Resetting the Mortgage Servicing Bar -- Special offer for "Preparing for New Mortgage Servicing Rules" attendees Registration
Mortgage servicers will discover some surprises in the just-released CFPB final rule on servicing. On the plus side, the rule doesn’t require single points of contact. On the negative side, the rule differs significantly from the proposed rule and from the National Foreclosure Settlement and OCC consent orders that many used as a model for new above-the-law practices. 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 at the Inside Mortgage Finance webinar “Resetting the Mortgage Servicing Bar: The CFPB’s New Rule.” Learn where the experts think the dangers are and get their take on your concerns when you ask your own questions on Thursday, February 14, at 2:30 pm ET.
These experts will share their insights and answer your questions in this 90-minute webinar:
Financial Services Practice Area Leader
VP, Mortgage Compliance Manager
Fifth Third Bank
Inside Mortgage Finance (moderator)
Special rate for attendees of "Preparing for New Mortgage Servicing Rules" webinar--Save $100.
Join us to sort through the new mortgage servicing rule:
- How do you qualify for the small-servicer exemption and which parts of the rule are you exempt from?
- What do you need to change about the way you manage documents?
- What are your responsibilities when a borrower reports you’ve made an error?
- What—and when—must you communicate with borrowers about their loss-mitigation options?
- Will the systems you put in place after the National Foreclosure Settlement and OCC Consent Orders satisfy the CFPB servicing rule?
- What are the responsibilities of your personnel who deal directly with borrowers?
- When can you foreclose on a property?
- What are your obligations to the borrower when the interest rate or payment amount changes?
- Under what circumstances is it permissible to force-place insurance?
- What are the requirements for how you process a payment?
- Do any of the rule’s provisions preempt state laws governing mortgage servicing?
- How can you prove that you offered a borrower “all” loss mitigation options?
- What can you do to prepare for the servicing changes?
- What role do investors play?
- What changes do you have to make to your processes with “dual track” off the table?
Don’t miss this opportunity to have top legal experts scrutinize the new servicing rule for you. Register now.
Your Webinar registration includes these added benefits:
- Webinar attendance for you and your entire team;
- A webinar manual with a program outline, speaker bios and presentations, and pertinent articles on the subject from Inside Mortgage Finance and our other newsletters;
- A full transcript, emailed to you when you take our post-conference survey; and
- The opportunity to connect with any or all of the speakers during the audience Q&A session—a favorite part of these events.
Cancel before 5:00 pm ET 2/12/13 for full refund less $25 fee.
You will receive an email confirmation shortly after completing your registration. You may also contact us at (301) 951-1240
The rates below are $100 off the regular rates.