|Monday, April 7, 2014|
|7:15 - 8:15 AM
Data Intelligence Changes the Way We All Do Business! "Defend the Castle" Against Fraud and Reputational Risk!
Merle D. Sharick, CMB, Solutions Consultant- Real Estate/Mortgage, LexisNexis
Fraud and misrepresentation helped cause a lot of what the housing and real estate finance world has experienced over the last five years. The unwinding of those industries brought to light processes, procedures, tools, and data that need to be fixed! All the exposure has also placed the spotlight on protecting your institution from reputational risk exposure. This session will focus on how data intelligence has evolved and can be helpful in changing the way we all do business! The regulators demand a change and the industry must to expect any different outcomes. Data can be a valuable defense tool--but, data intelligence is even more important in making better decisions that can mean more business by helping expand the market. There are more tools available now that the traditional tools that we ineffective in the past.
|8:30 - 9:30 AM
Opening General Session
Kelly King, President & CEO, BB&T
BB&T has long been a significant force in the lending industry. Mr. King will share his views on the opportunities and potential growth areas for residential and commercial lending, as well as the regulatory influences affecting lending strategies.
|9:30 - 10:00 AM
||Break in the Marketplace|
|10:00 - 11:30 AM
2C- Commercial Real Estate- Recovering from the Recovery
Brian D. Bailey, CCIM, Senior Financial Policy Analyst- Commercial Real Estate, Division of Supervision and Regulation Federal Reserve Bank of Atlanta
As the commercial real estate markets continue to slowly improve in tandem with the US economy, the challenge that many community banks face is the ability to properly identify lending prospects in their respective markets. Compounding this challenge will be the realization that not all property types will be at the same pace of recovery; making it extremely important to differentiate among those opportunities in order to improve profitability and avoid pitfalls. This session will discuss the commercial real estate markets and a prognosis of what to expect. Topics to be discussed are:
- Overview of the Commercial Real Estate Markets
- Identification of product types and their associated risk factors
- Correlation of capitalization and interest rates
- Long term outlook of the markets
2R- Safely and Profitably Lending Outside of QM
John Battaglia, President, Cambridge Mortgage Group
Leonard N. Chanin, Partner, Morrison & Foerster
J. Tyler Gilday, Vice President, Director of Retail Lending, Lake Sunapee Bank, FSB
This session will examine making loans that fall outside of Qualified Mortgage Safe Harbor, but still exhibit the Ability-to-Repay and some areas to consider when making these loans. A panel will discuss the due diligence and risk analysis their institutions performed that reinforced their decision to continue making Non-QM loans in their marketplace. Legal considerations will also be discussed with respect to the risks involved and steps to take to protect your bank in case of litigation without the protection of Safe Harbor.
|11:30 AM- 12:30 PM
||Lunch in the Marketplace|
|12:30- 2:00 PM
3C- Regulatory Guidance Update
Beverlea (Suzy) Gardner, Senior Examination Specialist, Federal Deposit Insurance Corporation
Carmen D. Holly, Supervisory Financial Analyst, Board of Governors of the Federal Reserve System
James "Jim" Stiel, CRC, Risk Specialist, Office of the Comptroller of the Currency
In an open discussion forum, gain the latest insights in the commercial lending market from the regulators- guidance on OREO; appraisal and environmental requirements; title search and insurance, etc.
3R- A Fair Lending Focal Points- Identifying Risks & Rewards in the Post Bureau Rulemaking World
Paul Hancock, Partner, K&L Gates
Jeff Jaffe, Senior Corporate Compliance Manager, SVP, Corporate Compliance, bank of the West
Bruce Schultz, Vice President, Secondary Marketing, SpiritBank
With the various Dodd-Frank Act rules on QM and Servicing becoming effective earlier this year, community banks engaged in residential mortgage lending are faced with a variety of new challenges and choices. This session will discuss one of the major compliance challenges faced daily by bankers, Fair Lending, and the context of it in the new post Bureau Rulemaking environment. The topics to be discussed are:
- The current state of Fair Lending litigation related to residential mortgage lending
- QM vs. Non-QM- Identifying Fair Lending Risks and making an informed decision in terms of product offerings
- Meeting Your Bank's CRA Obligation with QM alone
- Changes of QM vs. Non-QM lending operations
- Fair Lending issues in Mortgage Servicing- What to be aware of
3R-B- Secondary Market Execution Options
Gary Manfredi, Correspondent Division Manager, Strene Agee Mortgage
Alan Hitchcock, Product Development Director, Freddie Mac
- Understand the various delivery options
- Considerations for deciding the best direction for your bank, depending on your banks appetite for risk
|2:00- 2:30 PM
||Break in the Marketplace|
|2:30- 3:45 PM
4C- CRE Stress Testing: A Roadmap for Community Banks
Michelle M. Lucci, CRCM, CAMS, Risk Management Consultant Bankers Toolbox
This session covers stress testing from start to finish, through and exploration of the guidance banks must follow, and how community banks can perform the stress test and present the results.
