Staff from the FDIC’s Division of Depositor and Consumer Protection will host several banker teleconferences during 2013 to maintain open lines of communication and to update bankers on important banking regulatory and emerging issues in the compliance and consumer protection area. The first three calls in this series, scheduled for May 2, May 15, and June 6, will focus on significant mortgage-related final rules issued by the Consumer Financial Protection Bureau (CFPB).
The first banker teleconference will focus on the CFPB’s final rules on the ability to repay, qualified mortgage standards, escrow requirements, and the loan originator compensation requirements involving the prohibition on mandatory arbitration clauses and single premium credit insurance. The call is Thursday, May 2, 2013, from 1:00 p.m. to 2:30 p.m.
The second teleconference will focus on the CFPB’s final rules on mortgage servicing. The call will be held on Wednesday, May 15, 2013, from 1:00 p.m. to 2:30 p.m.
The third teleconference will focus on the CFPB’s final rules on loan originator compensation and changes to the Home Ownership and Equity Protection Act (HOEPA). The call will be held on Thursday, June 6, 2013, from 1:00 p.m. to 2:30 p.m.
The sessions are free, but registration is required. Instructions for registering for the calls are available at https://fdicsurvey.inquisiteasp.com/fdic/cgi-bin/qwebcorporate.dll?idx=GHE6MD.
The FDIC encourages institutions to submit questions on teleconference topics in advance of the calls to BankerTeleconference@fdic.gov.