agenda

BE IN THE KNOW

9:00am
Grand Ballroom Foyer
9.5 hr

Registration

Registration

Registration is located next to the hotel restaurant in the Grand Ballroom Foyer.
10:30am
Grand Ballroom C
1.5 hr

Pre-Summit Workshop

ComplianceEase User Advisory Council

By Invitation Only

10:30am
Grand Ballroom B
1.5 hr

Pre-Summit Workshop

What’s New in ComplianceAnalyzer

ComplianceEase Clients and Regulators Only

12:00pm
Grand Ballroom A
1 hr

Break

Lunch

For ComplianceEase Clients and Regulators attending Sunday pre-Summit workshops.

1:00pm
Grand Ballroom B
1.5 hr

Pre-Summit Workshop

How to Improve Field Exam Productivity with e-Exams

Regulators Only

1:00pm
Grand Ballroom C
1.5 hr

Pre-Summit Workshop

How to Improve Compliance Department Efficiency with DecisionMonitor

ComplianceEase Clients Only

2:30pm
Grand Ballroom Foyer
15 min

Break

Refreshment Break

2:45pm
Grand Ballroom B
1 hr

Regulator Track

How Regulators Use Call Reports to Prioritize Risk

Open Session

 

2:45pm
Grand Ballroom C
1.5 hr

Pre-Summit Workshop

What’s on Your Wishlist (User Feedback Session)

ComplianceEase Clients Only

5:00pm
Grand Ballroom Foyer
1.5 hr

Welcome Reception

Light fare and drinks provided

8:00am
Grand Ballroom A
45 min

Networking Breakfast

8:00am
Grand Ballroom Foyer
9 hr

Registration

Registration

Registration is located next to the hotel restaurant in the Grand Ballroom Foyer.

8:45am
Grand Ballroom B&C
15 min

Summit Chair's Welcome

Welcome Remarks

Welcome to the 3rd Annual Risk & Compliance Summit!

Dan Smith

ComplianceEase

9:00am
Grand Ballroom B&C
45 mins

Fireside Chat

Opening Keynote: 2020 Election and the Impact to the Industry

The 2020 elections could potentially have major impact on our industry’s regulatory outlook and even the government’s future role in the mortgage industry. The next Administration (whether Blue or Red) will set the CFPB’s agenda, determine the future status of the GSEs and either step-up or roll back enforcement of a wide variety of consumer protection measures, including TRID. This presentation will touch on these major issues at stake for industry participants and potential outcomes where the industry must once again be prepared to shift at a moment’s notice.

9:45am
Grand Ballroom B&C
1 hr

Fireside Chat

The Scoop: CFPB and State Regulators Next Steps

This session will explore the groundwork that has been set by state and federal regulators with a look towards future goals and industry participation.  The session will also cover dialogue and cooperation between the states and the CFPB.

Lucy Morris

Hudson Cook LLP

Troy Garris

Garris Horn, PLLC

10:45am
Grand Ballroom A & Foyer
30 min

Refreshment Break

11:15am
Grand Ballroom B&C
1 hr

Fireside Chat

QM Patch: Market Ramifications

In 2018, the QM Patch accounted for 16% of total originations or $260 billion in volume. But now the Patch is on borrowed time. Whether the CFPB re-writes the rule, the GSEs exit conservatorship, or the Patch expires altogether, we’re headed for significant change. Is the industry ready? What are the implications for lenders and the opportunities and risks for investors? Join our expert panel for an in-depth discussion.

 

Topic Highlights

  • Latest CFPB guidance on potential changes including APOR rate spread
  • Alternative measures to DTI and associated calculation challenges (App. Q)
  • AEIs proposed mortgage default rate (MDR) alternative
  • Existing Alternatives to the General QM Standard and GSE Patch

Jed Mayk

Hudson Cook LLP

Sharif Mahdavian

Kroll Bond Rating Agency

Ed Pinto

American Enterprise Institute

12:15pm
Grand Ballroom A & Foyer
45 mins

Luncheon Keynote: The Return of Private RMBS

Industry pundits have been predicting the return private label RMBS for more than a decade. But thanks to the growth and performance of non-QM assets over the past few years the non-agency issuance market is finally expanding beyond Jumbo MBS.  This panel will discuss the kinds of deals that are coming to market, the levels of diligence and rating agency scrutiny that they are receiving and investor expectations. It will also discuss the potential impact of the expiring QM Patch and how this may affect originators who are used to selling under the Patch.

Paul Anselmo

Evolve Mortgage Services

1:30pm
Grand Ballroom B
1 hr

Risk Track

The Untold Cost of Risk & Compliance

2019 will go down in the record books for a number of reasons.  Mortgage origination volume in the US was significantly higher than predictions and origination / compliance costs soared to record highs.  New technology innovations pave new roads for banks, non-banks and the GSEs.  The panel will discuss how changing customer preferences, technology, and market characteristics are driving change that could lead to consumer harm.

Topic Highlights

  • Compliance Automation
  • Risk Controls & Monitoring
  • Technology
1:30pm
Grand Ballroom C
1 hr

Compliance Track

Are you Complying with the New Servicing Rules?

