Publication

Compliance Countdown; 60 Days Left to Prepare.

Seminar Details
Date
November 12, 2013
Location
Wyndham Hotel 400 Arch Street Philadelphia, PA Directions
Agenda
Seminar 1:00 – 5:00 PMCocktail Reception 5:00 – 7:00 PM
Cost
$195.00 USD Bring a guest and they receive half off the seminar price
Register Today
About Offit Kurman
Offit Kurman is one of the fastest-growing, full-service law firms in the mid-Atlantic region. We are well positioned to meet the legal needs of dynamic businesses and the people who own and operate them. At Offit Kurman, we are our clients’ most trusted legal advisors, the professionals who help them to maximize and protect their business value and individual wealth. In every interaction, we consistently maintain our clients’ trust and confidence by remaining focused on their objectives to help them achieve their goals.
In January 2014 a slew of new federal mortgage regulations take effect that will change the industry forever. Lenders will face unprecedented compliance and industry pressures.
Do you know how to remain compliant and competitive next year and beyond?
You are invited to this special briefing to be followed by a cocktail reception.
During this half-day briefing we will cover rules and strategies to prepare your business for 2014:
Session I: Opening Remarks & FHA Audits and Approvals
Understanding your risks and what is at stake
Common lender mistakes
Overview of current regulatory environment
Session II: Marketing and JV Agreements
Proper Usage and Structure
Red Flags to Avoid Scrutiny
Managing Relationships to Avoid Liability
Session III: LO Comp and Affiliate Strategies Understanding QM & ATR
Modifying LO Comp Agreements
Practical impacts of ATR and QM
The 3% Cap and Affiliate Compensation
Session IV: Vendor Management Strategies
Effective/Efficient Due Diligence
Choosing Vendors
Understanding Vendor Risks
Session V: Maximizing Opportunities For Industry Consolidation & Closing Remarks
Overview of Lender Valuation
Contingent Liability Negotiations
Due Diligence for Lenders
Compliance Alternatives
Register Today
Presented By
Offit Kurman, a full-service law firm with nationwide financial institutions compliance practice.
The Collinwood Group, a provider of advisory services and business development opportunities to decision makers and senior industry executives.
The CFPB and state regulators have announced their intention to coordinate enforcement of new and difficult to understand laws and regulations. Congress has passed new laws creating unprecedented liabilities for lenders. The threat of horizontal audits and third party liability has created a self-policing industry where regulatory and litigation risks can preclude continued business relationships. Fortunately, the majority of risks for lenders can be avoided by proper and efficient compliance management. Further, lenders can remain highly competitive if they fully understand the rules and on what regulators’ focus. The seminar will provide invaluable practical advice and insight as to how lenders can thrive in the current environment from attorneys who are on the front lines of these matters.
Presenters
Ari Karen Principal Offit Kurman Bryan Pelino Principal Offit Kurman Daniella Casseres Associate Offit Kurman Tim Rood Partner The Collingwood Group
Offit Kurman, Attorneys At Law