Preparing for New Mortgage Servicing Notices

On-Demand Webcast Available Until April 17, 2014

Open to all credit unions, regardless of membership or charter type!

Overview

The CFPB has made major changes that impact every credit union that originates and services mortgages. Credit unions will be required to establish new notices, forms, statements, processes and procedures. With a tight deadline to complete these tasks, you need to understand these rules to best allocate resources, manage obligations and avoid penalties for your credit union.

Join us for this webcast, part of the CFPB Mortgage Reform Webcast Series and featuring attorney Suzanne Garwood, as she provides credit unions with essential information on three major servicing requirements:

1. Mortgage periodic statements
2. Interest rate adjustment notices (Reg Z)
3. Force-placed insurance notices (Reg X – RESPA)

Key Takeaways:

• An in-depth understanding of these three mortgage servicing requirements
• Vital information on the expectations imposed on your credit union
• An analysis of the new forms, including model forms published by the CFPB

Industry Leading Speaker:

Suzanne Garwood, Esq.
Partner, Venable, LLP
Suzanne Garwood focuses her practice on state and federal law relating to consumer credit and financial services. She has assisted mortgage lenders, installment lenders, and banks and thrifts with issues arising under federal and states laws. She specializes in the Truth in Lending Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity Act and state anti-predatory lending and fair lending laws. Prior to entering private practice, Garwood worked for the National Association of Federal Credit Unions as the primary liaison to the National Credit Union Administration. She continues to represent credit unions in matters relating to field of membership, mergers and other significant regulatory matters and will be presenting at this year's Regulatory Compliance School, March 18-23 in National Harbor, MD.

Who Should Attend?

• CEO and presidents
• Compliance, legal, paralegal, attorney and risk staff
• Lending/loan officers
• Mortgage and real estate officers
• Operations officers
• NAFCU Certified Compliance Officers (NCCOs)
• Employee development/ HR and training staff

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.

Registration Fees

On-demand webcasts are available for up to 12 months after the live broadcast and are included in the registration fee.