In the first half of 2019, more than 4 billion records were exposed by data breaches. Today more than half the states (26) have data protect laws, with California and New York being among the strongest. This panel will look at various state and federal regulations that could come into play on the event a cyber security breach. What prudent steps must a company take to prevent this, what are the requirements in the event of a breach and what, beside reputational damage, are the consequences?

Joe Furlong

MIAC Analytics

2:30pm
Grand Ballroom Foyer
10 min

Session Break

Break

2:50pm
Grand Ballroom B
1 hr

Risk Track

The Deluge of New Data Security Rules

In the first half of 2019, more than 4 billion records were exposed by data breaches. Today more than half the states (26) have data protect laws, with California and New York being among the strongest. This panel will look at various state and federal regulations that could come into play on the event a cyber security breach. What prudent steps must a company take to prevent this, what are the requirements in the event of a breach and what, beside reputational damage, are the
consequences?

2:50pm
Grand Ballroom C
1 hr

Tech/Innovation Track

The Compliance Risks of Technology Advancements in Origination

The development of fintech innovations, specifically including AI, robotics and blockchain, will likely have a significant effect on the mortgage origination process. The advancement of this technology allows for improved communication and reporting.  It changes the dynamics of the way in which the lender interacts with the consumer as well as the regulators. It also can drastically advance the process of regulatory inquires and audits. Automation helps to streamline regulatory change, understand relevance and relationships, and reduce time-to-compliance. This panel will address the pros and cons of being innovative and adopting to new technology advancements and the associated compliance risks.

Topic Highlights

  • What are the compliance risks associated with this changing landscape?
  • Is the risk of holding back on such innovation greater than the risk of technology advancement without full industry adoption?
  • What effect does the technology have with respect to regulatory requirements, and how can lenders test the waters of such innovation without going in too deep?
  • Is there effective oversight in the industry to protect the data integrity involved in these technology developments?

Debbie Hoffman

Symmetry Blockchain Advisors

3:50pm
Grand Ballroom Foyer
10 min

Refreshment Break

4:00pm
Grand Ballroom B
1 hr

Regulator Track

Regulatory Exams: An Interactive and Pragmatic Discussion

In many ways, regulatory examinations are nothing new – they’ve been around for decades.  But it’s also very true that in a number of ways, the current crop of regulatory examinations are something very new indeed.  The players have changed, their focus has changed, and their methodologies have changed.  And make no mistake, they’re going to continue to change and evolve going forward.  This panel will discuss today’s realities, how we got here and where we’re likely headed in the future, to help empower those of you who must guide your companies’ efforts to successfully prepare for and engage in future regulatory exams.

Topic Highlights

  • Dodd-Frank creates CFPB, and a new player joins the game
  • States remain very active, perhaps even more active, and the Multi-State exam arrives
  • States and CFPB continue to explore appropriate ways to coexist, and potentially cooperate
  • Adoption of technology enhances capabilities and begins to evolve exam methodologies
  • All of the above continue to swirl around, and help shape the future

Jeremy Windham

Alabama Banking Department

Jack Konyk

Weiner Brodsky Kider PC

4:00pm
Grand Ballroom C
1 hr

Tech/Innovation Track

Leadership and Learnings

Hear from successful industry leaders who will share their experiences in leading teams. We will explore their successes
and what challenged them along the way. Join the discussion and get practical advice and inspiration on how to make a
positive impact in the workplace.

Marcia Davies

Mortgage Bankers Association

Laura Escobar

Eagle Home Mortgage

Susan Stewart

SWBC Mortgage

5:00pm
Grand Ballroom Foyer
15 min

Session Break

Break

5:15pm
Grand Ballroom B
1 hr

Tech/Innovation Track

Re-Engineering Non-bank Supervision with RegTech

John Levonick

Ballard Spahr LLP

5:15pm
Grand Ballroom C
1 hr

Tech/Innovation Track

The State Examination System’s (SES) New World Order

6:15pm
Grand Ballroom Foyer
1 hr

Happy Hour Reception

Light fare and drinks provided

8:00am
Grand Ballroom A & Foyer
45 min

Networking Breakfast

8:00am
Grand Ballroom Foyer
9 hr

Registration

Registration

Registration is located next to the hotel restaurant in the Grand Ballroom Foyer.

8:45am
Grand Ballroom B
1 hr

Compliance Track

Becoming Agile: Why the Compliance Officer Role Needs to Change

Amanda Phillips

Ballard Spahr

8:45am
Grand Ballroom C
1 hr

Risk Track

The Aftermath of Data Breaches

Jim Chareq

Hudson Cook LLP

Amy Mushahwar

Alston & Bird

9:45am
Grand Ballroom Foyer
15 min

Break

Refreshment Break

10:00am
Grand Ballroom B
1 hr

Compliance Track

What Compliance Officers Need to Know About AI-Based AUS

With AUS and the use of AI, Compliance Officers and their teams need to remain on top of the “Black Box” engines.  One way to combat this is to conduct fair lending testing.  Because we do not know which triggers are being pulled in the “black box” AUS systems, Compliance Officers must understand the resulting data after the AUS runs to ensure that no concerns arise.  If there are concerns, what is a Compliance Officer looking for in the testing results and what are items or workflows that can be shifted on the front-end?  Additionally, as non-QM products continue to grow, Compliance Officers need to understand how the business units are making the underwriting decisions for the non-QM population of loans

