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Event Date | Wed Apr 12 EDT (over 7 years ago) |
Region | Americas |
One of the more challenging elements of the 2017 updates to mortgage servicing regulations are the requirements for handling both potential and confirmed successors in interest. Determining what to require from successors in interest can be complex enough when looking at the laws governing successorship in any one particular state. When looking at multiple states, this challenge can become an exponentially complex task for servicers and in-house counsel. Join MBA staff and legal experts as they review the various elements of the CFPB's upcoming Successor in Interest requirements and the steps your company needs to take now to ensure adequate compliance. The webinar will let you explore the tools MBA has developed in partnership with Alston & Bird to help your company comply.
Objectives:
Attendees can expect to learn about:
An overview of the CFPB's Successor in Interest regulations
The categories for grouping Successor In Interest scenarios
How to determine reasonable documents needed to prove successorship
How state regulations can vary and what may be on the horizon for changes to the regulations
Explore the tools that MBA and Alston & Bird have created to help you comply and manage the regulations
Speakers of 2017
Margaret Scott, Partner, Alston & Bird LLP
Nanci Weissgold, Partner, Alston & Bird LLP
Justin Wiseman, Director of Loan Administration Policy, MBA