The MMLA is pleased to offer Working Group Conference Calls on a subscription basis to its members only. The group discusses current issues regarding compliance and risk assessment. It is a great opportunity to exchange ideas and best practices in an open dialogue format with other members. The call is moderated by Denise Kowalski, Vice President Audit/Compliance at MSource Traning & Consulting.

The group includes members from lenders, community banks, credit unions and large companies who all share ideas, interpretations, experience, information learned at conferences and day to day challenges. The interaction is invaluable as it can save time and money. More than a few times we have had members identify an area of compliance or underwriting they missed or misinterpreted.

The group meets by conference call on a monthly basis and the calls last 1 hour. Feedback from participants has been positive and the information shared on the calls has been very beneficial! You can participate for FREE if you are a current MMLA member.

The call focuses on two major areas:

Compliance: The compliance participants are a collaboration of compliance officers and operations managers coming together to discuss new rules and regulations, implementation challenges and the nuts and bolts of compliance only this group loves to talk about. Discussions are in a round table format giving everyone the opportunity to ask questions and provide feedback. We cover everything from the big rules, like TILA and RESPA, to the little nuances of NMLS ID numbers. It is a great way to communicate with other companies that are experiencing the same issues that you are. The compliance working group is priceless with the amount of real life situations discussed and ways to resolve them. Needless to say the hot topic for 2015 is the Integrated Disclosure rule implementation.

Underwriting Risk Managers: The underwriting risk management group focus is Fannie Mae, Freddie Mac, FHA, VA and RD lending criteria as well as company credit overlays. Underwriters and underwriting managers come together from all different companies to discuss problems or road blocks they are experiencing. Discussions are in a round table format giving everyone the opportunity to ask questions and provide feedback. We cover everything from application through loan delivery, ATR, appraisals, title and insuring. No scenario is too crazy for this group!

You must be a MMLA Member to participate in the Working Groups. If you are already a MMLA member, Email Joanne Misuraca to join today.  Participation in this group is FREE to current individuals paying the annual dues fee or named as an individual member under your company Corporate Partnership Plan.

Not currently a MMLA member - cost is just $199 per year Learn about Membership here.   Click here to join today!

Questions? Contact Us