Frank Hirsch was a featured speaker during the session "The Fallout from the Fallout for Mortgage Servicing: Litigation and Enforcement Concerns, Defending Against Innovative Borrower Claims Including Under TILA Reg Z Amendments and New RESPA Servicing Rules, and the Latest on Servicer Liability for Credit Reporting Under FCRA and Debt Collection under FDCPA " at this conference hosted by the American Conference Institute (ACI). The following topics were covered during the presentation:
- 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 and servicer liability under the FDCPA
- Assessing when a mortgage servicer may be considered a debt collector
- 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 for lack of disclosure: viability of good faith defense; sufficient evidence to show adequate disclosure; conducting due diligence of servicing compliance
January 15-16, 2015
Omni Los Angeles Hotel at California Plaza / Los Angeles, CA