TBA
The regulatory landscape for mortgage lenders and servicers is undergoing unprecedented change as the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act are being implemented by the new regulator on the block, the Consumer Financial Protection Bureau (CFPB). Following the release of its 800-plus-page Supervision and Examination Manual last year, the CFPB has commenced its first wave of examinations of mortgage lenders and servicers in earnest.
Participants who attend this in-depth workshop will learn what mortgage lenders may expect from a CFPB examination and how to prepare for and avoid such actions.
Topics covered include understanding the CFPB’s priorities and approach to examination; strategies for improving compliance and managing risks; keeping pace with new regulations; and creating a plan for handling a CFPB examination.