UDAAP and Discriminatory Practices/Disparate Impact in the Mortgage Servicing Context: Dodd-Frank, CFPB Interpretations of Unfair, Deceptive and Abusive Practices, UDAAP and Fair Lending Enforcement, and Beyond

November 21, 2014 10:15am

Sanjay Ibrahim
Partner
Parker Ibrahim & Berg LLC

Michael Schulte
Associate General Counsel of Capital Markets and Consumer Finance
Springleaf Holding Inc.

Therese G. Franzén

Franzén and Salzano, P.C.

• Avoiding recent targeting by advocacy groups by ensuring equal treatment and handling of loss mitigation, loan modification and foreclosure processes, proceedings and determinations when servicing loans of borrowers across varying economic and geographic sectors
• Preparing for more UDAAP enforcement actions
• Checking your current policies and practices and making necessary changes to avoid UDAAP violations
• Lessons learned from recent fair lending and UDAAP enforcement and consent orders
• Latest developments in Supreme Court disparate impact cases – what are the implications??