Jan 22 - To help bankers sift through the thousands of pages of mortgage-related rules issued by regulators this month, the American Bankers Association has developed a telephone briefing series to focus on how the new rules will impact mortgage lending products, operations and compliance programs.
The series, titled “A Whole New World: CFPB Re-Draws the Mortgage Regulatory Landscape,” is designed for chief lending officers, operating officers, information officers, compliance officers and managers, risk managers and auditors, and other senior bank management positions.
The first briefing in the series is free and available to members only. “Understanding the Big Picture: Overview of CFPB Mortgage Rulemakings,” will summarize the six rules recently issued by CFPB and highlight potential impacts to banks’ mortgage operations with a special emphasis on the ability-to-repay requirements.
Speakers will include Leonard Chanin, partner, Morrison & Foerster and John Bowman, partner, Venable. Both Chanin and Bowman are former regulators with consumer financial protection expertise. This live, free two-hour telephone briefing will be from 2-4 p.m. EST on Friday, Jan. 25 and is a free, ABA members-only event.
The subsequent telephone briefings in the series will cover the new rules in more depth. Registration fees for these individual programs – $255 for ABA members, $385 for non-members – entitles registrants to one phone connection at one location for each briefing where an unlimited number of listeners can participate. For those unable to attend, audio recordings of the sessions can be ordered.
Topics for these six sessions will include:
Detailed descriptions and registration information for these briefings will be available soon. For more information visit www.aba.com or contact Linda Shepard at lshepard(at)aba.com or call 800-BANKERS.