Laura LaRaia

First Guaranty Mortgage Corporation

David Skanderson

Charles River Associates

Valerie Hletko

Buckley LLP

Laurie Sullivan

First Guaranty Mortgage Corporation

10:00am
Grand Ballroom C
1 hr

Regulator Track

CSBS “Vision 2020” (Including Regulator Oversight of Fintech)

11:00am
Grand Ballroom Foyer
30 min

Refreshment Break

11:30am
Grand Ballroom B
1 hr

Regulator Track

Regulatory Data Requests – Myths and Facts

Have you ever wondered why regulators request data, and what they do with the data you provide?  Everyone seems to have their own thoughts, but do you really know?  This conversation with regulators will help demystify the process.

Topic Highlights

  • What is the purpose of examinations?
  • How are companies selected for examinations?
  • What do regulators spent most of their time doing in an examination?
  • What kind of data reporting issues do regulators encounter?
  • What types of mortgage compliance issues do regulators encounter?

Rick Hill

Mortgage Bankers Association

Leonard Ryan

QuestSoft Corporation

11:30am
Grand Ballroom C
1 hr

Risk Track

Modern Risks: Social Media, Corporate Culture, and Fintech

Led by Housing Finance Strategies leader, Faith Schwartz, this panel will focus on how corporate culture, strong 24/7 social media, and fintech make a powerful combination for the shifts going on in the mortgage market. Dana Dillard, executive at Mr. Cooper will take you through their journey in changing the name to Mr. Cooper. What they did well , what they would do differently and why it matters. Nicole Booth, leader at Quicken loans, will describe their culture, highly defined by technology and self describes themselves as a tech company who is very consumer focused. Chase Housing leader Suzanne Garwood will describe the transformation going on at Chase home loans around millennials, fintech and the future. This panel will explore risk compliance and progress in the face of “big data and technology”. Three different companies, highly successful and leaders in housing.

 

Dana Dillard

Mr. Cooper

Faith Schwartz

Housing Finance Strategies

Nicole Booth

Quicken Loans

12:30pm
Grand Ballroom A & Foyer
1 hr

Luncheon Keynote: Are Non-Banks Really A Systemic Risk?

The changing origination landscape: What’s driving the growth of non-bank lending and what it means for compliance.

Stan Middleman

Freedom Mortgage Corporation

1:30pm
Grand Ballroom B&C
1 hr

Fireside Chat

Prudential Standards for Non-Bank Servicing

2:30pm

15 min

Session Break

Break

2:45pm
Grand Ballroom B&C
1 hr

Fireside Chat

Five Years After TRID: We Still Aren’t Getting it Right

It’s hard to believe that TRID is now five years old. But even as memories of the industry’s massive operational and compliance readiness efforts begin to fade, TRID errors continue to plague the industry. This panel will examine what’s gone right, what’s still a challenge and where the industry focus needs to be going forward. CFPB’s recent request for TRID re-assessment will also be discussed.

Craig Riddell

LoanLogics

Cathy Hunt

Evolve Mortgage Services

Paula Leber

CMG Mortgage, Inc.

3:45pm
Grand Ballroom Foyer
30 min

Refreshment Break

4:15pm
Grand Ballroom B&C
1 hr

Fireside Chat

Closing Keynote: New Business Models: Opportunities and Risks

5:15pm
Grand Ballroom B&C
15 min

Fireside Chat

Closing Remarks

Thank you for a fantastic 3rd Annual Risk & Compliance Summit!

John Vong CMB,CMT

ComplianceEase

8:00am
Clark Room
1 hr

Break

Continental Breakfast

8:00am
Clark Room
1 hr

LEF Mini-Summit

Registration

Registration is located next to the hotel restaurant in the Grand Ballroom Foyer.

9:00am
Clark Room
3 hrs

LEF Mini-Summit

LEF Mini Summit

The fourth LEF Mini-Summit is a continuing industry and regulatory discussion on an important data quality and data standards initiative that is critical to ensuring efficient, effective and accurate state mortgage examinations. Mortgage lenders will be required to upload and submit transaction data in a specific file format (the Lending Examination Format, or LEF) regardless of the lender’s choice of loan origination system (LOS), compliance vendor or document provider. These series of mini-summits bring together mortgage lenders, state and federal regulators, ComplianceEase, and other third-party service providers with an end goal of seamless data uploads to the regulators. Conference attendees interested in attending can make the corresponding selection when registering.

Registration for the Risk and Compliance Summit is NOT required. To register for the LEF Mini-Summit ONLY click here.

Topic Highlights

  • Update on the current status and progress of the LEF initiative.
  • Review of the Pre-Exam Portal (PEP) and ezLEF.
  • Discussion of the timeline of the initiative, and responsibility of industry participants and next steps.

Join Your Peers

See You in Chicago