Utah Bankers Association (UBA) – 2022 Compliance Conference
The Utah Bankers Association (UBA) held its 2022 Compliance Conference October 25-27 in Park City, UT. On Thursday, October 27th, Monika McCarthy presented, Fair Lending Trends.
Utah Bankers Association (UBA) – 2022 Compliance Conference
The Utah Bankers Association (UBA) held its 2022 Compliance Conference – The Pulse of Compliance – October 25-27 in Park City, UT. On Wednesday, October 26th, 2022 Monika McCarthy moderated a UDAAP panel. The panelists included Robert Marx, VP Compliance, WebBank; Rich Friess, VP Compliance Officer, The Bank of Commerce; and Niki Christensen, Chief Compliance Officer, Central Bank. The American Bankers Association Professional Certifications has approved The Pulse of Compliance 2022 for: 15.25 CRCM, 4.25 CERP, 3 CAFP credits. This was a hybrid event.
Conference on Consumer Finance Law (CCFL) – 2022 Fall Consumer Financial Services Conference
On October 20 and 21, 2022 the Conference on Consumer Finance Law (CCFL) held their Consumer Financial Services Conference at the Renaissance Dallas in Plano, TX. On Day One, Monika McCarthy moderated a panel which included Daniel Johnson from CrossCheck Compliance LLC, L. Jean Noonan from Hudson Cook, LLP, Tricia de Leon, Holland & Knight LLP and Devin House from Toyota Financial Services. The panel’s topic was Trends in Auto Fair Lending.
Mortgage Bankers Association (MBA) – 2022 Regulatory Compliance Conference
Monika McCarthy was a panelist at the RegTech Track session, Surveying the Regulatory Landscape and Future of RegTech, during the MBA’s Regulatory Compliance Conference which took place September 18-20, 2022 in Washington, DC. This session highlighted a variety of challenges and how RegTech can help solve them and stay ahead of pending changes. The other panelists included Chris Hilliard, Chief Operating Officer and Founder, Winnow Solutions, LLC; Amy Azorandia, SVP Mortgage Compliance/Systems, First Trust Bank; and Tara Healy, Chief Compliance Officer, Cherry Creek Mortgage Co., Inc.
ABA 32nd Edition of the Reference Guide to Regulatory Compliance Now Available
CrossCheck Compliance was honored to work with the American Bankers Association (ABA) as the author of the most recent updates to the Reference Guide to Regulatory Compliance (the Guide). The Guide is a comprehensive and detailed resource for compliance professionals and those preparing for the CRCM exam. It is now available for purchase on the ABA’s […]
National Association of Industrial Bankers (NAIB) and Utah Association of Financial Services (UAFS) – 2022 Convention
On August 11, 2022 Tracey Levandoski, CRCM was a speaker at the National Association of Industrial Bankers (NAIB) and Utah Association of Financial Services (UAFS) convention in Park City, UT. Her presentation focused on Third-Party Relationships and include the following topics: Highlights of FIL-44-2008: Guidance for Managing Third-Party Risk, Summary of FIL-50-2021: Proposed Interagency Guidance on Third-Party Relationships: Risk Management, Fourth Party Management, and Preparing for the Proposed Guidance.
Mortgage Bankers Association (MBA) – 2022 Effective Internal Audit Function – Beyond the Basics Webinar
On July 11, 2022 CrossCheck Compliance experts Heidi Wier, Managing Director, Sara McGinnis, Director and Wendy McMillan, Manager, presented the second part of the Effective Internal Audit Function webinar series for the Mortgage Bankers Association. Julie Humphrey, EVP, Internal Audit, Fay Servicing, was also a presenter and provided the lender perspective. Building on themes in part one, in part two, Beyond the Basics, we discussed how effective internal audit programs evolve over time. What does it mean to have an effective internal audit function including corporate governance? How should the risk assessment process work and how does it impact the audit plan? What are the challenges of implementing an audit function? These are just some of the common questions facing mortgage bankers. Participants learned about practical, sustainable internal audit programs from experts who possess industry recognized internal audit credentials and a lender faced with these same questions.
Watch Out: TRID Errors – Eight Common TILA-RESPA Integrated Disclosure Errors
In this article, Jim Treacy explores the eight common TILA-RESPA Integrated Disclosure (TRID) Errors. These errors can increase the potential for fee tolerance violations so you will want to be sure not to make any or these errors. Loan origination systems can assist in identifying many TRID-related violations, but it is not foolproof. Policies and procedures, training and monitoring can all help decrease the number of exceptions. Learn more in this informative article.
CrossCheck Compliance LLC Added to DBRS Morningstar List
CrossCheck Compliance LLC announced that the firm has been reviewed by DBRS Morningstar and added to their list of acceptable third-party due-diligence firms for DBRS Morningstar-rated residential mortgage-backed security (RMBS) transactions.
