New York, NY, June 27, 2013 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled CFPB Examinations of Mortgage Servicing Transfers: Understanding the Proposed Guidance. This two-hour event is scheduled on Friday, August 23, 2013 12:00 pm - 2:00 pm (ET).
The issuance of CFPB (Consumer Financial Protection Bureau) Bulletin 2013-01 earlier this year marks stepped up efforts to counter mortgage servicing transfer problems and address consumer protection concerns. Under the proposed guidance, CFBP will conduct examinations and continuous monitoring of servicing transfers to determine whether or not the mortgage-related transactions entered into by servicers (banks and nonbanks) are in compliant with consumer finance laws. The new regs will also require servicers to submit documentation on their risk management programs and they will require enhanced procedures in order to comply with the transfer-related aspects recently-issued servicing rules which are set to take effect in January 2014.
In light of this unprecedented change, finance executives, compliance officers and attorneys who practice in the mortgage industry and related segments must have a complete understanding of the proposed guidance. A panel of thought leaders and experienced practitioners organized by The Knowledge Group will offer a substantive discussion from a 360-degree perspective regarding this significant and game changing law. The speakers will present their opinions in a two-hour liveWebcast which will be concluded by a live Q&A session.
Troutman Sanders LLP
David N. Anthony
Practice Group Leader
Deloitte & Touche LLP
Managing Director, Valuation and Financial Risk Management Practice
Michael J. Brauneis, CRCM
Managing Director, Regulatory Risk
For an updated list of the faculty panel, please visit:
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.
Visit www.knowledgecongress.org for further information and inquiry.