New Developments in Residential Loan Servicing: State, Federal and Programmatic Laws, Regulations and Standards (Free)
May 6, 2013
CLE - Live Seminar
USA
Description
The rules of the road for residential mortgage servicing have changed significantly since the crash in 2008. Since then, a wide variety of agencies, including Congress, federal banking regulators, state attorneys general and the California legislature, have all sought to improve loan servicers’ practices, particularly in connection with the loss mitigation process. The result is a series of overlapping rules, laws and regulations – from the Dodd-Frank amendments to the Real Estate Settlement Procedures Act to the National Mortgage Settlement to the new California Homeowner’s Bill of Rights – that can be difficult to navigate. Attend this training for an in-depth look at what’s new and what’s different, including an update on recent rulemaking by the Consumer Financial Protection Bureau. Practitioners will review significant developments and discuss how to identify and address loan servicing abuses.
- Latest developments in loan modification and other loss mitigation programs available to borrowers
- Regulation of the loss mitigation process under California’s new Homeowner Bill of Rights, the National Mortgage Settlement, the Making Home Affordable program and GSE servicing guidelines
- The Dodd-Frank amendments to RESPA’s loan servicing rules and the CFPB’s new loan servicing regulations scheduled to go into effect in January 2014
- How to identify, analyze and address loan servicing abuses
Organized by
Practising Law Institute
810 Seventh Avenue
New York, New York
United States of America
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