Representatives from State Banking Regulators
and Leading Compliance Experts to Discuss New Electronic Examination
(e-Exam) Initiatives in Upcoming Webinar
- Attendees will learn from regulators, legal and compliance experts what the mortgage industry will need to do to prepare for single- and multi-state e-Exams in 2011 -
Burlingame, CA - February 8, 2011
- ComplianceEase®, the nation's leading provider of mortgage compliance and risk management solutions announced that it will host
the latest installment in its ongoing TOTAL Compliance webinar series, "Preparing for a New Era of state Regulatory Exams in 2011". Distinguished speakers,
including representatives from state banking agencies, the Conference of State Bank Supervisors (CSBS), legal and compliance experts, will review new
state e-Exam requirements that many mortgage licensees will be required to comply with in 2011.
Date: February 16th, Wednesday Time: 11:00AM Pacific Time Duration: 90 Minutes Cost: Free Registration:http://www.ComplianceEase.com
This interactive webinar will include presentations and a Q&A session with panelists. Featured panelists will include Charles Fields, Director,
Mortgage Division, and Jeff Browning, CEM, Financial Program Manager, both with the North Carolina Office of the Commissioner of Banks; Deborah Bortner,
Director of Consumer Services at the Washington Department of Financial Institutions; John Prendergast, Vice President, Non-Depository Supervision at CSBS;
and Donald Lampe, Partner at Womble Carlyle Sandridge & Rice PLLC. The event will be moderated by Jason Roth, CMT, Senior Vice President of ComplianceEase.
Beginning in 2011 various state regulatory agencies will begin enforcing rules that that require lenders to submit loan information electronically for
regulatory examinations. These new e-Exams will affect traditional single-state examinations, where regulators from a single state examine a state licensee's
lending operations, to the new, broader multi-state exams, which combine several states' examinations under a single unified process. Because e-Exams require
state mortgage licensees to implement new technology, lenders across the country have started to prepare their internal systems and software for the new era of examinations.
The timely webinar will cover e-Exam topics of importance to the mortgage industry in 2011, including:
When and how e-Exams will start and how they may affect lenders
How the mortgage industry can get technology systems ready for the transition to e-Exams
Differences between single- and multi-state e-Exams
Answers to questions about the new examinations, direct from regulators
Potential legal implications of the new requirements
"We continue to work very closely with state regulators across the country, as the technology provider for the new e-Exams.
In addition to providing technology, part of how we help make the process easier for the mortgage industry is through education,
" said Jason Roth, CMT, senior vice president of ComplianceEase. "Our goal for this webinar is to start answering the industry's questions
about the new e-Exams and help everyone prepare for this new era of regulatory enforcement. We anticipate this to be a sold-out event as we
can only accommodate 1000 dial-in connections. Seats for our last free webinar ran out several days before the event so we encourage
everyone to sign up as soon as they can."
About ComplianceEase®
ComplianceEase, a division of LogicEase Solutions Inc., headquartered in the San Francisco Bay Area, is a premier provider of intelligent business solutions to
the financial services industry. ComplianceEase's patented platform includes ComplianceAnalyzer - the mortgage industry's leading automated compliance solution.
ComplianceEase combines industry and regulatory compliance expertise with innovative technology to power beginning-to-end solutions in a fraction of the
time and for a fraction of the cost of traditional approaches, while providing high levels of accuracy and integrity. ComplianceEase's significant and
growing client base includes four of the top five mortgage lenders in the nation, financial institutions, service providers, law firms, and regulators.
For more information about ComplianceEase,
www.ComplianceEase.com.
