TRENDING COMPLIANCE ISSUES TRACK: AI Vendor Audits – A Compliance Playbook (Closed to Media)
As AI adoption accelerates, lenders face growing scrutiny over vendor risk, fair lending, and model governance. This session introduces a practical framework for auditing AI vendors while adhering to AI governance programs. Join our expert panelists as they cover AI-specific due diligence, vendor attestations, and alignment with fair lending and other existing compliance standards.
Speakers
Moderator
Gabriel Acosta is the Regulatory Specialist in the Residential Public Policy and Industry Relations department at the Mortgage Bankers Association. Acosta works with the team to analyze agency actions and legislation in areas related to origination, servicing, and data protection. He also works with member committees to provide guidance to members on the changing regulatory landscape. Before the Mortgage Bankers Association, Acosta worked in Congress on criminal justice and immigration issues. He is a graduate from the Georgetown University Law Center and was a student at Georgetown’s Federal Legislation Clinic.
Speakers
Kiran Sahota is the President of Xpanse, a technology company focused on transforming the lending experience through innovation and automation. She leads the company’s product, go-to-market, and sales strategy, while fostering a culture of collaboration and growth. With a background in Economics and Math from UC Berkeley and an MBA from INSEAD, she brings a global perspective and a passion for developing people and solutions. Her leadership has been instrumental in launching Xpanse’s first generative AI products, advancing the company’s innovation roadmap. Originally from India and raised in the U.S., Sahota is known for her drive, strategic mindset, and people-first leadership style.
David Shirk is the managing member of Shirk Law PLLC. He represents financial institutions, retail and wholesale mortgage bankers, lead generators, and software vendors. David advises innovating clients on state and federal regulatory compliance, licensing, originator compensation, and responding to exams or Bureau investigations. Prior to joining LotsteinLegal in 2011, which changed its name to Shirk Law in 2020, David spent 20 years in executive roles at mortgage companies. Including as functional architect of two loan origination systems at three top ten lenders. David is admitted to the bar in ten states. He holds a J.D. and an MBA.
Caroline Stapleton, a partner at Orrick, advises financial institutions, including mortgage lenders, on regulatory compliance, supervision, and enforcement matters at the federal and state levels. Caroline has significant experience advising clients on the development and use of technology, including artificial intelligence, in the design, offering, and servicing of financial products. She also counsels clients regarding third-party risk management, including oversight of financial technology providers. Caroline has previously held roles at a federal banking regulator and in-house at a fintech company.
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