The New Consumer Financial Protection Bureau Regulations: CFPB - What Do They Mean for Your Clients Out of Stock
Co-Sponsored by the Real Estate Section and the Business Section's Financial Institutions Subsection
Quantity
September 2013
The New Consumer Financial Protection Bureau Regulations:
CFPB - What Do They Mean for Your Clients?
Program Description:
There's a new sheriff in town, and it's the Consumer Financial Protection Bureau. There is a changing regulatory landscape, the scope of which may surprise you, no matter how you are involved in mortgage lending, so register today for this important half-day program!
Program Chair
*Tom DeVine, Esq.
Holland & Hart LLP
Denver, CO
*Also a Faculty Member
Faculty
Terry Jones, CMB, CML, Vice President
Cherry Creek Mortgage Company
Greenwood Village, CO
Joey Lubinski, Esq.
Ballard Spahr LLP
Denver, CO
Debra Still, President/CLE
PulteMortgage
Chair, Mortgage Bankers Association
Englewood, CO
Craig Wildrick, Managing Director
Enterprise Mortgage Lending
Zions Bancorporation
Denver, CO
Agenda:
8:30am
Registration and Continental Breakfast
9:00 - 9:10am
Introduction and Welcome
Tom DeVine, Esq., Holland & Hart LLP, Denver, CO, Program Chair
9:10 - 9:30am
An Overview of the CFPB - There is a New Sheriff in Town
What is the Consumer Financial Protection Bureau? A Brief History; Its Extraordinary Powers; Defenses Available to the Borrower; Penalties and Fines
Presented by Joey Lubinski, Esq., Ballard Spahr LLP, Denver, CO
9:30 - 10:30am
The Changing Regulatory Landscape - An Overview of the CFPB's New Rules Affecting Residential Mortgage Lending
Truth in Lending and RESPA Changes; MLO Compensation; Escrow Accounts; Compliance; Prohibition on Arbitration; The CFPB's New Servicing Rules
Presented by Debra Still, President/CEO, and Craig Wildrick, Managing Director
10:30 - 10:45am
Networking Break
10:45 - 11:15am
What Should an Attorney Do When Approached by a Broker in a Seller Financed Transaction?
Ability to Repay Rule
What Do You Need to Know? How Does the Rule Apply? Are There Exemptions or Safe Harbors? The 8 Factors of Compliance; Consequences and Penalties for Violation
Presented by Terry Jones, CMB, CML, Vice President, Cherry Creek Mortgage Company, Greenwood Village, CO
11:15 - 11:45am
Let's Distill the Take-Away Points
Q&A; Practice Pointers; Safe Harbors; Tips and Considerations; Closing Remarks
Members of the Faculty
11:45am
Adjourn
- CLE Pass Price *FREE! - exclusions may apply
- Standard Price $169.00 USD
- Member Price $149.00 USD
- General Credits 3.00
- Ethics Credits
- EDI Credits