| Date: | Thursday, April 19, 2007 |
| Time:* | 1:00 PM – 2:30 PM ET |
| Featured Speaker: | John Kromer and Clint Rockwell |
| Duration: | 90 Minutes |
| Location: | Your office or conference room |
| Prerequisites: | None |
If your area does NOT observe Daylight Saving Time, the time will be one hour earlier.
The regulators are focusing on so-called “nontraditional mortgage products”, but the housing finance marketplace continues to demand innovative and flexible financing solutions. Successfully navigating the recently adopted federal and state guidance is critical to the profitability and growth of your institution, as well as to ensure regulatory compliance.
Sign up now to join this interactive audio conference, as our experts review the key components of the federal and state agency non-traditional mortgage guidance and offer solutions that you can incorporate into your institution’s regulatory compliance and risk management strategy.
John Kromer and Clint Rockwell of the national financial services law firm Buckley Kolar LLP will provide guidance on the following:
- Basics of non-traditional mortgage guidance -- what's in, what's out (right now), and what you have to do
- Critical differences between the federal and state guidance
- Fundamental legal questions regarding the state adoption process
- Enforcement actions
- Stress testing
- What's next – new loan products and how they fit into the guidance
Registration Includes:
- Admittance to the 90-minute call for as many people as you can fit in a room with a speakerphone
- Access to the specially created presentation handouts (made available 48 hours in advance)
- Participation in the 30-minute live Q&A with the speakers following the presentation
- Certificates of attendance for all audio conference attendees
About Our Speaker
John Kromer is a founding partner of Buckley Kolar LLP in Washington, DC. Mr. Kromer regularly advises clients on compliance with state and federal laws applicable to mortgage companies, consumer finance companies, real estate companies and other financial institutions, including laws governing licensing, usury, advertising, electronic signatures, disclosures, privacy, money laundering and loan documentation. He assists financial services firms to develop, structure and negotiate business relationships, including joint ventures and outsourcing arrangements. In addition, he represents clients on federal and state legislative matters. He is a co-author of Residential Mortgage Lending: Brokers; Pratt's State Regulation of Second Mortgages and Home Equity Loans; Residential Mortgage Lending: State Regulation Manual; and Mortgage Bankers Guide to Regulatory Compliance, and has written numerous articles for consumer financial services industry publications. Mr. Kromer was the recipient of the Distinguished Service Award in 2003 from the American Association of Residential Mortgage Regulators.
Clinton Rockwell is an associate at Buckley Kolar LLP in Los Angeles, California. Mr. Rockwell counsels financial institutions, financial services companies, mortgage companies, mortgage insurers, homebuilders and others in complying with mortgage and consumer lending regulations, including those relating to real estate settlement procedures, truth in lending, fair housing/fair lending, alternative mortgage transactions, state regulations and licensing. He also advises clients on FHA-insured and VA-guaranteed single-family and manufactured housing mortgage loan programs, loan product development and a variety of transactional matters.