How to Conduct an Internal Compliance Investigation
In the May/June 2022 issue of ABA Bank Compliance Magazine, Liza Warner authored an article entitled: How to Conduct An Internal Compliance Investigation. A timely and methodical investigation will provide information that may help limit the institution’s regulatory and legal exposure. In the article, Liza addresses the Compliance Management System and your investigation process, considerations for an internal compliance investigation, and how to conduct a compliance investigation.
Central Florida Compliance Association (CFCA) – 2022 Fair Lending Risks Webinar
On June 9, 2022 Liza Warner presented a webinar for the CFCA on Fair Lending Risks in Originations, Servicing & Small Business.
Mortgage Bankers Association (MBA) – 2022 Effective Internal Audit Function Webinar
On June 8th, 2022 Heidi Wier and Jim Treacy presented a webinar for the MBA. This webinar was part one of a two part series. The first webinar focused on the fundamentals of an effective internal audit function. The presenters explored the best practices for structuring an internal audit function as well as how to develop and implement a risk-based internal audit plan. Part Two, Beyond the Basics, will be presented on July 11. MBA webinars are complimentary to MBA members.
Oklahoma Bankers Association (OBA) – 2022 Annual Convention
On May 19, 2022 Daniel Johnson presented Trends in Fair Lending for the Oklahoma Bankers Association’s 2022 Convention. This session highlighted the key actions and activities important for each bank to have in place to ensure its teams are treating customers fairly and equitably. Daniel discussed key controls and monitoring over indirect automotive lending, mortgage servicing and small business lending.
Chicagoland Compliance Association (CCA) – 2022 Fair and Responsible Lending and Fair Servicing Panel
On Friday May 6, 2022 Liza Warner was a presenter on the Fair and Responsible Lending and Fair Servicing Panel for the Chicagoland Compliance Association. This was a hybrid event with both in-person and virtual access. Fair lending encompasses the entire lending cycle including servicing. Liza discussed servicing activities that financial entities should be addressing within their fair lending compliance management program.
ABA 31st Edition of the Reference Guide to Regulatory Compliance
Do you know what’s current in compliance? The American Bankers Association’s (ABA’s) Reference Guide to Regulatory Compliance is an ideal resource for compliance professionals and those preparing for the Certified Regulatory Compliance (CRCM) exam. Our team of compliance experts worked closely with the ABA on updates to the 31st edition which include: Advisories on Predatory […]
Florida Bankers Association (FBA) – 35th Annual Consumer Compliance Seminar
Sara McGinnis spoke at the 35th Annual Florida Bankers Association’s Consumer Compliance Seminar which ran from April 13 – April 15, 2022 in Orlando, Florida. Sara’s topic for the General Session on Friday, April 15 was “Beyond the Basics – Meeting Board and Regulatory Expectations for all Types of Audits”. FBA applied for 20 CRCM credits for the seminar. CrossCheck was also an exhibitor at this event.
Wisconsin Mortgage Bankers Association (WMBA) – 2022 Mortgage Bootcamp
On April 7, 2022, Heidi Wier spoke at the Fourth Annual WMBA Mortgage Bootcamp. She gave an overview of the mortgage regulations you need to know as a mortgage lender and the regulator impact on the lending environment.
California Mortgage Bankers Association (California MBA) – 2022 Avoid Fair Lending Pitfalls Webinar
On March 24th, 2022 Daniel Johnson participated in a California MBA Mortgage Quality and Compliance Committee fair lending webinar. The webinar covered pricing exceptions, underwriting exceptions, and marketing. Along with Daniel, the speakers also included Marty Allred, Chief Compliance Officer, American Pacific Mortgage, and Paula Leber, VP of Compliance and Licensing, CMG Financial. The three panelists had an interactive discussion which provided practical guidance on these important topics. The recorded webinar is available on the California MBA’s YouTube channel. https://www.youtube.com/watch?v=ufbBaPon-Hk
Highly Successful Compliance Officers – Going Beyond the Regulations
In the January/February issue of ABA Bank Compliance, Jim Jorgensen explores the skills that highly successful compliance officers (COs) need to develop. To address this issue, Jim spoke with several COs from community banks to large regional banks. They shared their insights about what skills they feel are most valuable for their roles and how they acquired and developed them.
Illinois Bankers Association (IBA) – 2021 Bank Counsel Conference
The Illinois Bankers Association (IBA) held its Bank Counsel Conference on December 3, 2021 in Chicago. Monika McCarthy and Justin C. Steffen, Esq., Partner, Barack Ferrazzano Financial Institutions Group co-presented a session entitled The Future of Digital Mortgages. They addressed how to choose the right partners with the right contractual provisions, balancing considerations such as data security, reputational risks, industry and compliance expertise, integration, and adaptability.
