock, Esq. , Partner , K&L Gates, LLP

    Retta Gardner, CMB , Chief Executive Officer , Guaranty Trust Company

    Tammy Butler, Master CMB , Chief Executive Officer , Fair Lending Diversity, Inc.

    Concurrent Session,

    Underwriting and Compliance

    Read more Read less

    Traditionally underserved markets can be a business opportunity that also reduces compliance risk if lenders approach them with a thoughtful action plan. Panelists discuss how to identify and evaluate potential fair lending redlining risk, and how mortgage lenders can reduce redlining risk by pursuing more diverse and profitable lending opportunities.

    Speaker(s)

    David Skanderson, Ph.D. , Vice President , Charles River Associates

    David Skanderson specializes in the quantitative analysis of financial institution regulatory and litigation issues and advises institutions on their fair lending compliance management programs. He has a 15-year track record of providing practical solutions to regulatory compliance, risk management and public policy problems. Prior to joining CRA, Dr. Skanderson was with the Corporate Compliance department of Washington Mutual Bank where he was first vice president and senior manager of compliance review and analytics. There, he led departments responsible for fair lending statistical analysis and modeling, Home Mortgage Disclosure Act (HMDA) compliance, enterprise-wide compliance testing, and related data and systems support. He also served on enterprise committees and working groups responsible for governance of regulatory compliance, data systems, and model validation. Previously, he held senior manager positions at KPMG LLP and KPMG Consulting Inc. where he led statistically-focused projects on fair lending compliance matters and performed a variety of modeling engagements for corporate and government clients focused on Federal tax, budgetary, and regulatory policy.

    Paul Hancock, Esq. , Partner , K&L Gates, LLP

    Mr. Hancock focuses on the financial services industry, where he has represented companies facing governmental or private claims. He also 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. Mr. Hancock has defended private claims raising similar issues, including private class actions. He has represented industry groups before the Supreme Court, as well as in providing comments to government agencies on rules that impact the industry.
    Mr. Hancock has a long background in federal and state law enforcement prior to entering private practice. He served as chief of the section in the Civil Rights Division of the Department of Justice responsible for enforcing the Fair Housing Act and the Equal Credit Opportunity Act. He received special recognition from Attorney General Janet Reno for his development of the fair lending enforcement program. He later served in state law enforcement as the Deputy Attorney General for South Florida, managing the legal programs in the southern portion of the state (including multi-state consumer protection matters), and personally litigating cases of major significance statewide.
    His pro bono legal services have included challenging a mortgage foreclosure rescue scam as a violation of the Fair Housing Act, successfully representing a homeless man whose social security benefits were terminated because of an aged outstanding warrant in a far-away state, and successfully representing a low income person who faced police harassment and criminal charges for drinking beer on private property.

    Retta Gardner, CMB , Chief Executive Officer , Guaranty Trust Company

    Retta Gardner is the President/CEO of Guaranty Trust Company.  She joined Guaranty Trust Company in 1996 as the Information Technology Manager.  In 2000, Retta was promoted to the senior management team to help establish the Third Party Division of Guaranty Trust Company while also serving as the IT, HR and Marketing Manager.  Gardner was promoted to Executive Vice President in 2010 and to President and CEO in 2013.  During her tenure at Guaranty Trust the company has grown from $250 million in annual production to just over $1.4 Billion in annual production. Gardner received her undergraduate degree in business from Western Kentucky University and a Master of Business Administration Degree from Middle Tennessee State University.  She currently serves as Vice President for the Tennessee Mortgage Bankers Association, Board Member for the United Way of Rutherford County, Board Member for Volunteer State Bank, and a member of MTSU Jones College of Business Advisory Council.  Previously, she served on the THDA Lender Advisory Board.  Guaranty Trust is a direct seller/servicer to FNMA, Freddie Mac, and GNMA.  Guaranty Trust is a wholly owned subsidiary of Volunteer State Bank.

     

    Tammy Butler, Master CMB , Chief Executive Officer , Fair Lending Diversity, Inc.

    Tammy is a Master CMB & LSS Black Belt. She is the CEO of Fair Lending Diversity, a Fair Lending Strategy & Training company that assists lenders in fixing Redlining, Disparate Impact, Pricing Disparity and other fair lending issues discovered by their legal counsel, prudential regulators or statistician. Her firm just recently launched a compliance training series including ECOA, The Fair Housing Act, HMDA, Bias Awareness, Mystery Shopping and RESPA & Marketing. Her successful and unique background in sales, marketing, operations, executive management, training, technology, and compliance, assists her team in providing solutions that are effective and innovative.  As the author of one of the top compliance discussions groups on LinkedIn, industry blog, and frequent contributor to magazines such as Mortgage Compliance Magazine and Mortgage Banking Magazine, Tammy has guided many lenders through all of the new compliance regulations with practical tips and solutions for proper compliance implementation. 

  • Lunch in the Exhibit Area

    Location: Mezzanine,
    Second Level

    Lunch,

    Networking Opportunities

  • Condominium Project Underwriting and Risk Management

    Location: Chopin Ballroom,
    Second Level


    Speaker(s)

    Joseph Minnich, III , Vice President, Condo Coop Management , EverBank

    Jacqueline Doty , Vice President, Industry Solutions , CoreLogic

    Kevin Hickey , Director, Collateral Risk Policy , Freddie Mac

    Sherri Hollenbeck , Project Review Team Project Risk Manager III, Project Review Team , Fannie Mae

    Concurrent Session,

    Underwriting and Compliance

    Read more Read less

    With the growth of high density condominium construction, volumes are steadily growing. Underwriting condominiums is more complex and time consuming than underwriting single family homes. This session features a panel of experts who discuss current issues with project approvals and strategies for underwriting non-warrantable condos, as well as emerging risks in condo lending.

    Speaker(s)

    Joseph Minnich, III , Vice President, Condo Coop Management , EverBank

    Joseph Minnich has 40+ years’ of experience in the real estate industry including real estate brokerage, real property appraisal, residential lending, collateral policy, risk management, condominium and co-op projects, educator, author and entrepreneurIn his current position as Vice President, Condo Co-Op Management, he monitors, revises and implements project eligibility policy as necessary, and develops and maintains relationships with GSE’s, HUD & VA on Condo and Co-op policy issues.  In the past, he has held positions at MetLife Bank, Fannie Mae, and was the president of Minnich Appraisal Group, Inc. 

    He has a passion for training and continuing education, having developed several national programs for the Appraisal Institute and producing training programs for internal Bank Sales and Operations staff at EverBank. He hold a BS – Business Administration – Cum Laude from the University of Maryland University College, and is the author of two books: Appraisal Reporting Options – Appraisal Institute 1996 and 
    Communicating the Appraisal Fannie Mae’s Desktop Underwriter form 2055 – Appraisal Institute 1997. 

    Jacqueline Doty , Vice President, Industry Solutions , CoreLogic

    Jacqueline is responsible for strategic planning, research and development of innovative products and solutions to collateral risk management problems and she oversees the Condominium Underwriting solutions offered by CoreLogic. Jacqueline formerly served as director of collateral risk management for Freddie Mac, overseeing risk related to residential real property valuation, directing policy development, implementing risk management plans and working frequently with customers. Jacqueline earned a bachelor’s degree in economics from the University of Maryland, College Park, and is a graduate of the Mortgage Bankers Association School of Mortgage Banking.

    Kevin Hickey , Director, Collateral Risk Policy , Freddie Mac

    Kevin Hickey is Collateral Risk Policy Manager in the Single-Family organization. He is responsible for development and recommendation of policies and strategies for condominium project, cooperative share loan and PUD/Leasehold/Manufactured Housing-related initiatives and technology oriented projects. 

    Prior to joining Freddie Mac in 2010, Hickey served as a Senior Product Manager at Fannie Mae from 1996-2010.  He has also held various officer-level positions in the primary market in the Washington DC area, where he supervised the functional areas of Operations, Secondary Marketing, Quality Control, and served as the CRA/Affordable Lending Officer at those institutions.  He received a bachelor of science from University of Maryland, College Park.

    Sherri Hollenbeck , Project Review Team Project Risk Manager III, Project Review Team , Fannie Mae

    Sherri Hollenbeck has over 30 years of experience reviewing condo/PUD and co-op projects.  She has worked for Fannie Mae in the Project Standards Department for the past eight years.  The Project Standards department works directly with lenders in helping them understand how to review the various aspects of a condo project.  This covers areas from litigation, budget, commercial, and other Fannie Mae guidelines. Prior to working for Fannie Mae, Sherri worked for various lenders running their Project Approval Departments.  Her background has provided her with a strong level of understanding on the challenges that the lenders face on a day to day basis.   

  • Data Quality Assurance for Automated Mortgage Processes

    Location: Versailles,
    Second Level


    Speaker(s)

    Dave Parker , Director of LoanComplete Operations , Fiserv, Inc.

    Sharon Reichhardt , Director of Client Services , ARMCO

    Duane Gilkison , Director of Credit Risk Management , Fannie Mae

    Kurt Lofrano , Vice President, Strategic Quality Management , Wells Fargo Home Mortgage

    Concurrent Session,

    Loan Quality Assurance

    Read more Read less

    In a digital world, data quality rules. Sourcing, documenting, and validating data are the lifeblood of the system. The benefits are high, but how do you do it? This panel discusses systems, processes and tech solutions for QA in the automated mortgage process.

