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.
Bank Counsel Roundtable – 2021 Fair Lending Webinar
On November 30th, 2021 Heidi Wier participated with Joseph T. Lynyak III, Partner, Dorsey & Whitney LLP, in the Bank Counsel Roundtable webinar – Fair Lending Under the Biden Administration: A Reboot or Something Different? The speakers reviewed important components of a fair lending program, including recommended approaches to review an institution’s fair lending policies and procedures, aw well as recent legal developments.
Texas Mortgage Bankers Association (TMBA) – 2021 Mortgage Symposium
The Texas Mortgage Bankers Association (TMBA) held its 4th Annual Mortgage Symposium on November 8th and 9th at the Renaissance Dallas at Plano Legacy West hotel. This year, the focus was on redefining company culture, including employee engagement and motivation, communicating change, training, and diversity & inclusion. Debbi Roberts was a facilitator for a discussion on Mentorship with Impact, moderated by Kristin Clardy Martin.
Suncoast Bankers Compliance Association (SBCA) – 2021 Avoiding UDAAP Pitfalls Webinar
On October 26th, 2021 Tracey Levandoski presented a webinar for the Suncoast Bankers Compliance Association (SBCA). The topic of this webinar was Avoiding UDAAP Pitfalls: Recognizing Risk in Marketing and Advertising. Attendees learned the UDAAP considerations related to the target audience, qualifying conditions, support for claims, testimonials, language and disclosures. This webinar also covered marketing’s impact on compliance management and the risk of using third-party service providers. The webinar was open to members of SBCA.
CrossCheck Compliance LLC Announces New Partners
CrossCheck Compliance LLC is pleased to announce that Liza Warner and Todd Krell have been promoted to partners in the firm.
Utah Bankers Association (UBA) – 2021 Fall Compliance Conference
The Utah Bankers Association hosted its Fall Compliance Conference – Unmasked from October 19-21 in Park City, Utah. This was a hybrid event. Participants chose whether to attend either in person or via Zoom. On Tuesday October 19th, Tracey Levandoski presented one session on UDAAP and one on Fair Lending for Commercial Loans.
The American Bankers Association approved the conference for 2.5 CAFP, CERP, 14 CRCM credit. As compliance expectations continue to soar, keeping up with the latest regulatory changes and compliance issues can be more than a full-time job. The Annual UBA Fall Compliance Conference offered compliance professionals in-depth, content-rich discussions that address critically important topics. This year’s conference featured a wide variety of general and breakout sessions—led by industry experts and regulators—designed to help compliance professionals stay current with and function confidently in the rapidly changing regulatory environment.
Georgia Bankers Association (GBA) – 2021 Compliance Conference
October 20 to October 22, the Georgia Bankers Association hosted its annual Compliance Conference at the King and Prince Beach & Golf Resort in St. Simons, GA. On October 21, Jim Treacy presented Online Account Opening Compliance. This event covered the full spectrum of compliance topics and provided participants the opportunity to network, share best practices and learn from nationally known experts.
American Bankers Association (ABA) – 2021 Best Practices for Monitoring Servicing Performance Webinar
On September 29, 2021 Bradley Teplin and Liza Warner presented a webinar for the American Bankers Association (ABA) – Best Practices for Monitoring Servicing Performance. This webinar helped participants be better prepared to address common regulatory and investor concerns, improve consumer complaint management, and differentiate between the unique roles of quality assurance and quality control in managing loan servicing. The recorded webinar is available on the ABA’s website.
American Bar Association (ABA) – 2021 Business Law Section Annual Meeting
On September 23, 2021 as part of the American Bar Association Business Law Section Annual Meeting, Monika McCarthy participated on a panel – Fair Servicing Spotlight and CARES Act Challenges. This panel discussed best practices to avoid fair servicing risks, predictions for fair servicing supervision and enforcement activity, and priorities of consumer advocates in the fair servicing space. The other panelists included Kevin McQuail, Ocwen Financial Corporation, Chetna Vora, Citadel Servicing Corporation, and Tori Shinohara, Mayer Brown.
Mortgage Bankers Association (MBA) – 2021 Regulatory Compliance Conference
On Tuesday September 14th, 2021 Monika McCarthy participated on a panel at the MBA’s Regulatory Compliance Conference. The panel’s topic was Working with Your Vendors to Solve Common Compliance Challenges. Attendees learned best practices for engaging with vendors to solve common compliance challenges based on scenarios presented by industry practitioners.
Mission Impossible? Overcoming Fair Lending Challenges in Non-mortgage Products
Published in the September/October issue of ABA Bank Compliance, this article discusses managing fair lending risks in all loan products offered, not just mortgage loans reported under the Home Mortgage Disclosure Act (HMDA). While managing fair lending exposure outside the realm of home mortgage lending can be challenging, it is not an impossible mission. Learn more about how to overcome the challenges in this informative article.
CrossCheck Compliance Added to Fitch List of Third-Party Review (TPR) Firms
CrossCheck Compliance announced today that the firm has been assessed by Fitch Ratings, Inc. (Fitch), a nationally recognized statistical rating organization, and added to their list of TPR firms that are acceptable for conducting loan-level diligence for private-label residential mortgage-backed securities (RMBS) transactions. “We are pleased that Fitch has recognized our capabilities as a third-party […]
American Bankers Association (ABA) – 2021 Compliance Management for First-Line Operations Webinar
On August 25th, 2021 Jocali Nakao, CRCM and CAMS, and Tracey Levandoski, CRCM, presented a webinar for the American Bankers Association (ABA). The topic of the webinar was Compliance Management for First-Line Operations. Called the first line of defense, the bank’s frontline and back-office operations together own compliance risk for the products it sells and services. The first line should maintain an effective system to identify, assess, and mitigate the bank’s compliance risk while making sure customers receive fair and responsible products and services. Attendees learned best practices for integrating the first line into an institution’s overall compliance framework and gained a deeper understanding of how to: document controls, assess risk, develop monitoring templates, and track issues through resolution within the first line. CERP, CRCM and CPE credits are available. Registration continues to be available to the recorded webinar on the ABA’s website.
