Comparing State Community Reinvestment Laws for Independent Mortgage Banks in NY, IL and MA, March 11

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About the Event
Massachusetts has long applied Community Reinvestment Act (CRA) requirements to independent mortgage banks (IMBs). Now, New York and Illinois have followed suit, finalizing their own laws and regulations to bring IMBs under similar obligations. While these frameworks share common goals, each state’s approach includes important compliance distinctions. Join our expert-led webinar to explore how these laws compare, what they mean for IMB operations, and how your organization can prepare to meet evolving CRA expectations.

Leading legal experts will break down what’s changing, highlight key differences among the state frameworks, and share practical insights to help your company stay ahead.

Date/Time:
Wednesday, March 11 (1:00 PM – 2:00 PM ET)

Objectives:
Understand how Massachusetts, New York, and Illinois have structured their CRA laws and regulations for independent mortgage banks (IMBs).

Identify key differences in examination criteria, performance tests, and reporting requirements across the three states.

Explore the compliance challenges and operational impacts IMBs may face under these state CRA frameworks.

Recognize best practices and strategies to prepare for and respond to CRA evaluations.

Gain insights from legal experts on emerging trends and potential future state-level CRA developments.

Target Audience:
Servicing Executives and Department Heads
Outside Counsel
In-House Counsel
Chief Compliance Officers
Compliance and Risk Management Professionals

Speakers:
Moderator, William Kooper, MPA, Vice President of State Governmental Affairs and Industry Relations, MBA

Co-Moderator, Liz Facemire, AVP, State Government Affairs, MBA

Jeff Naimon, Partner, Orrick

Deborah Sousa, Executive Director, Massachusetts MBA

Jeffrey Barringer, Partner, Womble Bond Dickinson (US) LLP