I recently chaired a successful webinar on CFPB examinations. So successful in fact we will be doing another regulatory compliance webinar on Sept. 27, so mark your calendars!
We will also be hosting a live event on regulatory compliance on Sept. 13-14 in Arlington, Va., right across the river from Washington. We’ve got Rep. Scott Garrett of New Jersey for a keynoter, and also Martin Gruenberg, acting chairman of the FDIC, so it looks as if it will be a successful program.
Our webinar saw the CFPB cast in the role of industry bogeyman, with rigorous examinations (Capital One didn’t like their dealings with CFPB much!) and stringent regulations. In response to a question of mine our panelists all agreed CFPB will come down hard on reverse mortgage lending.
I had a brief conversation at a recent meeting with Peter Bell of the National Reverse Mortgage Lenders Association. He told me the media has gotten this wrong by not going past the press release to the document itself, which doesn’t paint as bleak a picture. If so, reverse mortgage lenders will be relieved!
As we did last year, we will be sharing space and some sessions with our colleagues at American Banker, who are doing a reg conference the same time and place we are. (www.mortgageregulatoryforum.com)
Rounding out our event schedule, we are planning a Mortgage Technology Conference in Miami Nov. 28-30. Many of our most successful MTCs were held on Miami Beach, and this one marks our return to the beach (although we’re one small hop north, at the Trump International Beach Resort). Should be a great show. Nationalmortgagenews.com/conferences/mortgagetech)
Also in the fourth quarter it looks as if we’ll be doing another webinar. Four webinars in one year would be a record for us, and adding in five live events that would make a total of nine, also a record.