Home > Advocacy > State Leg/Reg Resources
Fraud 2011
MBA’s National Fraud Issues Conference
March 27-30, 2011
Hollywood - Ft. Lauderdale FL
Sunday, March 27, 2:00 p.m.–5:00 p.m.
Moderator
Andrew Szalay, AMP
Associate Director of Public Policy
Mortgage Bankers Association
Facilitators
Lisa Binkley
Director, Product Solutions
The Work Number
Vickie Bourassa
Vice President
Colonial National Mortgage, a Division of Colonial Savings, F.A.
Michael Fratantoni
Vice President, Research
Mortgage Bankers Association
Evans D. Prieston
Senior Managing Attorney
American Mortgage Law Group, PC
March 28 2011, 8:30 am - 10:00 am
Efforts to combat mortgage fraud against lenders have proliferated into a number of initiatives including state and Federal legislation criminalizing mortgage fraud and increased synergy between law enforcement and lenders. This session reviews the current status of the industry, law enforcement and government’s efforts in combating mortgage fraud.
Opening Remarks
James H. Freis, Jr.
Director
Financial Crimes Enforcement Network (FinCen)
U.S. Department of the Treasury
Remarks - Freis
FinCen Report
Moderator
Vickie Bourassa
Vice President
Colonial National Mortgage, a Division of Colonial Savings, F.A.
Speakers
Steve A. Linick
Inspector General, Office of Inspector General, Audit
Federal Housing Finance Agency
Paul Pelletier
Principal Deputy Chief, Fraud Section, Criminal Division
U.S. Department of Justice
Presentation- Pelletier
Vicky Thompson, CMI
President
Georgia Real Estate Fraud Prevention and Awareness Coalition (GREFPAC)
March 28 2011, 10:30 am - 12:00 pm
Fraud perpetrated today can cause future financial problems for lenders and investors. Building a robust investigations unit to deal with rescissions, repurchases and put-backs is a critical component in managing problem loans. This expert panel discusses the processes and tools leading lenders and mortgage insurers have developed to deal with these challenges.
Moderator
James Ronan, CFE, CFCI
Vice President, Business Relations
Interthinx
Speakers
Gary W. Carr
Vice President and Manager, Mortgage Investigative Services Group
PNC Bank
John Gray
Senior Vice President
CitiMortgage, Inc.
Constance Wilson, CMB, AMP
Executive Vice President
Interthinx
March 28 2011, 10:30 am - 12:00 pm
Tremendous technological strides have been made in an effort to combat fraudulent activities to help with fraud mitigation and prevention. Join fraud prevention experts as they present case studies and technology best practices that leverage data, risk intelligence networking and pattern recognition to predict and prevent fraud.
Moderator
Tim Mowery
Special Agent in-Charge
Office of Inspector General - Investigations, Florida/Caribbean Region 14
U.S. Department of Housing and Urban Development
Panel Presentation
Speakers
David J. Johnson
Product Line Manager, Fraud and Consortium Solutions
CoreLogic
Steven M. Seoane
Vice President
LexisNexis
Laura Weinflash
Vice President
Early Warning Services
March 28 2011, 1:30 - 2:45 pm
This session highlights the latest mortgage fraud schemes and trends from a comprehensive analysis of loan applications representing 2009, 2010 and early 2011. The panel explores the most up to date fraud levels and schemes in: Short sales, REO sales, FHA loan applications, HARP loan application and Investor related transactions. Attendees also learn about the most common types of lender-reported fraud and the types of fraud that are surprisingly declining and increasing. Review fraud metrics at the national, state, MSA, SCF and neighborhood levels. Fraud managers leave with the knowledge to use this segmented information to pinpoint risk and implement relevant and impactful risk mitigation policies and tools.
Moderator
Edward J. Gerding
Senior Fraud and Risk Consultant
CoreLogic
FHFA OIG letter
FinCEN news release
HUD OIG letter
Mortgage Loan Fraud Update
Speakers
Christa Lynn Greco
Senior Intelligence Analyst
Federal Bureau of Investigation
Tim Mowery
Special Agent in-Charge
Office of Inspector General - Investigations, Florida/Caribbean Region 14
U.S. Department of Housing and Urban Development
Kevin J. Whalen
Senior Special Agent, Office of Law Enforcement
Financial Crimes Enforcement Network (FinCEN)
U.S. Department of Treasury
March 28 2011, 1:30 pm - 2:45 pm
Join a lively discussion group with industry veterans on which personality characteristics make the most effective fraud investigator and learn how to turn others into amateur investigators to promote zero tolerance of fraud in your organization. Delve into hiring and training techniques that indentify strengths and weaknesses for fraud investigation and risk identification personnel. Hear how your ethics policy can be leveraged in the training and hiring practices. Participate in a breakout session with other attendees to review case study findings and develop specific organization and employee action plans.