    Speaker(s)

    Dave Parker , Director of LoanComplete Operations , Fiserv, Inc.

    Sharon Reichhardt , Director of Client Services , ARMCO

    Ms. Reichhardt brings with her twenty-five years in the mortgage industry, most of which were spent in the Quality Control department of EverBank. Her previous experience includes auditing loan servicing, origination compliance, consumer banking and commercial real estate. Prior to joining ARMCO in May 2016, Ms. Reichhardt spent the last several years as the lead administrator and report writer for ACES, served as QC audit coordinator for external audits including FNMA, FHLMC, HUD, CFPB and OCC, and was instrumental in the creation of improved business processes such as executive reporting, regulatory reporting, and quality assurance. Ms. Reichhardt's hands on experience as an ACES administrator in a Quality Control environment gives her a unique perspective to assist clients with implementation, and the many ways ACES can be customized for a range of products and workflows. She is married with two teenaged sons, and enjoys all kinds of sports and theatrical/musical performances, especially those her boys are a part of.

    Duane Gilkison , Director of Credit Risk Management , Fannie Mae

    Duane Gilkison is a Director of Credit Risk Management with Fannie Mae’s Loan Quality Team.  The main focus of his responsibilities is to partner with Fannie Mae customers to resolve and improve loan manufacturing quality.   In his day to day activities, he has leadership responsibility for quality control activities between Fannie Mae and our customers, repurchase resolution activities and customer facing systems that support loan quality testing (QAS and its replacement).  Prior to Duane’s tenure at Fannie Mae he was a Senior Vice President at PNC Mortgage (National City) with responsibility for QC, Credit Policy and Project Standards.  Duane holds a bachelor’s degree in economics from Wright State University. 

    Kurt Lofrano , Vice President, Strategic Quality Management , Wells Fargo Home Mortgage

    Kurt has over 30 years as a mortgage professional with Wells Fargo, specializing in underwriting and quality assurance.  For the past sixteen years, he has been responsible for the quality assurance team.  Scope of responsibilities includes conventional agency, FHA, VA and any other products sold into the secondary market for all business lines within Wells Fargo Home Mortgage.  Kurt has been an active participant in the MBA’s Quality Assurance Leadership Subcommittee for many years and a prior chairperson. Prior to his current responsibilities in capital markets, Kurt held positions within Wells Fargo as national retail underwriting manager, director of regulatory compliance at Prudential Home Mortgage and various underwriting management and operations positions within Prudential, Norwest and Wells Fargo.   

  • Improving the Accuracy of Valuations

    Location: Trianon,
    Second Level


    Speaker(s)

    Gary Skinner , Valuation Director , Freddie Mac

    Carla Nott , Executive Director, Valuations Strategic Delivery , Chase Home Lending

    Alan Hummel , Chief Appraiser , First American Mortgage Solutions

    Darius Bozorgi , President & Chief Executive Officer , Veros Real Estate Solutions

    Concurrent Session,

    Risk Management & Valuation

    Read more Read less

    What do we know about the accuracy of appraisals and AVMs? This session brings you up to speed on when the accuracy of valuations are better and worse so that you can pay greater attention to the deals that need it.

    Speaker(s)

    Gary Skinner , Valuation Director , Freddie Mac

    Gary Skinner is a Certified Residential Appraiser licensed in both Maryland and Virginia. He has 15+ years in residential appraisal and valuation experience and currently serves as Director of Valuation for Freddie Mac. Since joining Freddie Mac in 2012, he has built and managed an appraisal review team responsible for oversight and control of valuation risk. The team, through his leadership, supported the successful launch of the LCA (Loan Collateral Advisor) tool, and its continual improvement and enhancement. Gary’s data and analytic background supplement his appraisal experience to help understand the demands on the industry going forward. He has additionally served as a Collateral Policy Director for the company. Gary’s prior management experience includes eight (8) years at Sprint overseeing teams responsible for data service implementation and technical analysis.

    Carla Nott , Executive Director, Valuations Strategic Delivery , Chase Home Lending

    Carla joined JPMorgan Chase in 2007.  Carla has over 25 years of experience in the financial industry including over 20 years of mortgage banking.  Carla's mortgage experience includes Risk Management, Fraud Prevention, Default Servicing and Process Improvement & Strategy Implementation.  Since joining Chase, Carla has held management roles in Loan Integrity Operations, Capital Markets, Collateral Risk Management and Valuations Operations.  Carla’s current role in Valuations Strategic Delivery includes enhancing valuations products, processes and collateral underwriting.

    Alan Hummel , Chief Appraiser , First American Mortgage Solutions

    Alan Hummel, SRA, serves as Chief Appraiser and Vice President of Valuations for First American Mortgage Solutions. As a Certified General Real Property Appraiser for over 30 years, Alan has provided clients with solutions to a broad variety of real estate issues and has been named by Inman News as one of the top 100 most influential people in real estate and the 2017 Valuation Visionary by the Collateral Risk Network.
    Alan is an AQB Certified USPAP instructor. He has served as the National President of the Appraisal Institute, and as an officer of The Appraisal Foundation. Alan has testified before the U.S. Senate and the U.S. House of Representatives on appraisal issues, and continues to be invited to speak nationwide to banking associations and numerous real estate industry groups on valuation trends and standards of practice.

    Darius Bozorgi , President & Chief Executive Officer , Veros Real Estate Solutions

    Darius Bozorgi is co-founder, president and CEO of Veros, and an industry leader in residential real estate valuation technology, predictive analytics and decision-support technology. He is an acknowledged thought-leader in property valuation, automated decisioning and predictive modeling applications. Mr. Bozorgi has led Veros to be selected as the official technology provider for Fannie Mae and Freddie Mac’s Uniform Collateral Data Portal® (UCDP®), as well as the delivery portal for FHA known as the Electronic Appraisal Delivery (EAD) portal.   Mr. Bozorgi has forged many strategic alliances and partnerships with numerous Fortune 500 companies and leading firms in the financial services and technology sectors, and has led Veros to repeated recognition as one of the top 25 mortgage technology companies in America. Mr. Bozorgi is frequently asked to speak to issues on housing, housing finance, practical applications of technologies and transparency of data in the financial services industry at events held by the MBA, Opal Housing Finance Summit, Predictive Methods Conference, Risk Management Association of America, Five Star Institute, Bipartisan Policy Center and others. He is also called to speak on these issues for media outlets such as Bloomberg, Reuters, CNBC, USA Today and the Wall Street Journal. 

  • Using Tools to Automate Fraud Prevention and Detection

    Location: Biscayne Ballroom,
    Second Level


    Speaker(s)

    Bridget Berg , Senior Director, Fraud Solutions Strategy , Corelogic

    Jessica Kennedy , Corporate Counsel , Solidifi

    Don Effertz , Vice President, Risk Management , DataVerify, Inc.

    William S. Packer , Chief Information Officer , Corporate American Financial Resources Inc

    Michael Chodos , General Counsel, Senior Vice President , Notarize, Inc.

    Jeff Moyer , Chief Product & Strategy Officer , First American Mortgage Solutions

    Concurrent Session,

    Fraud Prevention

    Read more Read less

    Fraudsters continue to change their techniques to take advantage of our evolving industry. To combat fraud, our surveillance methods and controls require continuous improvement. This session dives into the use of automated tools that can help prevent and detect fraud against our organizations.

    Speaker(s)

    Bridget Berg , Senior Director, Fraud Solutions Strategy , Corelogic

    Bridget Berg is Senior Director, Fraud Solutions Strategy, for CoreLogic, where she leads the delivery of fraud risk management solutions to the mortgage industry. With over 30 years of major financial institution experience, she has focused on all aspects of mortgage fraud, managing investigations and developing fraud risk programs and analytics.

    Jessica Kennedy , Corporate Counsel , Solidifi

    Ms. Kennedy leads the legal team responsible for all title and closing business units.  She bridges compliance, legal, technology and operations departments so all areas align.  She joined the company in 2015 and was instrumental in the company’s largest strategic acquisition. With almost a decade of experience in the real estate finance and mortgage lending industry, Ms. Kennedy has a proven track record of proactively and effectively managing legal and compliance issues.

    Prior to joining Solidifi, Ms. Kennedy spent the first several years of her career with two large Boston law firms.   

    Don Effertz , Vice President, Risk Management , DataVerify, Inc.

    Don Effertz is Vice President of Fraud Risk Management at DataVerify where he manages a team of seasoned mortgage and fraud professionals who are responsible for assisting with client product understanding, training, customization and product enhancement.  This team also advises clients on product integration, workflow analysis and adjustments to their DRIVE platform to maximize ROI.  Effertz joined DataVerify in December 2008 following a 25 year career in mortgage banking with a primary focus on Operational Risk Management, Quality Assurance and Fraud Prevention.  Prior to joining DataVerify Effertz was a Vice President with Interthinx where he managed several areas including File Review, Customer Service and Industry Relations.  He has published several articles in national periodicals concerning mortgage fraud awareness and prevention and has conducted fraud awareness training courses across the country.  Prior to Interthinx he was with JPMorganChase as SVP over Operational Risk Management where his duties included fraud prevention and investigation, operational risk management, operational quality audits (production and servicing QC), early payment default audits and branch operational audits.  While with JPMorganChase he was a member and former chair of the Operational Risk Management Committee, a member of Freddie Mac’s Fraud Roundtable and MBA’s Fraud and Ethics Subcommittee.  Effertz hold a Bachelor of Science degree from St. John’s University in Collegeville, MN.

