18001 Collins Avenue
Sunny Isles Beach, FL 33160
Tel: (888) 851-9423
Wednesday, November 28, 2012
PRE-CONFERENCE WORKSHOP: THE CIOS GUIDE TO THE TECH IMPACT OF CFPB REGULATIONS - OPERATIONAL AND TECHNOLOGY CHALLENGES OF THE ABILITY TO REPAY AND QUALIFIED MORTGAGE RULE
This workshop will review the Dodd-Frank Act's Ability to Repay requirements for residential mortgage loans, the Bureau's proposed definition of a qualified mortgage and whether lenders making such loans will be presumed to comply with the Ability to Repay requirements or afforded a safe harbor. We also will review the mortgage industry's on-going reaction and response to the rule, its anticipated effective date, as well as its expected impacts on mortgage operations and product offerings going forward.
In addition, we will explore the role information technology systems will play in assisting originators to comply with the new rule. This workshop will also explore the impact of the Ability to Repay requirements on other mortgage services, including affiliated business arraignments, and the inter-play of the rule with other pending Bureau rules, including the HOEPA Proposal and the Loan Originator Proposal.
Key takeaways: Attendees will receive the most recent information on this pending Bureau rule, how to plan for the operational challenges to comply with the new Ability to Repay and qualified mortgage requirements, and how you can partner with your systems providers and vendors to help assure compliance with the new rule.
An additional rate of $149 is applicable in order to attend. Must be a paid registered attendee to qualify.