POLICY & COMPLIANCE TRACK: The Latest in Mortgage Servicing Compliance and Enforcement
This session examines key topics that raise regulatory risk, including servicing and related fees, escrow account administration, default servicing and loss mitigation, and ongoing focus on FCRA and credit furnishing activities. While “junk” fees and credit reporting issues are at the top of the CFPB’s list, the servicing landscape is also changing. Additional topics include LEP compliance, the impact of proposed changes to the CFPB’s Mortgage Servicing Rules, exam findings, and UDAAP violations. Sponsored by Bradley.
Speakers
Speakers
Anoush Garakani is a partner on Alston & Bird’s Consumer Financial Services Team. He advises on mortgage banking and consumer finance and concentrates on counseling clients on compliance with federal and state consumer financial protection laws and regulations. He is recognized in the 2021, 2022, and 2023 edition of The Best Lawyers in America© “Ones to Watch” for his work in Corporate Governance and Compliance Law.
Mitch is the Chairman and Managing Partner of Weiner Brodsky Kider PC. He represents banks, mortgage companies, residential homebuilders, real estate settlement service providers, credit card issuers, and other financial service companies in a broad range of matters. As a litigator, Mitch has defended clients in more than 150 class action lawsuits in federal and state courts throughout the country. He also advises clients on federal and state regulatory compliance matters. He represents clients in investigations and enforcement actions before the Consumer Financial Protection Bureau, Department of Housing and Urban Development, Department of Veterans Affairs, Department of Justice, Federal Trade Commission, Ginnie Mae, Fannie Mae, Freddie Mac, and various state and local regulatory authorities and Attorneys General offices. In addition, Kider acts as outside general counsel to smaller companies and special regulatory and litigation counsel to Fortune 500 companies. He has written extensively on issues involving lenders and other settlement service providers and speaks frequently on regulatory and litigation matters before trade associations and other industry groups.