Are You Prepared for Your Next Compliance Examination?
Dodd-Frank and the regulations issued thereunder impact financial institutions in myriad ways. In January 2013, the Consumer Financial Protection Bureau (CFPB) released a barrage of long-awaited final rules under Title XIV of Dodd-Frank on mortgage loan related topics. The rules will at least give some guidelines on lending practices going forward. The good news is that lenders can obtain a better view of the compliance landscape and align themselves accordingly.
Dinsmore's Michael G. Dailey presented a deeper understanding of the new CFPB regulations. His insights helped you to prepare for your next compliance examination.
In this complimentary, 60-minute webinar, Mike covered:
- Recent changes in residential mortgage regulations
- Ability to repay
- What is a Qualified Mortgage?
- Loan officer compensation
- The latest developments in fair lending examination
Michael G. Dailey | Partner
A former national bank examiner with the Office of the Comptroller of the Currency, Mike Dailey counsels clients within the public, private, and non-profit sectors in a variety of industries including banking, healthcare, manufacturing, consumer products, and various service industries. His corporate practice focuses primarily in mergers and acquisitions, corporate finance, raising capital (debt and equity) — and especially bank regulatory compliance. He advises boards of directors and senior management teams on all aspects of the acquisition/sale process including diligence and disclosure, working with investment bankers, transaction structure, negotiating deal points and documents, transaction financing and post acquisition planning.
Mike was recognized in the 2010 The Legal 500 as a "Leading Lawyer" in Mergers, Acquisitions and Buyouts: Middle Market (sub-$500M). He is also listed in The Best Lawyers in America® for 2013.