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Spotlight on CFPB Mortgages: Keys to Keeping Up with Federal Standards


Webinar Recording

Recording Price: $199.00

(Includes Proprietary Materials)

The Consumer Financial Protection Bureau (CFPB) is continually changing their already complex rules. On January 10th, 2014, the "final" rule requiring mortgage lenders to assess the consumer's ability to repay mortgage loans before extending credit became effective; however, the CFPB is still making amendments to the "QM/ATR" rule. How can you be sure you are up to speed on the latest rule, how it impacts the industry, issues that may arise, and what to expect in terms of future changes? Join us for this live, 60-minute webinar to discover:

  • Regulation Z: Truth-In-Lending Act & minimum requirements to follow
  • Best practices for avoiding issues & remaining in compliance with the rule
  • Qualified mortgages: What to consider when making ATR determinations
  • Latest compliance regulations for certain mortgage categories

Program Highlights

Need to Know Changes to the Mortgage Market: From Origination to Servicing

  • What is a "Qualified Mortgage": Defining the market
  • Industry concerns about new rules: What's going to happen
  • Non-QM loans: Will creditors bother originating them?

Latest CFPB Changes: Proposed Amendment & What it Means

  • Understanding the 3 categories of Qualified Mortgages
  • What the rules mean for your credit union mortgage lending operations
  • Rules for determining a consumer's ability to repay a loan

8 Crucial Factors a Lender Must Consider: Understanding the Complexities

  • Best ways to verify consumer information & avoid issues
  • Proposed amendment: CFPB's response to industry concerns
  • Exemptions for small credit unions & underwriting exemptions

Live Q & A Session - Have your ATR and mortgage questions answered!

About The Speaker

Kristina Del Vecchio is Of Counsel for Joseph & Cohen law firm based in California. She is an accomplished advisor and litigator for banks, credit unions and other financial services companies in connection with mergers and acquisitions, enforcement and regulatory matters, antitrust, bankruptcy and insolvency matters, credit card, student loan, auto and mortgage lending litigation, as well as compliance with state and federal banking, credit union and consumer protection statutes and regulations.

  • In addition to private practice experience, Ms. Del Vecchio served as an attorney with the Credit Union National Association (CUNA), the largest national trade association for state and federally chartered credit unions. While at CUNA, she represented the interests of credit unions before Congress and federal agencies, particularly the NCUA, Consumer Financial Protection Bureau, Department of the Treasury and Federal Housing Finance Agency. Prior to joining Joseph & Cohen, Ms. Del Vecchio was also an associate with Weil, Gotshal and Manges, LLP, in Washington, DC and Stroock & Stroock & Lavan, LLP in Los Angeles.

Program Benefits

During this jam-packed, 60-minute webinar you will discover what you need to know about the latest Ability-to-Repay and "Qualified Mortgages" regulations to ensure your company remains in compliance with the complex CFPB rules.