    William S. Packer , Chief Information Officer , Corporate American Financial Resources Inc

    Bill joined AFR in June 2015 and serves as the Company’s Chief Information Officer.  Bill has over 25 years in financial services in a variety of leadership roles in areas such as sales, operations, project management, ecommerce, retail banking, consumer and mortgage lending as well as technology.  Prior to joining AFR, Bill held leadership positions at Bank of America most recently as the Senior Vice President, Application Programming Executive in Bank of America’s Home Loans technology organization where he supported both 1st mortgage and Home Equity business’.   Bill has previously had roles as the Service Delivery Executive, Chief Technology and Chief Information Officer roles as well as Information Security Officer and Privacy Officer at a variety of Mortgage and Home Equity Banking institutions.  Bill was a senior faculty member at Keller University (2001-2005) and he has served on boards for a variety of non-profit organizations.  Amongst several other philanthropic endeavors, Bill is currently part of New York Aquarium’s volunteer scuba diving team.   Bill holds an MBA in Finance from Hofstra University, a BA in Economics from NYU, has been a certified project manager (PMP) since 1998 and also earned the GSEC designation from the SANS institute (2002-2004).  He has completed the University of Virginia, Darden School of Business Bank of America Technology Development  program (2010) and the Harvard University, Bank of America Executive Development Program (2012). 

    Michael Chodos , General Counsel, Senior Vice President , Notarize, Inc.

    Michael Chodos is the Senior Vice President and General Counsel of Notarize, the nation’s leading digital end-to-end remote electronic notary platform.  For businesses and individuals, Notarize makes notarization of their most important documents more convenient, secure and accessible. 

    Michael is a serial entrepreneur and experienced operational leader.  He has advised and accelerated startups, social enterprises and growth-stage companies nationwide and internationally, and is deeply engaged in influencing public policy to boost entrepreneurship, impact investing, and government innovation.  Michael is also a Senior Fellow at the Beeck Center for Social Impact & Innovation at Georgetown University, where his work focuses on impact investing.

    Previously, Michael was the Senior Advisor to the US National Advisory Board on Impact Investing, the US’s arm of the G8’s Global Task Force on Impact Investing.  Michael also served, as a Presidential Appointee, as the Associate Administrator for the Office of Entrepreneurial Development in the US Small Business Administration.  Before joining the Agency, Michael was the principal of a law practice which represented a diverse range of small business entrepreneurs, private equity investors, technology developers and content creators.

    Jeff Moyer , Chief Product & Strategy Officer , First American Mortgage Solutions

    As Chief Product and Strategy Officer for First American Mortgage Solutions, Jeff Moyer provides oversight for product development, marketing and data & analytics. He also leads the business development strategic road map for these areas of the business.

    Jeff has 20-plus years of experience in the technology and financial services space. He previously served as president of Interthinx® (now part of First American), which provided risk mitigation services and decision analytics for financial service markets.

    Jeff’s areas of expertise include collateral risk and valuation, regulatory compliance, forensic loan audit, loss mitigation, loss forecasting and servicing, and post-close and prefunding quality control. He has a bachelor’s degree in economics from the University of California, Los Angeles.

  • Refreshment Break in the Exhibit Area

    Location: Mezzanine,
    Second Level

    Networking Opportunities,

    Refreshment Break

  • Briefing the Board

    Location: Trianon,
    Second Level


    Speaker(s)

    John Levonick , Director of Regulatory Compliance , Clayton Holdings

    Tara Friedman , Consumer Finance Group Senior Manager , PWC

    Jason McElroy , Partner , Weiner Brodsky Kider PC

    David K. Stein, Esq. , Of Counsel , Bricker & Eckler, LLP

    Concurrent Session,

    Risk Management & Valuation

    Read more Read less

    Learn how to effectively communicate with your board of directors. Hear how to use data visualization and analytics to present risk and compliance metrics to your executive team and board of directors.

    Speaker(s)

    John Levonick , Director of Regulatory Compliance , Clayton Holdings

    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.

    Mr. Levonick earned his Bachelor of Arts from Eastern Connecticut State University and his J.D. from the University of Miami, School of Law.

    Tara Friedman , Consumer Finance Group Senior Manager , PWC

    Tara is a Senior Manager with PwC's Consumer Finance practice in Denver, CO.  She has over 10 years of experience leading and managing teams business process analysis within consumer lending , assessing  third party risk management programs, and auditing real estate investment institutions including valuation analysis. Prior to her experience in consumer finance, she specialized in the commercial real estate industry.  Her range of experience includes valuation and accounting including valuation model assumption validation and enterprise-wide controls testing approaches.  Tara is a licensed CPA in the state of New York and holds a Bachelor of Science degree from Babson College.

    Jason McElroy , Partner , Weiner Brodsky Kider PC

    Jason represents companies in the financial services and housing industries in state and federal litigation.  Jason has experience in all aspects of litigation, including pre-trial proceedings, motions, discovery, pleadings, and appellate practice.  Jason has represented clients in federal and state courts, as well as before federal agencies such as the Department of Justice, Federal Trade Commission (FTC), U.S. Department of Housing and Urban Development (HUD), and the Consumer Financial Protection Bureau (CFPB).  Jason defends claims involving state and federal consumer protection statutes, unfair trade practices, financial regulatory statutes, and housing regulations. 

    Jason also provides regulatory counsel to financial companies regulated by the CFPB, including assisting with preparation for regulatory examinations, representation in investigations, and targeted reviews.  Jason regularly speaks at industry functions nationwide regarding regulatory and litigation matters affecting the financial services industry.  Jason also has served on the Editorial Advisory Board for Banking Law 360, and is a member of the American Bar Association’s Consumer Financial Services Committee.

    David K. Stein, Esq. , Of Counsel , Bricker & Eckler, LLP

    David Stein is chair of Bricker & Eckler's Consumer Financial Services group and a member of the firm’s Litigation and Employment & Labor groups. David is a veteran in the financial services industry, having served nearly two decades as senior vice president and general counsel for two national mortgage lenders. His insider’s perspective on the business operations of lending institutions and the constraints of oversight, supervision and management provides him with unique insight in working with banking and lending clients to build comprehensive strategies for growth and development. David has created comprehensive training programs in all areas of consumer law, including lending and servicing. He works with state and federal regulatory agencies and develops model policies, protocols and compliance management systems, and directs audits, investigations, and responses to enforcement and regulatory issues related banking and consumer law issues. David has served on various banking industry committees, including the Mortgage Bankers Association’s Qualified Mortgage / ATR task force and independent banking working group. He hold a B.A., political science, from The Ohio State University and J.D., cum laude, Capital University.

  • Common Denominator: Use of Trended Quality Control Analysis

    Location: Biscayne Ballroom,
    Second Level


    Speaker(s)

    Keith Little , Secondary Market Manager , Centennial Bank

    West Beibers, CMB , President , The Commonwealth Group

    Matthew Murphy , Senior Mortgage Consultant , The Commonwealth Group

    Concurrent Session,

    Fraud Prevention

    Read more Read less

    Trended data can be a powerful tool for locating and disrupting organized fraud for profit. Our expert panelists discuss how to benefit your organization by looking beyond the typical markers of fraud — common LO’s, closing agents — and tracking non-traditional items including nonresponses to QC reverifications, cross-referencing defaults, comparing defaults and QC findings.

    Speaker(s)

    Keith Little , Secondary Market Manager , Centennial Bank

    Keith began his career in the mortgage industry in 2006 at a national servicer.  He performed various roles from audit to acquisitions before transitioning to secondary marketing.  He holds a MBA in Finance from the University of Arkansas and an AMP designation.  

    West Beibers, CMB , President , The Commonwealth Group

    West Beibers is a 30 year veteran of the mortgage industry. A graduate of the University of Memphis, West has served in a variety of capacities including production, underwriting, quality control, compliance, servicing, and portfolio analysis. West is an FHA Direct Endorsement Underwriter and VA SAR – Automatic Underwriter. He is also an expert in FNMA/FHLMC underwriting and lender requirements. West consults regularly on both legislative and regulatory issues at the national level. He is an active member of the Mortgage Bankers Association and has served on a number of committees. He holds the Certified Mortgage Banker designation (CMB) from the Mortgage Bankers Association of America.

    Matthew Murphy , Senior Mortgage Consultant , The Commonwealth Group

  • Construction Lending: Compliance and Risk Management

    Location: Chopin Ballroom,
    Second Level


    Speaker(s)

    Lynn M. Fisher, Ph.D. , Vice President, Research and Economics , Mortgage Bankers Association

    Kevin Smith , Finance and Loan Analyst, Single Family Housing Guaranteed Loan Division, Rural Development , U.S. Department of Agriculture

    Marsha Williams , Senior Attorney , Mortgage Resources Group, LLC/MRG Document Technologies

    Concurrent Session,

    Underwriting and Compliance

    Read more Read less

    Consumer construction lending is quickly becoming the mortgage industry’s most sought after loan product. There’s no doubt it has inherent risks and potential pitfalls, however much of this can be avoided by simply following industry best practices. This session explores how you can grow your construction lending business by first establishing good risk management practices.

