Residential Mortgages: New Loan ModificationLitigation Risks Arising Out of CFPB’s MortgageServicing Rules…

October 23, 2014 4:00pm


Bryan Greene
General Deputy Assistant Secretary of the Office of Fair Housing and Equal Opportunity
U.S. Department of Housing and Urban Development

Sunny S. Huo

Severson & Werson

Peter Obstler
Arnold & Porter LLP

  • Updates on recent actions and case law
  • Litigation challenges relating to mortgage origination
  • New developments relating to loss mitigation
  • Loan modifications and foreclosure
  • Defending against counterclaims arising from loan modifications and HAMP
  • Assessing the CFPB’s new mortgage servicing rules and the industry’s response
  • Litigation arising from the new servicing rules
  • Trends in mortgage servicing and related litigation
  • Factoring in RESPA mortgage servicing rules
  • Defending against claims arising from loan servicing
  • Managing and defending against claims arising from lender-placed insurance and option ARMs
  • Assessing the National Mortgage Settlement and its impact on the residential mortgage industry
  • National qualification and screening standards for all loan originators
  • Protecting Tenants at Foreclosure Act (PTFA): Will this act result in a private right of action for borrowers, allowing them to bring claims?
  • Best practices and lessons learned from prior foreclosure documentation errors
  • Auditing completed foreclosures and conducting foreclosure look-backs
  • Attorney fees and related foreclosure filings
  • New and emerging claims relating to standing in contested foreclosure cases
  • Handling borrower counterclaims in contested foreclosures
  • Responding to challenges to foreclosures in non-judicial foreclosure states
  • Preventing bankruptcy from becoming a tool used by borrowers to stall foreclosures
  • MERS litigation developments
  • Overcoming commonly raised defenses including TILA, fraud, and rescission claims: TILA 1641(f )(2) cases