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San Francisco Region Bankers' Forum
Real Estate Settlement Procedures Act – Section 8

 

Thursday, May 19, 2016
1:00 - 2:30 PM Pacific


FDIC examination staff will share their expertise in the area of Section 8 of the Real Estate Settlement Procedures Act (RESPA). The presentation will begin with a high-level overview of Section 8, followed by a discussion of the regulatory requirements for brokers and correspondent lenders. Next, staff will discuss potential red flags that compliance personnel should look for when there are changes in their bank’s lending model. Finally, staff will share some examples of RESPA Section 8 issues, corrective action, and compliance management system best practices.

The 45-minute presentation will be followed by a 45-minute question and answer session. To ensure participant questions are addressed, participants will have the opportunity to email their questions in advance to SFConsumerProtection@fdic.gov.  Questions may also be submitted during the live broadcast.

 

Who Should Attend
San Francisco Region Supervised Banks: We encourage directors, chief executive officers, presidents, chief risk officers, chief credit officers, chief financial officers, and internal auditors to attend.

 

Registration Information
Registration is now closed.  The teleconference is open to FDIC-supervised institutions in the San Francisco Region.  Participants may call in from any location and are not required to be onsite at their institution.  If you have any problems registering, please send an email to FDICSanFrancisco@FDIC.gov and include your name, title, and bank name/location.

To allow sufficient time for all participants to be connected, we encourage you to call at least 15 minutes prior to the beginning of the teleconference.

Note: Although there is no cost to participate, we would appreciate your registration by Monday, May 16, to reserve your telephone line.

 

Presentation Materials
View/Download slide deck.

 

Contact
Heather Gilliams
Senior Review Examiner
SFConsumerProtection@FDIC.gov