    Speaker(s)

    Lynn M. Fisher, Ph.D. , Vice President, Research and Economics , Mortgage Bankers Association

    Dr. Lynn Fisher serves as Vice President of Research and Economics of the Mortgage Bankers Association (MBA).  In this role, she is responsible for managing MBA's economic and mortgage originations forecasts and developing analysis on issues of importance to the mortgage industry.

    Dr. Fisher also serves as the Executive Director of MBA's Research Institute for Housing America (RIHA), the Association's 503(c)(3) dedicated  to encouraging and aiding - through grants and sponsored research to distinguished scholars, educational institutions, research facilities, and government organizations - the pursuit of knowledge of mortgage markets and real estate finance. 

    Prior to MBA, Dr. Fisher served as Associate Professor of Real Estate and the David D. and Carol Ann Flanagan Scholar at the Kenan-Flagler School of Business at the University of North Carolina, and on the faculty at Massachusetts Institute of Technology's Department of Urban Studies and Planning and the Center for Real Estate.  At MIT, she was director of the MIT/CRE Housing Affordability Initiative.  She received her Ph.D. in business administration from Pennsylvania State University, where she concentrated in real estate finance and microeconomics.  She has an MS in business administration and a BA in international politics, also from Penn State.

    Dr. Fisher's academic research has focused primarily on home ownership, housing affordability, and mortgage financing.  Her academic work has been featured in American Economic Journal: Economic Policy, The Journal of Urban Economics, Real Estate Economics, and The Journal of Real Estate Finance and Economics.

    Kevin Smith , Finance and Loan Analyst, Single Family Housing Guaranteed Loan Division, Rural Development , U.S. Department of Agriculture

    Finance and Loan Analyst for National Office Single Family Housing Guaranteed Loan Division since in July 2015.  Assist in the development of Single Family Housing Guaranteed Loan Program policy, strategies and training to improve homeownership opportunities in rural America.

    Started career with Rural Development, previously know as Farmers Home Administration, in June 1982. Worked multiple locations, in various capacities, throughout Michigan for Rural Development before joining the National Office of Rural Development in 2015. 

    A graduate of Michigan State University with a Bachelors of Science Degree.  

     

     

     

    Marsha Williams , Senior Attorney , Mortgage Resources Group, LLC/MRG Document Technologies

    Marsha L. Williams is senior attorney on the legal staff of Mortgage Resources Group, LLC.

    Ms. Williams received her B.A. degree from Oklahoma State University and her J.D. from the University of Oklahoma.  She is admitted to practice in Texas and Oklahoma and is a member of the American and Dallas Bar Associations. She is a Life Fellow of the American Bar Foundation, a member of the College of the State Bar of Texas, a Texas Top Rated Lawyer, a Top Rated Lawyer in Banking and Finance Law, a Top Rated Lawyer in Real Estate Law, and listed by Fortune Magazine as Women Leaders in Law.

    Marsha Williams is a Past President of the Dallas Mortgage Bankers Association, having previously served as Vice President, Treasurer and Chair of the Judiciary/Legislative Committee. She received the 1999 Texas Mortgage Bankers Association Distinguished Service Award. Ms. Williams has served on the National MBA Board of Directors and is a member of the State Legislative and Regulatory Committee, and the Legal Issues Committee.  She is past Chair of the MBA's Mortgage Action Alliance, State Legislative and Regulatory, Education and the State and Local MBA Liaison Committees. Ms. Williams received the 1996 MBA State and Local MBA Service Award, the 2004 and 2008 MORPAC Schumacher-Bolduc Award and was honored at the 2009 MBA Convention for her involvement with MORPAC. She has served on the National Advisory Council of Fannie Mae and has also served on the faculty of the MBA’s Mortgage Banking School. She has made numerous presentations related to regulatory compliance at the national Mortgage Bankers Association Convention, to local, state and national trade association conferences and legal seminars and has published articles in various legal and trade journals. Ms. Williams is a co-author of Pratt's State Regulation of Second Mortgages and Home Equity Loans published by A. S. Pratt & Sons. She was a contributing editor for the States of Texas, Oklahoma and Louisiana for the South Central Region Volume of Residential Mortgage Lending: State Regulation Manual published by Clark Boardman Callaghan, was contributing editor for the Regulatory Compliance Manual and for the Handbook for Loan Administration, both published by the Mortgage Bankers Association of America, and was co-author of “Overview of Residential Mortgage Lending Regulations,” Dunnaway, FIRREA: Law and Practice: and The Law of Distressed Real Estate, also published by Clark Boardman Callaghan. She also was a member of the Attorney’s Committee of the Texas Conference on Homeowners Rights and the Texas Consumer Credit Commissioner’s Plain Language Task Force.  Ms. Williams has chaired the Texas Bankers Association Legal Conference.  She is a member of the Texas Association of Bank Counsel and has served on its Board of Directors.

    In February, 1999 Ms. Williams was appointed by then Texas Governor George W. Bush to the Board of the Texas Department of Housing and Community Affairs to represent lending institutions.  She has also served on the Board of the National Conference of State Housing Boards. 

    Currently Ms. Williams serves on the Governing Committee of The Conference on Consumer Finance Law and chairs the Board of Advocates for the University of Oklahoma College of Arts and Sciences.

     

  • Using Data to Restructure Your QA and Underwriting Process

    Location: Versailles,
    Second Level


    Speaker(s)

    Susan Allen , Principal, Product Solutions, VSG Leadership , CoreLogic

    Robert Miller-Bagley , Chief Credit Risk Officer , Hamilton Group Funding

    Mark M. Fleming, Ph.D. , Chief Economist , First American Title Insurance Company

    Concurrent Session,

    Loan Quality Assurance

    Read more Read less

    With more and better quality data in hand, how do you restructure the loan production process to make the best possible decisions in funding quality loans? This session follows the evidence to show how to restructure the process for optimal quality assurance and underwriting.

    Speaker(s)

    Susan Allen , Principal, Product Solutions, VSG Leadership , CoreLogic

    Susan Allen has more than twenty years of experience as a risk and operations executive.
    Susan previously served as vice president of Global Fraud and Valuations for CoreLogic where she was responsible for managing property valuation and fraud solutions in the U.S. and abroad, developing industry leading risk management products and consulting with clients to improve lending and servicing decisions. Prior to joining CoreLogic, Susan was chief collateral officer for JP Morgan Chase where she was responsible for generating, purchasing and evaluating property valuations and establishing, monitoring and defending risk policies. She served on committees overseeing operations risk, fraud risk and compliance risk, and assisted with the integration of Washington Mutual’s collateral risk operations and policies into JP Morgan Chase.


    Susan previously held a similar collateral risk position with General Motors Acceptance Corporation, where she tested and deployed AVM and mortgage fraud solutions and managed valuations departments. Prior to that, she served as senior risk manager for U.S. Bank, managing credit card fraud, anti-money laundering solutions, deposit account fraud and internet fraud. While at U.S. Bank, she successfully leveraged models, technology and operations to significantly reduce fraud losses and increase approvals. Susan also previously served as a senior consultant for several international financial services firms, providing risk management technology and analytics services to Macquarie Bank, Ford Motor Credit and Conseco Capital Management. Susan is a regular speaker at banking conferences and frequently publishes articles regarding the latest developments in risk management analytics.


    Susan holds a Bachelor of Arts degree in finance from Michigan State University and an MBA in international economics from Indiana University.

    Robert Miller-Bagley , Chief Credit Risk Officer , Hamilton Group Funding

    After attending Valdosta State University, Bob Bagley enlisted in the U.S. Army in the Military Intelligence Linguistic branch where he learned Chinese, Hungarian and German and obtained a Top Secret clearance with US and Foreign intelligence matters.  After leaving the military, Bob started his Mortgage Career with Norwest Mortgage (Now Wells Fargo) in the processing division.  Bob quickly advanced from processor to Senior Underwriter and left his position to work with a start up firm, First Equity Mortgage.  After obtaining the firm their FHA designation, Bob moved into the sales side as a branch manager and ran the most profitable branch for the retail  company.  Since that time, Bob has been a senior underwriter with UAMC (The mortgage side of Lennar Homes), an AVP with Chase running their largest wholesale underwriting division,  a VP with WCS Lending  as their head of Credit Risk and now has found his home with Hamilton Funding Group as the Chief Credit Risk officer, SVP.  With over twenty five years in the mortgage industry, Bob has been on both the sales and risk side so fully understands the need to temper risk processes with a sales friendly view.

    Mark M. Fleming, Ph.D. , Chief Economist , First American Title Insurance Company

    Mark Fleming serves as the chief economist for First American Financial Corporation, a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. In his role, he leads an economics team responsible for analysis, commentary and forecasting trends in the real estate and mortgage markets.

