Inside Mortgage Finance Webinars are an affordable and convenient way to stay on top of major developments and residential mortgage market trends. For one low rate, you and your entire staff can hear and speak with industry experts without leaving your office. Each event lasts about 90 minutes. Participants also receive a program manual with speaker bios and presentations, along with key articles on the topic from our newsletters.
Listen to Past Webinars
We've recorded the conferences so you can listen to them at your convenience. Also included with your recording is a special report that contains a full transcript of the event, speaker bios and supplemental materials, and a compilation of articles on the topic from our newsletters.
Setting compensation for mortgage loan officers has never been easy. But this year the twin challenges of increased competition and a tough regulatory environment have created a business puzzle that is extremely tough to solve. In particular, the intricacies of the Consumer Financial Protection Bureaus loan originator compensation rules now a year old raise more questions than answers about how to attract top-producing LOs without violating the law. Learn more about what triggers compensation rule violationsand what types of incentives pass the current regulatory testfrom this webinar.
The Consumer Financial Protection Bureau, the Department of Justice and other regulators have stepped up their pursuit of fair lending violation, bringing more than a dozen actions and levying hundreds of millions of dollars in fines. And now the CFPB has proposed significantly expanding the data it collects under the Home Mortgage Disclosure Act, one of the primary tools used for sniffing out possible fair lending cases. Learn what you can do to manage your fair lending risk with this Inside Mortgage Finance webinar.
Banking regulators, state regulators and most recently the Consumer Financial Protection Bureau are all ramping up their scrutiny of mortgage servicers. And while a major new mortgage servicing rule just took effect earlier this year, some firms are learning the hard way that they may have servicing liability going back years. Listen to this recorded webinar to learn more about how the CFPB and other regulators are pursuing perceived servicing violations and how you can minimize your chances of being the next company facing a settlement.
The yardstick for measuring whats okay to say when courting mortgage customers has changed with the Dodd-Frank Act and the ascendancy of the Consumer Financial Protection Bureau. Now the crucial test is how the consumer interprets your advertising and other marketing materials. The new perspective and an expanded definition of unfair practices mean that material that was all right in the pre-Dodd-Frank era may now raise red flags. With this recorded webinar, learn more about the CFPBs oversight of customer communication and how you should be reviewing your advertising and marketing to stay in the clear.
So-called non-QM lending is quickly shaping up to be one of the hottest new areas for mortgage lending growth. Hear from lenders that are already part of the non-QM market. Learn the calculations they used to determine the markets viability and how theyre meeting the challenges presented with non-QM lending.
Mortgage compliance experts are warning that lenders need lots of time to prepare for major changes in the whole mortgage origination process that must be made to accommodate the new disclosures. Find out what you need to know and do when you listen to this webinar. Our team of experts will examine the changes required under the new rulesand, most importantly, take you through what you should be doing now to ensure the smoothest transition to the new requirements.
Fannie Mae and Freddie Mac wrapped up their buyback reviews on legacy business late in 2013, resulting in first-quarter 2014 buybacks being the lowest since 2008. But the risk from repurchases remains high enough that most banks arent releasing their reserves. Meanwhile, the FHA has dramatically stepped up its indemnification requests, increasing both the number and areas of violations it is pursuing. Learn more about the continuing repurchase and indemnification risk and how to shield your company in this recording.
Much is still being learned about how the Consumer Financial Protection Bureau will use its supervision and enforcement powers over nonbanks. And now mortgage companies are facing unprecedented new scrutiny from state regulators particularly as it involves servicing transfers, affiliate relationships, and consumer protections. Will the beefed-up attention "level the playing field" or will it just add challenges for everyone in the market, depositories as well as nonbanks? In this recorded webinar, our panel breaks down current and future state and federal actions.
With refinance volume way down and home purchase activity rising slowly, everyone in the mortgage industry is looking at ways to generate new business in 2014. And the advent of tough new ability-to-repay/qualified mortgage regulations has prompted more than a few mortgage market players to consider non-QM lending in the months ahead. Does non-QM lending make business sense for your company? What are the legal risks in this new mortgage market sector? Get the answers to these and many other questions in this recorded discussion.
Its never been easy to retain and attract top mortgage producers, but the task has become decidedly tougher with an increased dependence on home purchase mortgage activity and the current regulatory environment. In particular, two new sets of rules from the Consumer Financial Protection Bureau, the loan originator compensation restrictions and the qualified mortgage standards, have put loan originator compensation in the regulatory spotlight. During Staying Within Bounds: Attracting Top LOs on the CFPBs Watch, our experts untangle how you canand how you must notstructure loan originator compensation. Youll gain valuable insight into what you have to do to meet the CFPB requirements and where you have leeway for creative compensation.
