Ready For the SourceMedia 2011 Mortgage Regulatory Forum
The SourceMedia 2011 Mortgage Regulatory Forum in Washington, DC, is around the corner. At the two-day event (Sept. 19-20, 2011) speakers will address the one issue in all of finance that, according to one insider, "sorely needs some sorting out,” mortgage regulation and compliance.
Conference chairman and editor-in-chief of the Mortgage Group publications, Mark Fogarty, has noted that while many think some extra vigilance is needed to prevent a repetition of the mortgage boom and bust, now the government is overreacting going from virtually no vigilance to the current hyper-vigilance that is hampering lending and constraining financial markets.
Keynote speakers include John Walsh, acting Comptroller of the Currency; Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corp.; along with two key members of the House Financial Services Committee, Rep. Barney Frank, D-Mass., and Rep. Shelley Moore Capito, R-W.Va.
Topics to be discussed include staying ahead of the curve when complying with the Dodd-Frank Act and the CFPB on the short term, midterm and long term in order to minimize future compliance risk; managing effective and sustainable attorney oversight programs in the new foreclosure environment; challenges in implementing the Fed’s loan officer compensation rules; making sense of fair lending in origination and default servicing; and technology showcases of rapid-fire solutions and ways technology can help originators comply with HMDA, use tools that support appraiser independence and automate state-level compliance, as well as tools that help servicers mitigate delinquency and foreclosure losses.
Attendees are all eyes and ears about a session on how to navigate foreclosure in the new world in less than 100 steps and 300 days conducted by Wells Fargo’s SVP and compliance manager, Jay Christoff; president of Logs Network, Jerry Alt; Saxon Mortgage Services chief compliance officer and SVP, Joe Moran; Patton Boggs partner, Michael Waldron; and Wingspan Portfolio Advisors CEO, Steven Horne. ♦