This webinar will help you get a better understanding of the impact of the CFPB’s new mini-correspondent guidance and provide practical advice as to how lenders of all sizes can adopt renewal processes, modify business relationships and implement internal infrastructure to remain both competitive and compliant.
In this session we will:
- Discuss the intent and application of the new guidance
- Share roles, responsibilities, and risks for different lenders/originators
- Provide recommendations for implementing proper renewal policies and processes
- Discuss the relationships and responsibilities between investors/warehouse lenders and mini-correspondents
Mark Fogarty, Editor at Large, National Mortgage News
Director Business Development & Training
Strategic Compliance Partners
Ms. Bell is responsible for the development and execution of an educational platform to provide cutting edge compliance solutions and support, compliance education, and consulting services within the financial services industry.
Jim Dunkerley has an extensive background as an executive in the mortgage industry. Dunkerley is the Founder and President for FirstFunding, a privately held non-depository company offering warehouse lines of credit to mini-correspondent and correspondent lenders, community banks and credit union. Jim’s focus is on providing value, recourse and support through education and state-of-art technology.
Ari Karen, an attorney at Offit Kurman, has counseled several mortgage banks and financial services firms on the development and implementation of policies and procedures related to allowing institutions to remain compliant with wage hour laws. His litigation expertise includes unfair competition, fiduciary breach, partnership disputes, worker mis-classification and minimum wage and overtime claims in all state and federal trial and appellate courts. He has spoken at several industry conferences.
Originations Program Manager
Mortgage Markets Consumer Financial Protection Bureau
Brian joined the CFPB in January 2013 as the Originations Program Manager within the Mortgage Markets team. He serves as CFPB’s expert in residential mortgage originations and technology. He is responsible for overseeing policy and research initiatives designed to evaluate how housing finance mechanisms work. He is also responsible for developing strategies on how to improve primary market operations and originations for residential mortgages from the viewpoint of consumer protection.