aba telephone briefing:

life Cycle of a Mortgage loan transaction

Events

New regulations, multiple regulatory changes and even some new enforcement focus from the regulatory agencies have made mortgage lending a high-risk compliance activity. This two-part telephone briefing will drill down into the mortgage lending process from start to finish and look at how the new regulations intersect with current ones.

Panelists will walk you through the mortgage transaction beginning with advertising and prequalification all the way through to servicing and loss mitigation activities. You will see transactions through case studies involving real-life examples of loans and will receive insights into how it all fits together. Each live briefing in this two-part series is designed to complement the other and it has been priced to make it affordable to attend both sessions.

Part;2:
the;Mortgage;loan
transaction:;Pre-Closing
to;Servicing

Wednesday, February 2, 2011—

This briefing will cover: PreClosing, Closing and Post-Closing/Servicing.

Within each of these stages of the mortgage loan process we will cover the alphabet soup of consumer regulations including: TILA, ECOA, RESPA, UDAP, E-Sign, Fair Lending, SCRA, HMDA, BSA/OFAC, FCRA/FACTA, Regulation O, National Flood Insurance Act, Protecting Tenants from Foreclosure Act, Fair Debt Collections Practices Act, Homeowner’s Protection Act, SAFE Act, Privacy of Consumer Financial Information and more.

Speakers

■ ■ Nancy Derr-Castiglione, CRCM, President, D-C Compliance Services, LLC, Highlands Ranch, Colo.

■ ■ Lyn Farrell, CRCM, Managing Director, Corporate Risk Advisors, LLC, Washington, D.C.

■ ■ Gregory Imm, Senior Vice President and Chief Compliance Officer, One West Bank, FSB, Pasadena, Calif.

There will be checklists and discussions regarding compliance risk management best practices within each stage of the mortgage transaction. For more information, visit http://www.aba. com/teleweb/tb2011LifeCycle- Series.htm or call 1-800-BANK- ERS. ■