Climate-Change Disclosure Rules and Impact on Mortgage Lending

April 18, 2024 2:00 PM-3:00 PM Climate/ESG Commercial / Multifamily Education Environment & Property Condition Finance, Tax, & Accounting Regulatory Compliance, Law, & Fraud Residential Webinar
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Member Price$0.00
Non-Member Price$399.00

About the Event

After much anticipation, the US Securities and Exchange Commission (SEC), on March 6, 2024, voted to adopt final rules that require reporting by public companies of climate change-related disclosure. The rules require public companies to disclose substantial information about the material impacts of climate-related risks on their business, financial condition, and governance.

While the final rules differ from the SEC’s controversial proposed rules in significant ways, the final rules are prescriptive, and require significant new, additional disclosures. They may be particularly burdensome for the mortgage industry because of the nationwide scope of its activities and long-term nature of its products. Further, there are a number of additional ESG-related proposed rules pending, as well as administrative and political actions by other authorities. Join us for this webinar to discuss this important topic and its impact on the mortgage industry.

Date/Time

Thursday, April 18 (2:00 PM - 3:00 PM ET)

Objectives

  • Understand the background and context of the final rules and the principal changes made from the proposed rules
  • Evaluate the impact of changes to Regulation S-X on financial statement disclosures, and impact of changes to Regulation S-K affecting non-financial statement disclosures
  • Examine the scope and phase-in periods associated with the final rules and practical considerations for the mortgage sector
  • Explore additional ESG disclosure considerations relevant to housing and review pending ESG-related proposals.

Experience Level

  • Intermediate
  • Advanced

Target Audience

  • Chief Financial Officer
  • General Counsel
  • Head of Regulatory Reporting
  • Head of Mortgage Origination Strategy
  • Chief Risk Officer

Speaker(s)

  • Matthew Bisanz, Partner, Mayer Brown
  • Kim Hamm, Partner, Mayer Brown
  • Stephanie Milner, Associate Vice President, Mortgage Bankers Association
  • Anna T. Pinedo, Partner, Mayer Brown