- Earlier this year the Consumer Financial Protection Bureau (CFPB) released sweeping new regulations governing mortgage servicing, intended to prevent the recurrence of the foreclosure and other servicing problems that followed the financial crisis. While the CFPB's "ability to pay" proposed rule has received the most attention, the Bureau's other mortgage servicing rules promise to change practices throughout the entire residential mortgage experience, from appraisals origination to servicing to default servicing and possibly foreclosure.
The vast scope and complexity of the rules has challenged servicers and their legal counsel, and it has prompted strong reactions and questions from all sides. Marta Tanenhaus, Senior Counsel for Regulations at the CFPB, will explain and share the CFPB's perspective on these views. Speakers with consumer and industry perspectives will share their reactions and discuss the legal issues of which counsel should be aware.
This "Off the Record" luncheon program is sponsored by the Financial Institutions Committee of the Corporation, Finance and Securities Law Section.
Remarks made during "Off the Record" events may not be used for publication.
D.C. Bar Conference Center
1101 K Street, NW, Conference Center
Washington DC 20005
- Sections Office 202-626-3463
- Lisa DeLessio, Hudson Cook, LLP
- Ira Rheingold, National Association of Consumer Advocates (Invited)
- Marta Tanenhaus, US Consumer Financial Protection Bureau
- Elijah Alper, WilmerHale (Moderator)
- CLE Credit
Corporation, Finance and Securities Law Section $15.00
Government and Non-Profit Employees $5.00
Non-Section Members $20.00