Session Learning Objectives:
- Identify data required to perform stress testing
- Estimate and calculate certain fields that are needed to perform the analysis
- Once data is tabulated, learn how to apply results in many areas of risk management
4R- A- QC reporting- How Banks can Reduce Compliance Costs and Deliver Bottom Line Results
Tom Drago, V.P., Chief Compliance Officer, CoastalStates Bank
Brian Fitzpatrick, President & CEO, LoanLogic
Steve Spies, Vice President, Loan Quality and Lender Assessment, Fannie Mae
GSE loan quality initiatives and new FHA plans have made QC reporting a requirement. Every bank needs a solid understanding of how to meet these requirements, but also how to turn these compliance costs into return on investment for loan quality initiatives. QC reporting and the business intelligence it can provide offers significant value for banks looking to improve lending operations and deliver bottom line benefits.
Attending this session will help you:
- Understand FHA and GSE loan quality reporting requirements and how to comply
- Leverage QC reporting as a key tool to impartially monitor the performance of existing technology, processes, training and personnel of an organization
- Evaluate options for establishing a quality control framework that can proactively reduce repurchase risk and lender liability
- Learn how granular to global reporting can drive sound business improvements and ROI
4R-B- Vendor Management- Overcoming Challenges with Complex 3rd Party Relationships in Today's Mortgage Industry
Richard Anderl, Senior Manager- Financial Services Advisory, Grant Thornton, LLP
Molly Curl, Bank Regulatory National Advisory Partner, Grant Thornton
Martha Woelke, SVP, Retail Lending Product Manager, First Federal Bank
In today's complex environment, external vendors play large roles in all phases of the mortgage life cycle. They provide critical information to the bankers who originate the loan, provide support services such as QA/QC, and in many cases handle the whole loan servicing process for mortgage lenders. Ensuring these 3rd parties are well managed is a continuous challenge in today's mortgage business. Our expert panel will answer your questions on the issues we all face with vendor management, and discuss how lenders and servicers are putting processes in place to ensure success in the long run.
|4:00- 5:15 PM
5C- The Importance of the Appraisal Review Function in Community Banking Institutions
Bill Garber, Director of Government and Industry Relations, Appraisal Institute
Robert Parson, Appraisal Policy Specialist, Credit & Market Risk, Office of the Comptroller of the Currency (OCC)
Ken Wilson, MAI, SRA, President, Appraisal Institute
Community banks are facing increasing examiner scrutiny regarding appraisal review functions. This presentation will help improve risk management.
- Learn how to structure a review function and effectively work with appraisers to enhance risk management
- Identify qualities to look for in an appraiser to help ensure competency during the appraisal review process
- Understand how evolving regulations are impacting the appraisal review function within community banks.
5R- TILA/RESPA: Will Your Bank Be Ready for the New and Merged Mortgage Disclosure World?
Rod Alba, Vice President and Regulatory Counsel, Mortgage Markets, Financial Management & Public Policy, American Bankers Association
David Kelly, CRCM, AMLP, Chief Risk Officer, FirstBank
Phillip L. Schulman, Partner, K&L Gates
The integration of the RESPA and TILA disclosures into one massive regulation will be a top priority issue for banks in 2014 and 2015. The compliance date may be many months away, but the new disclosure rules will force considerable changes on your systems and origination practices. It is imperative that banks have an early and clear understanding of the size and scope of these changes now. This session provides a high level look at the new rules, how they differ from pervious requirements, and the concerns these changes pose for your business.
|5:15- 6:15 PM
||Reception in the Marketplace|