David H. Stevens

Assistant Secretary of Housing –

FHA Commissioner

U.S.

and Urban Development

Register for both the December 9 and 10 webcasts by Dec. 8 and save $300!

Save $100 when you register by December 3!

Credit unions have a number of questions concerning changes that are coming with the mandatory January 1, 2010 RESPA compliance deadline. Don’t miss this opportunity to hear from Vicki B. Bott, deputy assistant secretary of single family programs, U.S. Department of Housing and Urban Development. Ms. Bott is a resident expert on RESPA and will be presenting with FHA Commissioner David H. Stevens. She will be ready to answer your questions and concerns, including:

New fee tolerances;

Timing of disclosures;

How RESPA intersects with Regulation Z;

How "changed circumstances" can allow for a revised Good Faith Estimate; and more!

In addition, as Federal Housing Administration takes on a larger role working with credit unions, you'll also benefit from valuable insights on FHA’s views and direction in the current market from Commissioner David H. Stevens. Learn how recent changes at the FHA will affect your credit union and the financial services industry, including:

The future of FHA under new leadership;

The policies, programs and priorities of FHA; and

The FHA capital reserves, risk management, foreclosure prevention and consumer protection initiatives – such as the implementation of new Real Estate Settlement Procedures Act (RESPA) requirements scheduled to take effect January 1.

Don’t miss this opportunity to submit your questions to the commissioner and deputy assistant secretary during their presentation! Encourage as many coworkers and staff to join the webcast as you like. One low fee covers your unlimited access to this exclusive webcast.

Speakers

David H. Stevens

Assistant Secretary of Housing - FHA Commissioner

U.S. Department of Housing and Urban Development

As Assistant Secretary for Housing - Federal Housing Commissioner, Stevens is responsible for overseeing the $600 billion FHA insurance portfolio and HUD's multifamily subsidized housing program. In addition, he oversees HUD's regulatory responsibilities in the areas of the Real Estate Settlement Procedures Act (RESPA), and the manufactured housing industry. Prior to his appointment, Stevens served as the president and chief operating officer of the Long & Foster Companies, which includes Long & Foster Real Estate  and its affiliated businesses, including mortgage, title, insurance and home service connections.

Stevens' background also includes serving as executive vice president, National Wholesale Manager at Wells Fargo Home Mortgage's wholesale channel; senior vice president of single family business at Freddie Mac; and, 16-year tenure at the World Savings Bank, where he began his career.

Vicki B. Bott

Deputy Assistant Secretary - Single Family Housing Programs
U.S. Department of Housing and Urban Development

Assistant Deputy Secretary Bott joined the U.S. Department of Housing and Urban Development September 30 andisresponsible for the direction and management of all Single Family FHA mortgage insurance programs, including product management and development, the management and disposition of single family properties acquired by foreclosure or default and the approval and monitoring of FHA-approved lenders.

Bott is nationally regarded for her knowledge of mortgage lending and will be a vital resource for HUD during this period of unprecendented growth for FHA. She comes to the Department from Wells Fargo, where she was Vice President for Institutional Risk Management. Deputy Assistant Secretary Bott has over 20 years of experience in all aspects of the mortgage lending industry. Her professional background includes senior management positions in sales, underwriting, compliance appraisal, operations and risk management.

Moderator:

Fred R. Becker Jr.

President/CEO, NAFCU

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Who Should Participate:

NAFCU’s webcasts include live streaming video and audio of the presenters along with presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time and there is no dialing in over the phone! The audio and video stream directly through your computer.

Registeration Fees:

 
Archived Webcast Available until June 10, 2010

Archived webcasts are available for up to 6 months after the live broadcast and are included in the registration fee. If you are unable to participate in the live webcast, purchase the archived version before the early registration deadline and save $100!

Note: A $50 fee applies to all cancellations. Registrations must be cancelled by December 7, 2009.

Broadcast live from NAFCU's Headquarters in Arlington, VA.

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