Issues being addressed at upcoming mortgage events include loan officer compensation, the future of mortgage servicing and selling loans to the Federal National Mortgage Association. The premier mortgage banking event of the year is just around the corner.
The Hilton Austin Hotel in Austin, Texas, is the location of the Texas Association of Mortgage Professionals' Annual Convention & Marketplace from Sept. 9 to Sept. 11. On-site non-member registration is $399, while the cost drops to $249 for TAMP members who register by Aug. 31.
The Office of the Comptroller of the Currency said it is hosting a community bank directors workshop at the InterContinental Houston Hotel from Sept. 13 to Sept. 15. The $100 event is targeted at directors of national community banks with assets of less than $1 billion. Up to 35 registrants will review the fundamental requirements of their positions.
At the Mortgage Bankers Association's 2010 Human Resources Roundtable: A New World for Loan Officer Compensation, attendees will explore how the Federal Reserve's recently finalized Regulation Z Amendments and the Dodd-Frank Act significantly impair the ability to compensate loan officers and brokers based on loan terms. The event is being held at the Embassy Suites Outdoor World in the Dallas area on Sept. 16 and 17 and costs $575 for MBA members and $675 for nonmembers.
"How will you be able to incentivize and retain your best talent in this new regulatory environment?" MBA asked. "And the Department of Labor's recent ruling on loan officer overtime could further discourage your top producers, while potentially rewarding the others."
The 2010 Servicing Symposium will be held on Sept. 20 at the Five Star Conference in Dallas. The entire Five Star event runs from Sept. 19 to Sept. 22 at the Sheraton Dallas. The symposium promises to "attract top thought leaders from the industry to share their visions for the future of servicing and insight on best practices and strategic planning."
From Sept. 21 to Sept. 23, the OCC will host workshops for directors of nationally chartered community banks at the Westin Crown Center in Kansas City. Three $65 workshops will address risk assessment, compliance risk and credit risk. Up to 35 registrants are being accepted for each workshop.
The annual American Bankers Insurance Association conference will happen from Sept. 22 to Sept. 24 at the JW Marriott Desert Ridge in Phoenix. Fred Barnes, cofounder and executive editor of The Weekly Standard, will be the keynote speaker on the opening day. Registration for ABIA members is $1,095, while the nonmember cost is $1,695.
MISMO's Trimester Meeting, to be held from Sept. 27 to Sept. 30, 2010 at the Hyatt Fair Lakes in Fairfax, Va. Among topics to be covered at the $395 event ($195 for MISMO subscribers) are Version 3.1 Reference Model and the business value of eMortgages.
Fannie Mae has hosted its 2010 Housing Finance Institute in four cities since March. The event will be held in Dallas from Oct. 5 to Oct. 8 and in Chicago from Nov. 9 to Nov. 12. Among five courses being held are pricing and selling whole loans to Fannie; principles of sound underwriting; and preventing and managing loans in default and foreclosure.
In October, on the 11th, the American Bankruptcy Institute is holding its Third Annual Chicago Consumer Bankruptcy Conference at the Gleacher Center at The University of Chicago Booth School of Business. Among the sessions is Chapter 13: Fees, Lienstripping and Other Current Developments Regarding Consumer Mortgages.
MBA hosts its annual conference in Atlanta from Oct. 24 to Oct. 27, and William Mills Agency has created a pre-convention newsletter with information about traveling, Atlanta and local entertainment. The public relations firm calls Atlanta "our backyard."
MBA's annual shin dig is one of the biggest events in real estate finance. The Washington, D.C., trade group previously highlighted scheduled sessions including "changes to industry regulation and legislation; issues and solutions for foreclosure mediation; growing your market share; and how to make your business more efficient with technology." Freddie Mac Chief Executive Officer Charles E. Haldeman Jr. is among the featured speakers as are Fannie Mae President and Chief Executive Officer Michael J. Williams and Ginnie Mae President Theodore W. Tozer.
Joining participants at the Conference on the Future of Housing Finance at the U.S. Department of Treasury on Aug. 17 was the Association of Mortgage Professionals -- otherwise known as NAMB -- a news release indicated. The mortgage broker trade group conveyed that the more than 300 mortgage professionals it recently polled were fairly evenly divided over whether any changes should be made to Fannie and Freddie -- and 93 percent said there should be no government takeover of the companies. Another 83 percent don't want to see Fannie and Freddie consolidated with the Federal Housing Administration or USDA. More than half believe the government sponsored enterprises should be able to transact directly with mortgage brokers.
More than 500 attendees showed up for Lenders One Mortgage Cooperative's annual summer conference in Ranchos Palos Verdes, Calif., from Aug. 2 to Aug. 4, an announcement Thursday said. It was a record turnout for the St. Louis-based company's 10-year anniversary event.
Fannie Chief Economist Douglas Duncan was among the speakers at the Lenders One event. In addition to 300 Lenders One members, around 100 preferred vendors and investors attended.
More than 100 mortgage bankers and vendor partners were introduced to a product update at Del Mar DataTrac Inc.'s annual client conference in Las Vegas. The event was announced in June.