Sept. 7: Recent LO Comp Enforcement and Supervisory Activity

The Consumer Financial Protection Bureau recently published its Summer 2023 Supervisory Highlights and maybe most importantly for mortgage lenders, there are potential significant changes to how the LO Comp rule is interpreted. Join MBA and industry experts as we walk through the current understanding of the LO Comp guidance and what it means for your policies and procedures.

If timing permits, our panelists will walk through any other notable items from the document and answer questions that are top-of-mind for participants.

Click here for more information.

Date/Time:

Thursday, September 7 (2:00 PM – 3:00 PM ET)

Objectives:

Communicate current interpretations of the CFPB’s Supervisory Highlights

Discuss potential impacts to the LO Comp Rule

Assess any signals being sent by the CFPB and what it might mean for your policies and procedures

Policy efforts currently underway to address LO Comp concerns and how you can get involved

Experience Level:

Entry Level

Intermediate

Advanced

Target Audience:

Heads of Production and Branch Managers

Loan Officers and Origination Staff

In-House Counsel and Compliance Professionals

Outside Counsel

Speakers:

Justin Wiseman, VP, Regulatory Affairs, Mortgage Bankers Association

Rich Andreano, Partner, Ballard Spahr, LLP

Joshua Weinberg, President, Firstline Compliance, LLC