It's a revolutionary time for mortgage servicing. Valuations for mortgage servicing rights have shot up in the past year, with the fair value of MSRs increasing more than 30 percent between 3Q12 and 3Q13. For some lenders, this found money is helping them ride out the slowdown in originations. Other lenders are choosing to hold onto their servicing, either to maintain relationships with customers who have additional valuable banking and lending needs or to avoid the regulatory and oversight headaches associated with servicing transfers. And still another group is taking a middle path, selling the asset but continuing to work the loans as subservicer. Explore the paths available to youand the pros and cons of eachin this recorded IMF webinar.
In an era where fair lending violations are discovered not through complaint but through statistical analysis, the very underwriting that verifies a qualified mortgage could also be ammunition for a fair lending enforcement action. Identify ways to steer clear of fair lending trouble while staying on course with the QM standards when you listen to this program.
FEB 12, 2014
With approximately one-third of the Consumer Financial Protection Bureaus staff now dedicated to supervision, it is clear exams will be a major focus this year. In this recorded session, learn more about what the CFPB will be looking for from mortgage companies and how to prepare your business so that you can sleep soundly even after the CFPB informs you that they are launching an exam.
The industry is once again facing new and improved mortgage disclosure forms. This time it is a Dodd-Frank-mandated melding of the Truth in Lending Act and RESPA disclosures. In this recorded webinar, we go over the specific requirements of the CFPBs new mortgage disclosures rule how the new forms will work from a timing and coordination perspective and what operational and system changes must be tested and implemented.
Last-Minute QM Doublecheck - Download the MP3 or Order the CD
Make sure you havent overlooked any important considerations when the new ability-to-repay/qualified mortgage rule takes effect. In this recording, a panel of experts provides you and your team with an 11th hour review of this major rule and its requirements. You'll hear about points and fees, exemptions, documentation and quality control.
Managing Buyback Risk in a New Lending Environment - Download the MP3 or Order the CD
The specter of buybacks has continued to haunt the mortgage industry, despite this years implementation of a new Fannie Mae and Freddie Mac representations and warranties framework that promises repurchase relief with a three-year sunset on liability. Hear about Freddies and Fannies current review processes and learn how you can manage your quality control to reduce buyback risks on new business with this webinar.
Preparing for a QRM World: What Does It Mean to Sync QRM with QM? - Download the MP3 or Order the CD
While this alignment of the Qualified Residential Mortgage standard with that of the Qualified Mortgage should make it easier for mortgage market players to meet the QRM standards when it comes to securitizing and selling residential mortgages, the somewhat rigid underwriting standards of QM could make it very difficult to offer anything but plain vanilla mortgage products. In Preparing for a QRM World: What Does It Mean to Sync QRM with QM?, learn what this QRM rule could mean for you and your business in 2014 and beyond. Well walk you through the new proposals, differentiating the two options offered and explain the potential compliance obstacles. Youll hear from some of the top regulatory experts in the country on what you can do to prepare for a new QRM world.
The LO Comp Tightrope: Achieving balance between reward and regulation - Download the MP3 or Order the CD
Its a tough new regulatory world when it comes to LO compensation. In this recording, learn more about the paths you can follow to satisfy all the intersecting regulations. Our experts discuss the current rule requirements, the steps you should be taking in the final months before the rules take effect, and where you need to watch for rule conflicts. We also look at lessons to be learned from the CFPBs recent lawsuit.
Purchase-Mortgage Lending: Getting Ahead in a Post-Refi Market - Download the MP3 or Order the CD
As mortgage rates rise from their record lows and the pool of homeowners looking to refinance particularly under the Home Affordable Refinance Program is quickly drying up, some of the slack is being taken up by the growing home-purchase mortgage market. But even that sector is under pressure from investors and others using all-cash transactions to purchase homes. Learn how to maintain and grow your originations numbers as the market transitions from a refinance to a home-purchase focus in this recording.
QM Math: Securing Your Safe Harbor - Download the MP3 or Order the CD
The Consumer Financial Protection Bureaus new qualified mortgage safe harbor promises to protect lenders if they can show that a loan met certain criteria at origination that presume the borrower had the ability to repay. But to reach that harbor, originators must navigate some complex calculations to determine if the points and fees fit under the 3 percent maximum and if the loans interest rate is below the threshold that would make it higher-priced. Inside Mortgage Finance will take you step-by-step through what to include in your calculations and how to do the math during QM Math: Securing Your Safe Harbor. This very practical look at the complex math necessitated by the QM and Home Ownership and Equity Protection Act rules will help you clear this most-significant hurdle between noncompliance and compliance.
The New Jumbo Opportunities: Are MBS Conduit Sales a Good Option? - Download the MP3 or Order the CD
Non-agency lending is on the upswing, with jumbo originations leading the way. But while demand for nonconforming mortgages is growing, lenders are scrambling to map out their best post-origination strategy in a quickly evolving secondary market. Find out if conduit sales are a profitable delivery option for your non-agency mortgages in this webinar recording.
