Bankers' Teleconference Series on Regulation Z's Mortgage
Loan Originator Compensation Rule: Proxies and Profitability
Tuesday, February 21, 2012
11:00 a.m. to 12:30 p.m. EST
Staff from the FDIC's Division of Depositor and Consumer Protection (DCP) will host a national
banker teleconference on February 21, 2012, to review and discuss Regulation Z's (Truth in Lending)
Mortgage Loan Originator (MLO) Compensation Rule and its impact on a bank's ability to
compensate MLOs based on the terms and conditions of a loan, including compensation based on
the bank's profitability. The purpose of this conference is to assist FDIC-supervised institutions as
they review and, if necessary, adjust their compensation practices with respect to their residential
mortgage loan originators.
This will be the first of several in a series of banker teleconferences conducted by the FDIC
throughout 2012 for FDIC-supervised institutions. The purpose of these teleconferences is to
maintain open lines of communication, provide transparency, and update FDIC-supervised institutions
on compliance and consumer protection related rulemakings, guidance, and emerging issues.
This teleconference is open to FDIC-supervised institutions. Bank directors, officers, and staff
members are welcome to attend. Participants may call in from any location and are not required to be
on-site at their institutions. The teleconference is free, but registration is required. To register, please
follow the instructions below. Please complete the registration by Wednesday, February 15, 2012.
Institutions may submit questions in advance of the call to BankerTeleconference@FDIC.gov.
On Thursday, February 16, 2012, a confirmation email will be provided with a toll-free number and
pass code for participants to gain entry to the call on February 21. The presentation materials will be
available at that time.