- The FDIC is holding periodic teleconferences to keep FDIC-supervised institutions informed about compliance and consumer protection related rulemakings, guidance, and emerging issues.
- The first banker teleconference will discuss the Truth in Lending Mortgage Loan Originator (MLO) Compensation Rule and its impact on a bank's ability to compensate MLOs based on profitability. The teleconference is scheduled for Tuesday, February 21, 2012, from 11:00 am to 12:30 p.m. (Eastern Time). The sessions are free, but registration is required. See the attached announcement for additional registration information.
- The information presented will be based on consultations with other federal regulators, including the Consumer Financial Protection Bureau, and is consistent with previous regulatory guidance.
- Additional banker teleconferences are scheduled for June 5, September 27, and November 15, 2012, from 2:00 p.m. to 3:30 p.m. (Eastern Time). Future topics are to be determined and will be made public through a separate announcement.
Chief Executive Officer
Chief Lending Officer
Teleconference Series Announcement
Alex Cheng, Policy Fellow, at (202) 898-6839 or
FDIC Financial Institution Letters (FILs) may be
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Paper copies may be obtained through the FDIC's
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1002, Arlington, VA 22226 (877-275-3342 or 703-