Skip to main content

NAMB to Host Webinar on the Harm of the CFPB's Proposed Rules

Jun 01, 2012

IMPORTANT UPDATE: Due to late breaking changes with the CFPB, a conference call has been scheduled tomorrow at 4:00 p.m. for all original members of the CFPB's panel. The originally scheduled Webinar, "Will the CFPB's Proposed Rules Destroy the Mortgage Industry?" scheduled for Wednesday, June 6 at 2:00 p.m. EDT has been moved to Thursday, June 7 at 2:00 p.m. EDT to give us an opportunity to report to you on the latest updates from that conference call. NAMB—The Association of Mortgage Professionals will host a Webinar on Thursday, June 7 from 2:00 p.m.-3:00 p.m. titled, "Will the CFPB's Proposed Rules Destroy the Mortgage Industry?" Moderated by NAMB Presdient Don Frommeyer, with participation from NAMB Chief Information Officer Don DeRespinis, NAMB Government Affairs Committee Chair John Hudson and Michael Anderson, president of Essential Mortgage, the Webinar will cover a number of topics related to the Consumer Financial Protection Bureau's (CFPB) proposed rules, including: ►How are the Affiliated Business Operations going to be impacted, especially those connected by real estate brokerage firms? ►The CFPB's flat fee options and what exactly will this "flat fee" mean to your operations? ►What challenges lie ahead for the mortgage industry in D.C. and find out how NAMB will be taking these issues head-on. ►NAMB's participation in the CFPB's recent mortgage industry roundtable discussion. ►How the industry is on the rise through the education and testing of non-licensed originators. Space is limited for the event, so register today by clicking here to participate in NAMB's Webinar: Will the CFPB's Proposed Rules Destroy the Mortgage Industry?
About the author
Published
Jun 01, 2012
In Wake Of NAR Settlement, Dual Licensing Carries RESPA, Steering Risks

With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.

A California CRA Law Undercuts Itself

Who pays when compliance costs increase? Borrowers.

CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

Fannie Mae Weeds Out "Prohibited or Subjective" Appraisal Language

The overall occurrence rate for these violations has gone down, Fannie Mae reports.

Arizona Bans NTRAPS, Following Other States

ALTA on a war path to ban the "predatory practice of filing unfair real estate fee agreements in property records."

Kentucky Legislature Passes Bill Banning NTRAPS

The new law prohibits the recording of NTRAPS in property records, creates penalties if NTRAPS are recorded, and provides for the removal of NTRAPS currently in place.