GENERAL SESSION: A Look Ahead at the Regulatory Landscape

President & Chief Executive Officer, Mortgage Bankers Association

Robert (Bob) Broeksmit is President and CEO of the Mortgage Bankers Association (MBA). Bob is a senior finance executive and corporate officer with a 35-year career in the mortgage sector. He has directed all aspects of lending activities, including marketing, sales, operations, secondary marketing, loan servicing, and default management. He has also served as a mortgage underwriting expert testifying on many large, high-profile cases. Prior to joining MBA in 2018, Bob served as President and Chief Operating Officer with Treliant, heading the firm’s mortgage litigation support practice and serving diverse financial services clientele including large banks, independent mortgage lenders, community banks, credit unions, and service providers to the mortgage industry. As a Washington-based financial services consultancy, Treliant’s mortgage practice included strategic advisory for executive management and corporate boards; litigation defense, including file reviews, litigation strategy, expert reports, and expert testimony; CFPB examination preparation and implementation of mortgage regulations promulgated by the CFPB and other regulators; and operational aspects of mortgage banking, ranging from origination to servicing and loss mitigation. Before Treliant, Bob held senior leadership positions in the mortgage business, including fourteen years with Chevy Chase Bank (including after its purchase by Capital One), where he was Executive Vice President and President of its B.F. Saul Mortgage Company subsidiary. Bob also was a Vice President at Prudential Home Mortgage for seven years. He has overseen annual originations of $9 billion, a balance sheet of $10 billion in residential mortgages, and a servicing portfolio of $20 billion. He also held positions at Great Western Mortgage, Krupp Residential Mortgage, and The Money Store. Bob has served as the Chairman of the Mortgage Bankers Association’s Residential Board of Governors and as a member of its Board of Directors. Firms under his leadership have garnered multiple awards for servicing operations excellence, including Freddie Mac’s Tier One and Hall of Fame designations. He is a Certified Mortgage Banker (CMB) and a graduate of Yale University.

Commissioner, Montana Division of Banking and Financial Institutions, Chair, CSBS Non-Depository Supervisory Committee

Melanie Hall is the Commissioner of the Montana Division of Banking and Financial Institutions. She provides overall leadership to the Banking Division, which is responsible for the supervision of all state-chartered banks and credit unions. These depository institutions have combined assets of over $80 billion. In addition, the division licenses and examines over 2000 non-bank financial entities including mortgage lenders, mortgage servicers, mortgage brokers, consumer loan companies, sales finance companies, deferred deposit lenders and escrow businesses. The Division also facilitates a consumer complaint resolution process for Montanans against regulated and unregulated providers of financial services. Commissioner Hall obtained her B.A. in Economics from Eckerd College in St. Petersburg, Florida, and her juris doctor from Tulane Law School in New Orleans, Louisiana. She is a past Chair of the Board of the Conference of State Bank Supervisors, past Chair of the CSBS Education Foundation Board, and past Chair of the CSBS Non-Depository Supervisory Committee. She also serves on the Board of the Montana Council on Economic Education and the St. Peter’s Hospital Foundation Board of Trustees.

Global Chair, Financial Services, Cooley LLP

Michelle Rogers is a highly respected financial services enforcement lawyer serving as the Global Chair of Financial Services at Cooley LLP. She is a trusted adviser and first call for financial institutions in high-stakes litigation and enforcement matters, including government investigations, regulatory examinations, class actions, complex litigation, compliance and regulatory matters, and internal investigations. She is known for providing thoughtful, practical advice. Rogers’ clients appreciate her deep understanding of complex regulatory issues, her ability to translate those concepts into operational terms, and her proactive approach to problem-solving. She also co-leads the firm’s State AG practice, having represented clients in every state in the country, and serves on Cooley’s Board of Directors.