Sheryl Vacca, University of California’s Senior VP and Chief Compliance and Audit Officer, will lead a session at UTA’s 41st Conference on how to conduct a compliance risk assessment. Ms. Vacca will address the myriad of risks in the banking industry regulatory arena so that the priority risks will...
Phillip M. Adleson, Esq. (Adleson, Hess & Kelly), Elizabeth Knight (PLM Lender Services), and Martin T. McGuinn, Esq., (Kirby & McGuinn) will lead a session entitled, ‘Keeping PACE’ that will focus on PACE (Property Assessed Clean Energy) or HERO (Home Energy Renovation Opportunity) loans that are ramping up and will...
Fannie Mae has updated its Servicing Guide to clarify Fannie’s policy and requirements around foreclosure related title costs. (Servicing Guide Announcement SVC-2016-05) Effective September 1, 2016, Fannie Mae will not reimburse the servicer for title costs that exceed the maximum title allowable cost, for the life of default, unless...
Members: Please note that November 8th – the final day of the 2016 Annual Conference – is Election Day, so please register for absentee voting ahead of time. Non-Member Conference Registration fees will be increased in 2016. The Association’s 41st conference will be held at the La Quinta Resort &...
The United Trustees Association welcomes the following new members: Amy Connolly, Aztec Foreclosure Corporation, Phoenix, AZ Alan Burton, Trustee Corps, Irvine, CA Cathy McIndoo, Novare National Settlement Service Patricia Roberts, Orange County Register, Santa Ana, CA
By Michael Belote, Esq., California Advocates, UTA California Lobbyist There are at least a couple of inescapable truths about sponsoring bills in the California Legislature. The first is that the bill you cause to be introduced is likely to be changed as it moves through the process. People who expect...
By T. Robert Finlay, Esq., Wright, Finlay & Zak, LLPDespite the Consumer Finance Protection Bureau’s (CFPB) promise to issue guidelines this summer, directing loan servicers on how to work with successors to a deceased borrower, the California Legislature moves forward with its effort to duplicate and undoubtedly confuse servicer’s efforts...
UTA will hold a dinner event on Thursday, July 14th in the Dallas market. R. Scott Luttrull, Associate General Counsel, Fannie Mae, and Teresa W. Marianos, Managing Director and Deputy General Counsel, Fannie Mae, will be the speakers. Luttrull will discuss deceased debtors, HECM’s and other Texas issues. Marianos will discuss...
By Holly Chisa, HPC Advocacy, UTA Washington State Lobbyist Washington state did little with the Foreclosure Fairness Act (FFA) this session, or with the Deed of Trust Act as a whole. The only significant change was the funding source for the FFA. Under previous statutes, certain beneficiaries were required to...
UTA will file a brief as part of a coalition effort in the case of Linza v PHH. The brief will be prepared by Jonathan D. Fink, Esq., Wright, Finlay & Zak. The claims the borrower is making against the lender include: – A servicer’s and trustee’s prolonged threat of...