The Consumer Financial Protection Bureau has now finalized its most recent amendments to the mortgage servicing rules under Regulations X and Z. The amended provisions touch nearly all areas of the existing rules, and significantly alter certain of the requirements, including periodic statements for borrowers in bankruptcy, dealing with potential successors in interest, handling servicing transfers, and administering loss mitigation. The changes create new operational and implementation challenges, and present new risk considerations.

We will discuss the amendments, and provide guidance for servicers during the implementation period and for life after the effective date.

Please join us as we discuss the following topics:

  • Overview of the amended requirements, highlighting the notable changes

  • Analysis of the impact on litigation risk

  • Anticipated challenges to implementation

  • Considerations in light of the Supervisory Highlights Mortgage Servicing Special Edition

  • Suggestions and best practices for adapting to the new requirements

Date & TIme

September, 13, 2016
12:00 PM - 1:00 PM ET

Moderator

John D. Socknat
Practice Leader
Mortgage Banking

SpeakerS

Reid F. Herlihy
Mortgage Banking

 
Justin Angelo
Consumer Financial Services

This program is open to Ballard Spahr clients and members of the financial services and mortgage banking industries. There is no cost to attend. This program is not eligible for CLE credits.

Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Daniel Martin at martind@ballardspahr.com.

Register