    Fleming's research interests primarily include real estate and urban economics, applied econometrics and mortgage risk. He has published research in the American Journal of Agricultural Economics and Geographic Information Sciences. His research has also been published in the book, "Advances in Spatial Econometrics," and is a U.S. patent author.

    As a trusted and influential voice with 20 years of experience in the mortgage and property information business, Fleming is frequently quoted by national news outlets and industry trade publications such as The Wall Street Journal, The New York Times, and Housing Wire and he is a regular guest on high-profile broadcast news channels, including CBS, CNBC, Fox Business News and NPR.

    Before joining First American, he developed insights and analytical products for CoreLogic, and property valuation models at Fannie Mae. Fleming graduated from the University of Maryland with a Master of Science and a doctorate in agricultural and resource economics and holds a Bachelor of Arts in economics from Swarthmore College. He lives and works in the Washington, D.C. area.

  • Refreshment Break in the Exhibit Area

    Location: Mezzanine,
    Second Level

    Networking Opportunities,

    Refreshment Break

  • Special Session: FHA and VA Update

    Location: Versailles,
    Second Level


    Speaker(s)

    John Whitt , U.S. Department of Veterans Affairs

    Lynn M. Fisher, Ph.D. , Vice President, Research and Economics , Mortgage Bankers Association

    Alberto Planas , Assistant Director of Oversight, Loan Guarantee Service , U.S. Department of Veterans Affairs

    Glenn Dumont , Deputy Director of the Atlanta Homeownership Center , U.S. Department of Housing and Urban Development

    Sharvon Jackson , Assistant Loan Production Officers in the St. Petersburg Regional Loan Center (RLC) , U.S. Department of Veterans Affairs

    Special Session

    Read more Read less

    Join representatives from the FHA and VA for an update on the challenges involved in government lending programs. Interact directly with representatives, ask questions and get answers to any challenges you are facing in your underwriting and QC operations.

    Speaker(s)

    John Whitt , U.S. Department of Veterans Affairs

    John Whitt is a member of the Loan Guaranty Service Quality Assurance team.  The Quality Assurance team is responsible for overseeing the risk management project for the service and performing oversight of VA’s Regional Loan Centers.  Prior to joining the VA, John worked for HUD as a Supervisory Single Family Housing Specialist.  In this role, he supervised a dynamic staff and performed oversight of HUD’s Management and Marketing (M&M) Contractors.

    Prior to civil service, John owned and operated a real estate appraisal firm for several years in Colorado.  John also proudly served six years in the Colorado Army National Guard.  During Operation Iraqi Freedom, John was deployed to Iraq where he served as the Communications Sergeant for the 947th Engineer Company.

    Lynn M. Fisher, Ph.D. , Vice President, Research and Economics , Mortgage Bankers Association

    Dr. Lynn Fisher serves as Vice President of Research and Economics of the Mortgage Bankers Association (MBA).  In this role, she is responsible for managing MBA's economic and mortgage originations forecasts and developing analysis on issues of importance to the mortgage industry.

    Dr. Fisher also serves as the Executive Director of MBA's Research Institute for Housing America (RIHA), the Association's 503(c)(3) dedicated  to encouraging and aiding - through grants and sponsored research to distinguished scholars, educational institutions, research facilities, and government organizations - the pursuit of knowledge of mortgage markets and real estate finance. 

    Prior to MBA, Dr. Fisher served as Associate Professor of Real Estate and the David D. and Carol Ann Flanagan Scholar at the Kenan-Flagler School of Business at the University of North Carolina, and on the faculty at Massachusetts Institute of Technology's Department of Urban Studies and Planning and the Center for Real Estate.  At MIT, she was director of the MIT/CRE Housing Affordability Initiative.  She received her Ph.D. in business administration from Pennsylvania State University, where she concentrated in real estate finance and microeconomics.  She has an MS in business administration and a BA in international politics, also from Penn State.

    Dr. Fisher's academic research has focused primarily on home ownership, housing affordability, and mortgage financing.  Her academic work has been featured in American Economic Journal: Economic Policy, The Journal of Urban Economics, Real Estate Economics, and The Journal of Real Estate Finance and Economics.

    Alberto Planas , Assistant Director of Oversight, Loan Guarantee Service , U.S. Department of Veterans Affairs

    Alberto Planas was appointed the Assistant Director of Oversight for the Department of Veterans Affair’s Loan Guaranty Service in September 2012.  In this capacity, he is responsible for oversight of the VA Home Loan program, which includes overseeing the work of VA’s eight Regional Loan Centers, Lenders and Servicers that participate in the VA Home Loan program, Loan Guaranty’s Risk Management program, as well as VA’s contract for its Real Estate Owned (REO) and Portfolio Servicing Contract (RPSC).  Alberto started with VA as a Presidential Management Fellow in 2005.  Since that time, he served in progressively responsible positions on the Loan Guaranty’s Director’s Staff and Oversight group.  Alberto received an undergraduate degree in Communications from Southeastern Louisiana University and a Master’s degree in Business Administration from the University of New Orleans.  An Iraq War Veteran, he joined the Air National Guard in 1992 and retired as a First Sergeant in 2013.  Alberto currently lives in the Nashville, TN area with his wife, Katherine, his son, Alexander, & his daughter, Liliana.

    Glenn Dumont , Deputy Director of the Atlanta Homeownership Center , U.S. Department of Housing and Urban Development

    Glenn is the Deputy Director of the Atlanta Homeownership, U.S. Department of Housing & Urban Development, (AHOC). The AHOC is staffed by approximately 160 persons is responsible for overseeing Single Family programs in 14 Field Offices located within two regions and 12 states/Territories.  Glenn’s experience and knowledge has touched just about every aspect of the mortgage industry. He joined HUD in 2010, as a Chief, Processing and Underwriting Division, was selected as the Director of the Processing and Underwriting Division in 2013, and promoted as Deputy Director of the Atlanta Homeownership Center in 2015. 

    Prior to his tenure at HUD, Glenn spent over 25 years in the mortgage industry both in sales and operations. He worked in a variety of senior level banking positions including serving as the Vice President/Underwriting Manager for TD Bank in New England; Vice President, Production Administration for Market Street Mortgage Company in Florida, and as Vice President/Director of Mortgage Operations for Commonwealth Bank and Trust Company in Kentucky.  Glenn and his wife, Doris, have been married for 31 years. They have two grown sons, one is a Captain in the Army, and the other is employed in Sales and Marketing.

    Sharvon Jackson , Assistant Loan Production Officers in the St. Petersburg Regional Loan Center (RLC) , U.S. Department of Veterans Affairs

    Sharvon Jackson was selected as the Assistant Loan Production Officers in the St. Petersburg Regional Loan Center (RLC) in May 2014. She is responsible for overseeing the work of the St. Petersburg (RLC).  In addition, she also oversees jurisdictional training to lenders, brokers, realtors and Veterans on VA guidelines regarding eligibility, loan origination, credit underwriting, processing, closing and guaranteeing as well as loan quality. Sharvon began her federal service in July 2000 as an active duty military member with the United States Air Force. She began service with the Department of Veterans Affairs in 2006 and in 2008 she began working in Loan Guaranty as a Loan assistant. Sharvon graduated from University of Maryland University College with a Bachelor of Science degree in Human Resource Management and she holds a Master’s in Management and Business Administration from the University of Phoenix.  She currently resides in the Tampa Bay area, in Clearwater Florida.

  • Networking Opportunities,

    Reception

Tuesday, September 26, 2017

  • Committee Meeting

  • Registration

    Location: Mezzanine,
    Second Level

    Registration

  • Continental Breakfast

    Location: Mezzanine,
    Second Level

    Breakfast,

    Networking Opportunities

  • Exhibit Area Open

    Location: Mezzanine,
    Second Level

    Exhibit Hours,

    Networking Opportunities

  • Current Fraud Issues for Law Enforcement

    Location: Biscayne Ballroom,
    Second Level


    Speaker(s)

    Jennifer Link , AML Officer/Director of Fraud Risk , Caliber Home Loans, Inc.

    Rene Febles , Deputy Inspector General for Investigations , Federal Housing Finance Agency (FHFA), Office of the Inspector General

    Christa Lynn Greco , Intelligence Analyst, Criminal Investigative Division , Federal Bureau of Investigation

    Michael V. Powell , Special Agent in Charge, Joint Civil Fraud Division , U.S. Department of Housing and Urban Development

    Concurrent Session,

    Fraud Prevention

    Read more Read less

    What is on the forefront off fraud in the mortgage industry?  Attend to learn current mortgage fraud issues and cases law enforcement agencies are going after. Hear about recent schemes and how to protect your organization.

    Speaker(s)

    Jennifer Link , AML Officer/Director of Fraud Risk , Caliber Home Loans, Inc.

    Jennifer started career in mortgages in 1986. Worked in a variety of management positions in both mortgage originations and servicing. The bulk of the time was primarily spent in underwriting, switching focus to fraud and anti-money laundering full time in 2008. Jennifer joined Caliber Home Loans in 2016.  Jennifer is a Certified Fraud Examiner and is in process of obtaining a CAMs (Certified Anti-Money Laundering Certificate).