QM Checklist: Prepare for Ability-to-Repay/Qualified Mortgage Implementation - Download the MP3 or Order the CD
The ability-to-repay rule finalized by the Consumer Financial Protection Bureau in January affects nearly every facet of originations as well as many parts of servicing and secondary marketing. You need a well-considered plan of attack to be sure youre ready on all fronts by Jan. 10, 2014, when the ATR/QM rule takes effect. Listen to QM Checklist: Prepare for Ability-to-Repay/Qualified Mortgage Implementation for a practical discussion of how and what you need to evaluate now.
Fair Lending Challenges: Preparing for Increased Enforcement - Order the CD or Download the MP3
The federal government has stepped up its fair lending game. The Department of Housing and Urban Development has released a new rule formalizing, and expanding, a longstanding but controversial prohibition on disparate impact. The Consumer Financial Protection Bureau has launched its fair lending enforcement and supervision, bringing the issue to nonbanks and other lenders who havent been in the crosshairs before. Hear from top regulatory experts who can help you understand the impact of the increasing fair lending enforcement on your business in the Inside Mortgage Finance webinar recording: Fair Lending Challenges: Preparing for Increased Enforcement.
Doing Business with Fannie and Freddie in 2013 - Order the CD or Download the MP3
Fannie Mae and Freddie Mac continue to dominate the residential mortgage market, accounting for nearly two out of every three mortgages made in 2012. At the same time, correspondent programs that helped the bigger banks feed their GSE pipelines are being cut back, in part due to regulatory compliance fears. The combination of these factors has led to an increasing number of smaller banks and nonbanks working directly with Fannie and Freddie for the first time. Find out how this changing mortgage lending landscape is prompting Fannie Mae and Freddie Mac to review and rethink their mortgage delivery and seller requirements.
LO Compensation: The New Rules - Order the CD or Download the MP3
The Consumer Financial Protection Bureau's final rule on loan originator compensation builds on regulations put into effect by the Federal Reserve nearly two years ago. But broader definitions for originator and compensation extend the impact of this rule to everyone from tellers to managers and make it nearly impossible to build your new compensation plans on the bones of your existing systems. Learn where the dividing lines are and how your procedures need to change to stay on the correct side. Youll hear from a panel of legal experts who will explain the rule and discuss how to revise your current systems on CD or MP3 recording.
Resetting the Mortgage Servicing Bar: The CFPB's New Rule - Order the CD or Download the MP3
Mortgage servicers will discover some surprises in the just-released CFPB final rule on servicing. Servicers find themselves back at square one, needing to revise procedures, personnel training and document management in order to meet the new federal standards. Dive into the new rule, and learn its likely impact on you, with top regulatory experts. Listen on CD or MP3 recording and find out where the experts think the dangers are.
Originations in a QM World - Order the CD or MP3
The Consumer Financial Protection Bureau has just unveiled its anxiously anticipated qualified mortgage rule that will implement a so-called ability-to-repay standard for all mortgage lenders. It is perhaps the most far-reaching mortgage regulation mandated by the Dodd-Frank legislation and its impact is likely to be felt for years to come. Get an inside look at the CFPBs new QM rule in this seminar recorded Jan. 31, 2013.
Prepare for New Mortgage Servicing Rules - Order the CD or MP3
Riding the FHA/Ginnie Mae Wave: Today's Opportunities and Challenges - Order the CD or MP3
Gearing Up for New GSE Buyback Rules - Order the CD or MP3
If you've missed any of our earlier conferences, we're making it even easier to catch up: All conferences below this line are available for reduced prices.
"Inside Mortgage Finance audio conferences are excellent sources of information on rapidly changing practices in the mortgage industry. The audio conferences show the best practices of other companies and what is actually working. This is the information I need to do my everyday job. I love getting down to the nuts and bolts of whats happening and I pore over the transcripts to learn even more."
- Thomas Popik, Geosegment Systems
Who Attends IMF Webinars?
Organizations that attend vary somewhat by topic, but in general:
- 67% are banks, mortgage companies and credit unions
- 18% are government, Wall Street, non-profits
- 15% are vendors to the industry
What are typical job titles? This also varies somewhat based on topic, but in general:
- 25% Vice Presidents
- 18% Government Executives, Analysts, Specialists
- 14% CEO/President/Partner
- 13% Managers
- 13% COO, CFO, MD, EVP
- 10% General Counsel/Lawyers
- 8% Executive and Senior Directors
- Top Players 4Q14
- Agency Channel Analysis: 2014
- GSE Seller Profile: 4Q14
- GSE Private Mortgage Insurance Profile 4Q14
- Mortgage Profitabiilty 3Q14
With the recent dip in interest rates, how do you feel about loan volumes this year?
- We see loan production ending 2015 flat compared to 2014.
- Were optimistic that our originations will rise by 10 to 20 percent year over year.
- Were really optimistic: We expect production to increase by 20 percent or better from last year.
- Were not so bullish. Originations for us may actually fall.
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- Increasingly, Real Estate Agents are Warming Up to Call-Center Lenders
- CSBS Sets Nonbank Capital Minimum at $2.5 Mil; Guidelines Look a Lot Like FHFAs
- Sale of RoundPoint Hits a Snag, Company Still In Play: Sources