BREAKOUT SESSION: Why Basel Endgame Matters for the Mortgage Industry
Last year’s instability in the banking system last spring led to a desire to tighten banking regulation. As a result, the industry is now faced with proposed Basel 3 Endgame requirements. These new regulations will have wide-ranging impacts that expand beyond big banks and into various segments of the mortgage market. Gain insight into the winners and losers under the proposal and why it has generated so much attention from Main Street to Capitol Hill. Sponsored by CoreLogic.
Speakers
Moderator
Fran Mordi joined the Mortgage Bankers Association in May of 2017 after 20 years of post-Law school experience in the areas of tax and accounting. Prior to joining MBA, Fran worked at the American Bankers Association and Deloitte Tax, LLP on domestic and international tax issues impacting the financial services industry. Fran has specific expertise in putting together training sessions and presenting at bank tax conferences and panels. Fran has extensive experience working with the banking regulators, FASB, the Treasury and Congress as an advocate of the financial services industry. Fran holds a J.D. from New England Law School, Boston, MA, and an LL.M in Taxation from Georgetown University Law School, Washington, DC.
Speakers
Matthew Bisanz is a partner in Mayer Brown’s Financial Services Regulatory and Enforcement practice. He counsels domestic and global financial services firms on a variety of banking and derivatives regulatory issues.
Deb Jones, CMB, is Director of Mortgage Capital Markets for Citizens Bank. She oversees teams that manage all capital and secondary market activities and strategic balance sheet transactions. In her 35+ year career, Deb held various roles, including, trading, deal structuring and asset sales with Greenwich Capital and the RTC. She also served broader roles, including as Chief Administration Officer at Charter One; and EVP and principal in a mortgage consulting firm. Deb participates in industry activities with advisory boards and trade associations. She recently served as Chair of MBA Capital Markets Committee and is now Secretary of the CMB Society. She is an avid equestrian and owns a small horse farm in Virginia Richmond and is co-founder in her sister’s organic spirits company.
Matthew VanFossen is a successful entrepreneur and the CEO of the Absolute Home Mortgage Corporation, a mid-size Independent Mortgage Banker located in Fairfield, NJ. He is also the CEO of Mortgage Automation Technologies, a financial technology provider specializing in consumer mortgage technology. Matthew has been a driving force in the Mortgage industry and is a respected figure in the community. He is the president of the New Jersey Mortgage Bankers Association and the Vice President and board member of directors for the Community Home Lenders of America. Before founding Mortgage Automation Technologies, VanFossen had already established himself as an accomplished Mortgage Banker, having taken on a executive role of several successful mortgage companies. He has a wealth of experience in the tech and finance industry, and has also worked as a consultant for various fintech startups and mortgage lenders nationwide. VanFossen's passion for innovation and technology is evidenced by his numerous achievements. He has been named a "Top mortgage professionals Under 40 " by National Mortgage Press and has been featured in various publications, including Scotsman’s guide and Housing wire. In 2023 Matthew was awarded the ICE Mortgage Technology Innovators award for best us of Next Generation Mortgage Technology by Encompass. Under VanFossen's leadership, Mortgage Automation Technologies has become a major player in the financial technology space, offering web-based pint of sale solutions to some of the biggest mortgage companies in the industry. VanFossen's technology enables efficient and speedy consumer mortgage transactions, eliminating consumer communication complaints and reducing costs for users. VanFosse also serves as Vice President of the Community Home Lenders of America. A national non-profit association of small and mid-sized community-based mortgage lenders that promotes federal mortgage programs, rules, and regulations which treat community mortgage lenders fairly.
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