    Rene Febles , Deputy Inspector General for Investigations , Federal Housing Finance Agency (FHFA), Office of the Inspector General

    Rene Febles started his career with HUD OIG in 1991 when he was hired in New York City as an auditor. During his tenure as an auditor, Rene conducted various audits of HUD Programs to include Public Housing Agencies (PHA), Multifamily Developments, Community Planning and Development (CPD) and Single Family Programs.

    In 1995, Rene Febles was selected as a Special Agent in the Newark, NJ office. While in Newark, Rene conducted investigations of PHA Officials, investigated and helped convict 2 Mayors and assisted in the conviction of a Drug ring that infiltrated the Federal Housing Administration (FHA) single family program.
    In 2001, after the tragedy of 9-11, Rene assisted in the investigation of and recovery of evidence related to the attack on NYC. In 2002, Rene was selected as the Assistant Special Agent in Charge of the Philadelphia, PA Office. While there, Rene supervised the Philadelphia and Pittsburgh staff investigate mortgage fraud. In 2007, Rene was selected as the Special Agent in Charge for the HUD OIG New York Office. While in New York, SAC Febles helped establish multiple Mortgage fraud task-forces and working groups. In addition throughout his career with HUD OIG, Rene assisted in developing various training programs for HUD OIG Special Agents. These include the Section 8/Multifamily training program and the CPD fraud training program.

    In 2011, Rene began his career with the Federal Housing Finance Agency (FHFA), Office of the Inspector General (OIG). He has served as Senior Special Agent, and Special Agent in Charge in New York and New Jersey. In 2012, Rene was promoted to the Assistant Inspector General for Investigations and in 2014, was promoted again to the Deputy Inspector General for Investigations, both in Washington, D.C.

    Christa Lynn Greco , Intelligence Analyst, Criminal Investigative Division , Federal Bureau of Investigation

    Christa Lynn Greco is an Intelligence Analyst (IA) with the FBI’s Criminal Investigative Division specializing in mortgage fraud matters with a national threat focus. She participates in numerous government and industry working groups and has authored numerous mortgage fraud-related intelligence reports and case studies. IA Greco has a Master’s of Science in Criminal Justice from the University of Cincinnati and has been with the FBI for 21 years.

    Michael V. Powell , Special Agent in Charge, Joint Civil Fraud Division , U.S. Department of Housing and Urban Development

    Mike Powell is the Special Agent in Charge for the Joint Civil Fraud Division for the U.S. Department of Housing and Urban development (HUD), Office of Inspector General (OIG).  He coordinates the OIG’s investigative resources nationally to support civil investigations. Mike has 22 years of federal service.  He began his career as a HUD-OIG Auditor in Kansas City.  In 1997, he transitioned to the HUD-OIG Office of Investigation where he served as a Special Agent and Assistant Special Agent in Charge.  In 2007, he was promoted to Special Agent in Charge.  He has served in this capacity for HUD-OIG's Region 4, Region 7, and now the Joint Civil Fraud Division.  Throughout these years, he has participated in a wide variety of matters ranging from drugs and violent crime to some of the largest mortgage fraud investigations in the country.

  • Hot Topics in Underwriting and Regulatory Compliance

    Location: Chopin Ballroom,
    Second Level


    Speaker(s)

    Peter Kirby , Chief Executive Officer , Factom

    Kathleen Ryan , Counsel , Buckley Sandler, LLP

    Ben Wu , Executive Director , LoanScorecard

    Joy Gilpin , Vice President of Mortgage Learning & Compliance , Indecomm

    Concurrent Session,

    Underwriting and Compliance

    Read more Read less

    The new Home Mortgage Disclosure Act (HMDA) data collection requirements go into effect January 1, 2018, giving regulators unprecedented visibility into how lenders’ underwrite and price loans. Lenders need to be prepared to defend each loan file individually. Expert panelists focus on underwriting practices and how new technologies, such as Blockchain, may allow for the creation of compliance preservation.

    Speaker(s)

    Peter Kirby , Chief Executive Officer , Factom

    Peter Kirby is the Co-founder & CEO of Factom , the first usable blockchain technology to solve real world business problems by providing an unalterable record keeping system. A pioneer in his field, Peter works with leaders in financial services, government and law to address the most complex data security issues around the globe. A seasoned entrepreneur, Peter has spent the past 15 years involved in numerous successful early-stage tech companies and possesses a deep knowledge of business development and community-based marketing in the technology sector. His ventures have ranged from neurological supplements and investment financing to commercial development and real estate. As a leader in the blockchain space, Peter has led multi-million dollar operations and was the driving force behind delivering major products to market.

    Peter’s expertise in distributed ledger technology has made him a sought-after speaker across the world, where he has presented at conferences including the Land and Poverty Conference 2016, American Banker Digital Currency Conference, and Urban Land Institute Summit . Peter is also a trusted source for leading outlets such as The Wall Street Journal, Financial Times and numerous other industry trade publications. Peter earned his degree in biochemistry from Lehigh University in Bethlehem, PA and later pursued his MBA in Entrepreneurship from the Acton School of Business in Austin, TX, where he graduated Summa Cum Laude. 

    Kathleen Ryan , Counsel , Buckley Sandler, 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.

    Ben Wu , Executive Director , LoanScorecard

    Benjamin Wu is executive director of LoanScorecard, a leading provider of automated underwriting and compliance solutions. In this role, he regularly works with clients to assess their current and future needs, helping them apply technology to their credit decision process, to increase reach, mitigate risk and broaden credit availability.  Wu has more than 20 years of experience in the mortgage technology industry. At LoanScorecard, he has spearheaded the development of the company’s automated underwriting system, Portfolio Underwriter; product and pricing engine, Pricer1; automated sales distribution system, Portfolio Producer; and QM Findings, the first Qualified Mortgage solution on the market. Wu is also one of the founding members of CalyxSoftware and was instrumental in the conception and execution of some of its core solutions, including Point for Windows, PointCentral and WebCaster.  Wu has spoken at numerous industry events and contributed articles to several trade publications, including CUToday, Credit Union Journal, MortgageOrb, Mortgage Banking, and Scotsman Guide. In addition, he was named a 2016 HousingWire Vanguard Award Winner.  Wu holds a bachelor’s degree from the University of California Berkeley and a master’s degree in computer science from Stanford University.

    Joy Gilpin , Vice President of Mortgage Learning & Compliance , Indecomm

    Joy holds the position of Vice President, Mortgage Learning and Compliance at Indecomm Global Services. Her role requires a keen understanding of the lending process, regulatory oversight, and risk mitigation. Prior to joining Indecomm, Joy was Director of Business Writing and Education for Ellie Mae, supporting the AllRegs product offering. She built the Business Writing team and has a long history of advocating for compliance and efficiency in the mortgage lending space. With nearly 20 years of professional expertise in the lending space, she provides great insight and understanding of the challenges lenders face today and brings a tremendous energy and enthusiasm to the table, making her a highly effective educator and leader. 

    Joy has created policy and educational content to support highly efficient lending and underwriting practices that are compliant with regulations. She led the charge for nationwide licensure as the Compliance Manager with Indecomm where she established herself as a leading expert in the industry. She spent over five years working with a wide swath of industry professionals creating and implementing tools that support regulatory oversight while helping practitioners. Joy can be reached at joy.gilpin@indecomm.net.

  • Improving Loan Quality with Analytics

    Location: Versailles,
    Second Level


    Speaker(s)

    Eileen Wilson , Vice President , Regions Financial Corporation/ Regions Mortgage

    Craig Zielazny , Senior Vice President, Valuation Analytics , Mercury Network

    Phil McCall , President , ARMCO

    Michelle Grommesh , Vice President, Line of Business Risk Lead Fulfillment Administration , PNC Bank

    Concurrent Session,

    Loan Quality Assurance

    Read more Read less

    What are the new advances in loan quality analytics that will allow your company to make better decisions in the years ahead?  Hear experts talk about tried and true analytics as well as new methodologies and systems that will lead to better loan quality.

    Speaker(s)

    Eileen Wilson , Vice President , Regions Financial Corporation/ Regions Mortgage

    Eileen Wilson is Vice President of Regions Financial where she has worked for 37 years in various areas of Mortgage Lending and Servicing.  She currently manages the Consumer Lending Quality Control Audits, which include Mortgage Production, Mortgage Servicing, Consumer Lending, and Indirect Lending. Prior to her current position, Eileen was the Manager for the Mortgage Operations Center in Mobile AL and Clearwater FL. Using her background in Underwriting, Closing, Post Closing and Servicing, Eileen has developed new audit programs to cover the changing scope of the lending industry.

    Craig Zielazny , Senior Vice President, Valuation Analytics , Mercury Network

    Craig Zielazny is Vice President of Data and Analytics for Mercury Network, LLC where he is responsible for the development and growth of new data and analytics solutions and the management of existing products such as OptiVal®, Mercury Network’s flagship solution for automated AVM testing, scoring and cascade development. Prior to his current position, Craig was SVP, Data Analytics for Huntington Bank’s Home Lending division where he led the establishment of a new analytics team.  He personally developed models for staffing optimization, underwriter and processor scoring, and loan throughput analysis. 

