The Evolving Landscape for Mortgage Servicing:Litigation and Enforcement Concerns, ServicerLiability Under the FDCPA and the FCRA,Determining and Implementing Best Practices,Defending Against New and Innovative BorrowerClaims, and More
Speakers
Sanjay Ibrahim
Partner
Parker Ibrahim & Berg LLC
Robert Mowrey
Locke Lord LLP
Elizabeth Sperling
Alston & Bird LLP
- Fallout from the servicing rules
- Enforcement issues
- Compliance hurdles and how best to overcome them
- Types of private claims arising from the rules
- Practical experiences with such litigation
- Impact of Basel III on loan servicing
- Defending against claims relating to loan servicing
- Debt collection practices claims
- Credit reporting claims and the FCRA
- Escrow issues
- RESPA issues
- Fair lending issues
- Class action issues arising from loan servicing
- What can originators learn from recent litigation involving servicers?
- Servicer liability under the FDCPA
- Assessing when a mortgage servicer may be considered a debt collector
- Servicer liability for lack of disclosure
- Viability of good faith defense
- Sufficient evidence to show adequate disclosure
- Conducting due diligence of servicing compliance
- Loss mitigation programs