CampusMBA, the education division of the Mortgage Bankers Association (MBA), has announced that it is partnering with the Consumer Financial Protection Bureau (CFPB) to offer a monthly Webinar series addressing a variety of issues including the CFPB's current activities and significant initiatives impacting the mortgage industry.
"The CFPB is actively engaged in a number of prominent rulemakings, particularly in the loan origination and loan servicing space," said Jeffrey Schummer, MBA's vice president of education. "MBA is keenly aware of the value of offering industry education, especially in this challenging economic environment. This partnership illustrates our continued commitment to these efforts by covering issues relating to the CFPB, issues so vital to our members. We are very excited to work with the CFPB to provide such relevant information to the industry."
During each Webinar, representatives from the CFPB and MBA members will provide information and insight and participants will have an opportunity to ask questions. The Webinars are designed as part of the CFPB's ongoing effort to ensure transparency and to provide timely information to industry and community stakeholders.
The first workshop, which was held May 16, focused on the CFPB organizational structure, key personnel, and laws under authority, major initiatives to date including the consumer complaint system and the CFPB's regulatory agenda, including what can be expected in the coming months. Future workshops may cover such topics as the CFPB Examination and Supervision requirements or other significant initiatives and relevant topics.