    Craig has over 13 years of hands-on experience with AVMs.  He was the architect and key driver beyond the development of National City Mortgage’s AVM program as the VP of Reporting and Analysis.  In this role, Craig tested the AVMs, developed the process for their use, built business rules, and received a waiver from NCM’s primary investor to allow AVMs as the sole collateral assessment on first mortgages.  As Senior Vice President for AVMetrics, Craig worked directly with clients to implement AVM test results within the lenders’ risk management guidelines and to operationalize AVM programs which were compliant with regulations and consistent with process requirements.  He also developed a proprietary method for normalizing AVM confidence scores so that they can be compared easily.  Following AVMetrics, he was the National Director, Property Data & Analytics at Equifax.  In this role, Craig consulted with financial institutions on the use of Equifax’s AVM and property data solutions. Since 2012, Craig has been a regular guest lecturer in Analytics at the University of Cincinnati and he is a member of Wittenberg University’s Board of Advisors for the Master’s program in Analytics. Craig holds a B.S. in Industrial Engineering from the University of Dayton and has completed graduate level coursework in business and Quantitative Finance.

    Phil McCall , President , ARMCO

    Phil McCall, President of ARMCO brings more than two decades of executive experience in the mortgage industry to ARMCO. He is a seasoned expert in quality control, loan origination and underwriting, mortgage fraud, loss and litigation and real estate-based transactions. Previously, Mr. McCall was the COO for IMARC, a forensic loan auditing and loan data verification provider.  In the fifteen years previous to IMARC, he held executive positions with three privately owned mortgage banking firms. In the process, he was an integral liaison between the companies and various Wall Street firms, and was actively engaged as a seller / servicer with Fannie Mae and Freddie Mac. He is a licensed real estate broker in California and is a direct endorsed underwriter for the Federal Housing Administration (FHA). Mr. McCall has held real estate and broker licenses in more than 20 other states.

    Michelle Grommesh , Vice President, Line of Business Risk Lead Fulfillment Administration , PNC Bank

    Michelle has served as a leader in the financial services industry for over 30 years and is currently working for PNC Mortgage, a division of PNC Bank, N. A.  Her expertise is in Portfolio underwriting, development of loan policies and procedures, and credit risk management. 

    Michelle currently supports the Mortgage Line of Business through loan risk management responsibilities such as approving exceptions, policy recommendations for enhancements or contractions to current underwriting guidelines, and impact analysis of new investor guidelines to ensure compliance.  She handles Portfolio exception lending authority training for underwriters, as well as the development, implementation and facilitation of the annual recertification of exception authority and maintenance of all underwriting proficiency tests. 

    She has partnered with PNC University on the creation of Tax Return Analysis training and a Virtual Learning Environment.  She has also teamed up with the Analytics Department to mine data, identify data sets and define key attributes for in-depth analysis of the PNC Portfolio.

    Michelle has a Bachelor of Business Administration degree from the University of Minnesota, Duluth.

  • Managing the Appraisal Process

    Location: Trianon,
    Second Level


    Speaker(s)

    Carla Nott , Executive Director, Valuations Strategic Delivery , Chase Home Lending

    Jeremy D. Potter , Associate Counsel, Legal , Quicken Loans Inc.

    William Waltenbaugh, SRA, AI-RRS , Chief Appraiser , Clarocity Valuation Services

    Andrew Goldberg , Associate Corporate Counsel , TSI Appraisal

    Concurrent Session,

    Risk Management & Valuation

    Read more Read less

    The cost and timeline for obtaining an appraisal continue to grow. Learn about best practices in managing the appraisal process to save you and the consumer time and heartache.

    Speaker(s)

    Carla Nott , Executive Director, Valuations Strategic Delivery , Chase Home Lending

    Carla joined JPMorgan Chase in 2007.  Carla has over 25 years of experience in the financial industry including over 20 years of mortgage banking.  Carla's mortgage experience includes Risk Management, Fraud Prevention, Default Servicing and Process Improvement & Strategy Implementation.  Since joining Chase, Carla has held management roles in Loan Integrity Operations, Capital Markets, Collateral Risk Management and Valuations Operations.  Carla’s current role in Valuations Strategic Delivery includes enhancing valuations products, processes and collateral underwriting.

    Jeremy D. Potter , Associate Counsel, Legal , 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 on M&A activity and counter party management, state regulatory exams and state legislative and regulatory changes.  Potter also serves as Chair to the Mortgage Bankers Association State Legislative and Regulatory Committee and a committee member for the Legal Issues and Regulatory Compliance Committee.  Potter has also served MBA on the GSE Working Group and RESPA/TILA Task Force.  In addition, Potter is a member of the Board of Directors for CATIC Financial Inc. headquartered in Rocky Hill, CT.  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.  Potter is a graduate of the University of Connecticut School of Law.  While a law student, Potter published a note titled Legal Education and Moneyball: Winning the Game of Law School Assessment in the Connecticut Public Interest Law Journal.  Potter holds a bachelor’s degree in political science from University of Mary Washington where he graduated with honors. A frequent speaker, panelist and contributor in the mortgage industry, Potter has been published in Mortgage Compliance Magazine, Scotsman Guide, National Mortgage Professional Magazine and his letter to the editor was published in The New York Times.  He is currently working on a blog at http://www.medium.com/@jeremydpotter.

    William Waltenbaugh, SRA, AI-RRS , Chief Appraiser , Clarocity Valuation Services

    Bill Waltenbaugh is Chief Appraiser of Clarocity Valuation Services and is a certified appraiser with nearly 30 years’ experience in the real estate industry. During these years, he witnessed and experienced first-hand the many regulatory changes that occurred in the appraisal industry, from the advent of licensing to the passage of the Dodd-Frank Act. With several years’ experience as a Chief Appraiser and Director of Compliance; Bill has developed a proven track record of implementing necessary policy and procedures to ensure quality and compliance. Bill holds the SRA and AI-RRS designations with the Appraisal Institute. 

    Andrew Goldberg , Associate Corporate Counsel , TSI Appraisal

    Andrew Goldberg joined TSI Appraisal in 2015 as an Associate Corporate Counsel. He is responsible for a range of legal and regulatory compliance issues for TSI Appraisal such as performing legal research, providing counsel and drafting policies. His areas of focus have included AMC licensing, Dodd-Frank compliance, appraisal trainee programs and legislative study. As part of his efforts, he helped to develop and implement a legislative tracking system to stay current on proposed and enacted legislation, as well as the tracking of amended state laws and regulations, and other industry news in real time. Over the past several years, Andrew has immersed himself in the ever-changing appraisal legislative landscape. In May, 2017, he traveled to Capitol Hill to advocate on behalf of AMCs alongside other industry professionals. He continually accumulates vital appraisal related information from the best and brightest in the industry and pairs it with his legal analysis and understanding to better advise TSI Appraisal.

  • Refreshment Break in the Exhibit Area

    Location: Mezzanine,
    Second Level

    Networking Opportunities,

    Refreshment Break

  • General Session: CRO Panel

    Location: Versailles,
    Second Level


    Speaker(s)

    Clifford V. Rossi, Ph.D. , Professor, Robert H. Smith School of Business , University of Maryland

    Mihir Patel , Executive Vice President, Chief Risk Officer , Mr. Cooper (Nationstar)

    John Stewart , Senior Vice President, Chief Risk Officer , BECU - Boeing Employees' Credit Union

    Derek Brummer , Executive Vice President, Chief Risk Officer , Radian Group, Inc.

    General Session

    Read more Read less

    This group of mortgage CROs will discuss emerging risks for the mortgage industry and trends in enterprise risk management. Join them to learn about the challenges and opportunities facing the modern mortgage company.

    Speaker(s)

    Clifford V. Rossi, Ph.D. , Professor, Robert H. Smith School of Business , University of Maryland

    Dr. Clifford Rossi is an Executive-in-Residence and Professor of the Practice at the Robert H. Smith School of Business, University of Maryland. Prior to entering academia, Rossi had nearly 25 years’ experience in banking and government, having held senior executive roles in risk management at several of the largest financial services companies.  His most recent position was Managing Director and Chief Risk Officer for Citigroup’s Consumer Lending Group where he was responsible for overseeing the risk of a $300+B global portfolio of mortgage, home equity, student loans and auto loans with 700 employees under his direction. While there he was intimately involved in Citi’s TARP and stress test activities. He also served as Chief Credit Officer at Washington Mutual (WaMu) and as Managing Director and Chief Risk Officer at Countrywide Bank.

    Previous to these assignments, Rossi held senior risk management positions at Freddie Mac and Fannie Mae. He started his career during the thrift crisis at the U.S. Treasury’s Office of Domestic Finance and later at the Office of Thrift Supervision working on key policy issues affecting depositories. Rossi was also an adjunct professor in the Finance Department at the Robert H. Smith School of Business for eight years and has numerous academic and nonacademic articles on banking industry topics. Rossi is frequently quoted on financial policy issues in major newspapers and has appeared on such programs as C-SPAN’s Washington Journal and CNN’s Situation Room. He is currently writing a book, Fundamentals of Risk Management for John Wiley & Sons, Inc. His policy and research interests include GSE reform, housing finance reform , bank capital issues and implications of Dodd-Frank on banking.

    Rossi writes a weekly column called "Risk Doctor" for American Banker.

