News and Resources

LexisNexis Webinar: Impacts of Dodd-Frank on the Mortgage and Banking Industry

  • January 12, 2012
  • 2:00 PM ET

Jonice Gray Tucker spoke in the LexisNexis CLE-accredited webinar, "Impacts of Dodd-Frank on the Mortgage and Banking Industry" on January 12, 2012 at 2:00 PM ET.

The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law in 2010, brought sweeping reforms to the financial industry. Attendees heard how this important law affects the mortgage and banking industry and got answers to questions such as whether the new reporting requirements impact community lenders more than national lenders and why the new debit interchange regulations and the exemption don’t apply to smaller financial institutions. They also learned about best practices for surviving federal scrutiny and recent bank and mortgage brokerage failures and more.

Jonice Gray Tucker of BuckleySandler LLP; Donald Lampe of Dykema Gossett PLLC; and Scott Samlin of SNR Denton discussed:

  • Dodd-Frank - Key provisions, bureaus and agencies impacting the mortgage and banking industry
  • Ability to repay requirement for closed-end residential loans
  • Do new reporting requirements impact community lenders more than national lenders?
  • The new debit interchange regulations & the exemption – Why doesn’t it apply to smaller financial institutions
  • Regulatory climate relating to fair lending compliance in the context of loss mitigation and loan modifications
  • Mortgage servicing and foreclosures issues in light of regulatory actions, including enforcement actions by federal regulators, state Attorney General settlement efforts & the CFPB’s new examination guidance
  • Recent bank and mortgage company compliance initiatives
  • Best practices for surviving federal scrutiny

Click here to learn more about the webinar.