FDIC Banker Teleconference Series: CFPB's Final Rules on Mortgage Lending
Staff from the FDIC's Division of Depositor and Consumer Protection (DCP) will host nationwide banker audio teleconferences on Thursday, May 2, 2013; Wednesday, May 15, 2013; and Thursday, June 6, 2013, that will focus on the Consumer Financial Protection Bureau's (CFPB) mortgage-related final rules.
These calls are part of an ongoing series of banker teleconferences conducted for FDIC-supervised institutions. The purpose of these teleconferences is to maintain open lines of communication and update FDIC-supervised institutions on compliance and consumer protection related rulemakings, guidance, and emerging issues. Details about each of the upcoming teleconferences are provided below.
Registration
May 2, 2013, Banker Teleconference
2:00 p.m. to 3:30 p.m. EDT
The first call will focus on the final rules on the ability to repay, qualified mortgage standards, escrow requirements, and the loan originator compensation requirements involving the prohibition on mandatory arbitration clauses and single premium credit insurance. Registration for the first call must be completed by Monday, April 29, 2013. Registered participants will receive a confirmation email on Tuesday, April 30, 2013, with a toll-free number and pass code to gain entry to the call.
Presentation
May 15, 2013, Banker Teleconference
2:00 p.m. to 3:30 p.m. EDT
The second call will focus on the final rules on mortgage servicing. Registration must be completed by Friday, May 10, 2013. On Monday, May 13, 2013, registered participants will receive a confirmation email with a toll-free number and pass code to gain entry to the call.
Presentation
June 6, 2013, Banker Teleconference
2:00 p.m. to 3:30 p.m. EDT
The third call will focus on the final rules on loan originator compensation and changes to the Home Ownership and Equity Protection Act (HOEPA). Registration must be completed by Monday, June 3, 2013. On Tuesday, June 4, 2013, registered participants will receive a confirmation email with a toll-free number and pass code to gain entry to the call.
Presentation
For more information, please email BankerTeleconference@fdic.gov.
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