    Mihir Patel , Executive Vice President, Chief Risk Officer , Mr. Cooper (Nationstar)

    Mihir Patel joined Nationstar in January 2017 as Executive Vice President and Chief Risk Officer.

    Mihir has extensive banking, legal, regulatory and operational enterprise-wide risk management experience. Prior to joining Nationstar, Mihir worked for Capital One Bank from 2012-2016 where he held many senior executive leadership roles specifically related to enterprise and operational risk. Mihir also held senior leadership positions at PNC Bank from 2005-2012. Prior to 2005, Mihir practiced as attorney primarily focused on Fortune 500 M&A deals, private equity deals and the formation of hedge funds at a top-tier international law firm.

    Mihir holds a Bachelor of Arts Degree from University of Washington, a Juris Doctorate from Hamline University School of Law and a Masters of Business Administration from Duquesne University.

    John Stewart , Senior Vice President, Chief Risk Officer , BECU - Boeing Employees' Credit Union

    John serves as SVP, Chief Risk Officer and leads the Legal, Governance, Risk, and Compliance functions at BECU.

     John has nearly 20 years of experience in the financial services industry. He has previously been the Chief Risk Officer of the Federal Home Loan Bank of Seattle, and in senior risk management roles at other institutions. He serves on the boards for the Institute for Family Development and the Open Window School, and is an instructor at the University of Washington’s Computational Finance & Risk Management program. John holds a Ph.D. in Engineering from Princeton University.

    Derek Brummer , Executive Vice President, Chief Risk Officer , Radian Group, Inc.

    Derek Brummer is the chief risk officer of Radian Group Inc. In this role, Mr. Brummer is responsible for all aspects of the risk management strategy and framework, as well as evaluating credit policy and pricing, for Radian and its subsidiaries.  Mr. Brummer joined Radian in 2002 and has served as chief risk officer and general counsel for Radian Asset Assurance Inc., where he managed all risk and legal matters for the financial guaranty company and its insured portfolio. Mr. Brummer led all risk management strategy, overseeing portfolio surveillance, reserving, quantitative analytics and modeling, and directing restructurings and workouts. He also played a key role in developing and structuring new product lines and overseeing various underwriting committees. Prior to joining Radian, Mr. Brummer was a corporate associate at Allen & Overy; and Cravath, Swaine & Moore, both in New York.  Mr. Brummer holds a bachelor’s degree from the University of Nebraska at Lincoln and a J.D. from New York University School of Law.

  • Closing SuperSession: Top Issues of RMQA17 (Closed to Media)

    Location: Versailles,
    Second Level


    Speaker(s)

    Don Effertz , Vice President, Risk Management , DataVerify, Inc.

    Vickie Bourassa , Vice President/Quality Control , Colonial Savings, F.A.

    Rachel M. Dollar , Partner , Smith Dollar PC

    Debra Dunn , Executive Vice President, Risk & Compliance , SWBC Mortgage

    General Session

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    End RMQA17 with the closing “SuperSession” designed to entice open discussion of the top industry issues highlighted at this year’s conference. Solidify what you have learned by taking part in our interactive audience polling and leave inspired!

    Speaker(s)

    Don Effertz , Vice President, Risk Management , DataVerify, Inc.

    Don Effertz is Vice President of Fraud Risk Management at DataVerify where he manages a team of seasoned mortgage and fraud professionals who are responsible for assisting with client product understanding, training, customization and product enhancement.  This team also advises clients on product integration, workflow analysis and adjustments to their DRIVE platform to maximize ROI.  Effertz joined DataVerify in December 2008 following a 25 year career in mortgage banking with a primary focus on Operational Risk Management, Quality Assurance and Fraud Prevention.  Prior to joining DataVerify Effertz was a Vice President with Interthinx where he managed several areas including File Review, Customer Service and Industry Relations.  He has published several articles in national periodicals concerning mortgage fraud awareness and prevention and has conducted fraud awareness training courses across the country.  Prior to Interthinx he was with JPMorganChase as SVP over Operational Risk Management where his duties included fraud prevention and investigation, operational risk management, operational quality audits (production and servicing QC), early payment default audits and branch operational audits.  While with JPMorganChase he was a member and former chair of the Operational Risk Management Committee, a member of Freddie Mac’s Fraud Roundtable and MBA’s Fraud and Ethics Subcommittee.  Effertz hold a Bachelor of Science degree from St. John’s University in Collegeville, MN.

    Vickie Bourassa , Vice President/Quality Control , 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.  Vickie has over forty years of 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 has served in various capacities with that organization promoting industry involvement in the local community.  Vickie is a graduate of Ohio University with a Bachelor of Arts degree in Government.

    Rachel M. Dollar , Partner , Smith Dollar PC

    Rachel Dollar is a California attorney, a published author, a Certified Mortgage Banker, 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 in the United States 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.

    Debra Dunn , Executive Vice President, Risk & Compliance , SWBC Mortgage

    Debbie oversees credit policy, the quality assurance program, vendor management, the compliance management system, the risk management program, and industry relations. Debbie has more than 30 years of mortgage industry experience that includes originating, processing, closing, underwriting, and post-closing roles in addition to over 25 years as an executive manager. Prior to joining SWBC, she spent more than 20 years with CTX Mortgage Company and Centex Financial Services, holding various positions including Chief Lending Officer and Executive Vice President of Risk, Regulatory, and Industry Relations. As a credit policy and operations expert, she works closely with Quality Control and Regulatory Compliance management to ensure cohesive and responsive processes that are compliant with industry guidelines and scalable to support changing requirements and needs.   Debbie also represents SWBC Mortgage with trade groups, investors, regulators, and agencies. She is an active member of various committees, working groups, and task forces for the Mortgage Bankers Association, she serves on two advisory committees for the GSE’s, and is a member of the State Regulatory Registry Industry Advisory Council.

  • MBA Education Presents: Advanced Risk Management Training Workshop. Separate Registration Required.

    Location: Sandringham,
    Second Level


    Speaker(s)

    Clifford V. Rossi, Ph.D. , Professor, Robert H. Smith School of Business , University of Maryland

    MBA Education Event

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    MBA Education and The University of Maryland are partnering on a classroom program that covers the topics essential to effective mortgage finance risk management for residential and commercial/multifamily lenders. The program is intended for mid to senior-level mortgage risk management professionals, with content covering core risk concepts using real world applications and exercises. Students can expect to hear from instructors who are or have recently been senior executive-level practitioners in mortgage finance risk management. To introduce the program to lenders, MBA Education is pleased to offer an abbreviated version of the 3-day program to those attending the Risk Management & Quality Assurance Conference or to those who may just be interested in gaining familiarity with the core concepts of risk management in mortgage finance.

    Objectives

    Attendees should expect to understand:

     - Core risk management concepts in both residential and commercial lendingHow risk management departments, and policies and procedures are establishedBest practices for identifying, testing, and mitigating riskA basic understanding of regulatory framework and how it has impacted mortgage lending

    Lessons:

     - The Role of Risk Governance in Overseeing Mortgage Risk
     - Delegations of AuthorityGovernance and escalation policiesRisk Taxonomy
     - Improving Operational Risk Management in the Real Estate Sector
     - Building a robust fraud detection processEstimating operational losses and event identification practicesCyber risk management practices
     - Managing Regulatory and Compliance Risks
     - Understanding fair lending risk and how to testBasics in mortgage compliance (TRID, QM, CRA, HMDA, Mortgage Servicing, etc)Vendor risk management
     

    Attendees of both the RMQA Conference and the Risk Management Workshop will receive $100 off their total registration fee.

    Please contact education@mba.org to register for only this workshop or both the workshop and RMQA17 and receive the discount.

    Speaker(s)

    Clifford V. Rossi, Ph.D. , Professor, Robert H. Smith School of Business , University of Maryland

    Dr. Clifford Rossi is an Executive-in-Residence and Professor of the Practice at the Robert H. Smith School of Business, University of Maryland. Prior to entering academia, Rossi had nearly 25 years’ experience in banking and government, having held senior executive roles in risk management at several of the largest financial services companies.  His most recent position was Managing Director and Chief Risk Officer for Citigroup’s Consumer Lending Group where he was responsible for overseeing the risk of a $300+B global portfolio of mortgage, home equity, student loans and auto loans with 700 employees under his direction. While there he was intimately involved in Citi’s TARP and stress test activities. He also served as Chief Credit Officer at Washington Mutual (WaMu) and as Managing Director and Chief Risk Officer at Countrywide Bank.

    Previous to these assignments, Rossi held senior risk management positions at Freddie Mac and Fannie Mae. He started his career during the thrift crisis at the U.S. Treasury’s Office of Domestic Finance and later at the Office of Thrift Supervision working on key policy issues affecting depositories. Rossi was also an adjunct professor in the Finance Department at the Robert H. Smith School of Business for eight years and has numerous academic and nonacademic articles on banking industry topics. Rossi is frequently quoted on financial policy issues in major newspapers and has appeared on such programs as C-SPAN’s Washington Journal and CNN’s Situation Room. He is currently writing a book, Fundamentals of Risk Management for John Wiley & Sons, Inc. His policy and research interests include GSE reform, housing finance reform , bank capital issues and implications of Dodd-Frank on banking.

    Rossi writes a weekly column called "Risk Doctor" for American Banker.

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