Moderator
Sandee Rampino
First Vice President
HSBC Mortgage Corporation USA
Speakers
Lisa Binkley
Director, Product Solutions
The Work Number
Debra P. O'Brien
Vice President, Financial Crimes Manager
Wells Fargo Home Mortgage
Presentation - O'Brien
March 28 2011, 3:00 pm - 3:45 pm
This session will connect the dots between pending foreclosures and economic recovery, credit quality, HAMP and the validity of the foreclosure process. What are the inevitable consequences of pending foreclosures and how do those consequences affect the jobless rate, the rebounding of the mortgage market and the resumption of “normal”?
Speaker
Bob Simpson
President
IMARC
Presentation - Simpson
March 29 2011, 8:30 am - 10:00 am
Dave Barry, syndicated humor columnist and best selling author and satirist, has appeared in more than 500 newspapers in the United States and abroad during the last 25 years. Winner of a Pulitzer Prize for Commentary in 1988, Barry has written 30 books, two of which were used as the basis for the CBS TV sitcom Dave’s World. Barry also has made many television appearances on CBS’s Late Show with David Letterman
Featured Speaker
Dave Barry
Pulitzer Prize-Winning Columnist and
Best-Selling Author and Satirist
March 29 2011, 10:30 am - 12:00 pm
Learn how to use multiple technology tools to wage war against fraud and prevent it from happening — saving your company millions in annual losses. Hear what your peer institutions are doing to prevent fraud and / or overvalued properties, what makes them turn down a loan, how to catch fraud in origination and what steps to take to stop losing money to criminal activity.
Moderator
Stephen D. Conlin
Risk Manager
FNC, Inc.
Panel Presentation
Speakers
Jenny Brawley
Associate Director, Mortgage Fraud Investigations
Freddie Mac
Kathy Coon, CRU, SRA
Chief Appraiser, Director of Appraisal Quality Control
FNC, Inc.
Ann Fulmer
Vice President, Business Relations
Interthinx
March 29 2011, 10:30 am - 12:00 pm
The reluctance of the industry to embrace a prefunding loan audit will spur lively debate between the panelists and engage the audience in a discussion of the following topics: return to profitability, return of the MBS market and a return of borrower accountability. This session addresses what no one on the origination side wants to talk about, the time to catch fraud before it occurs at pre-funding.
Moderator
David G. Kittle, CMB
Senior Director Industry Relations
IMARC
Speakers
Mark Hanson
Vice President of Mortgage Funding
Single Family Credit Guarantee Division
Freddie Mac
Brian T. O'Reilly
President
The Collingwood Group, LLC
Julie Piepho, CMB, CML
Executive Vice President
Cornerstone Mortgage Company
March 29 2011, 1:30 pm - 2:45 pm
The Fraud Enforcement and Recovery Act of 2009 brought the full force of the Federal government into play in the fight against mortgage fraud. This panel explores the investigation of cases from various agency perspectives and what it takes to get a case brought to trial.
Moderator
James Ronan, CFE, CFCI
Vice President, Business Relations
Interthinx
Speakers
Ellen L. Cohen
Assistant U.S. Attorney
U. S. Department of Justice
Matt Cybert
Special Agent
U.S. Secret Service
Tim Mowery
Special Agent in-Charge
Office of Inspector General - Investigations, Florida/Caribbean Region 14
U.S. Department of Housing and Urban Development
Nicole Muryn
Program Manager, Regulation and Fraud
BITS
Denise Stemen
Supervisory Special Agent, Miami Division
Federal Bureau of Investigation
March 29 2011, 1:30 pm - 2:45 pm
This session highlights criminal fraud investigations and potential prosecution of lenders, servicers and their counsel for robo-signing of documents and other alleged deficiencies in mortgage documents, bankruptcy and forecloses pleadings. Panelists discuss proactive steps that lenders, servicers and attorneys should take to correct deficiencies in their processes. Gain information on the steps to take if the lender, servicer or attorney is a target of a criminal investigation including document preservation, obtaining defense council and handling the media. Written material includes a 50-state survey on proper document execution practices.
Moderator
Linda S. Finley
Shareholder
Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C.
Panel Presentation
Speakers
Paul F. Hancock, Esq.
Partner
K&L Gates Law Firm
Mortgage Banking and Consumer Credit Alert
Robert E. Hauberg, Jr.
Shareholder
Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C.
Arthur W. Leach, Esq.
Criminal and Civil Litigator
Law Office of Arthur W. Leach
March 29 2011, 3:15 pm - 4:30 pm
Across the country, lenders and servicers are combating the adverse effects resulting from the drastic increase in loan modification fraud as well as foreclosure rescue scams. Needless to say, legislation and litigation is focused on loan modifications and foreclosure rescue groups which include heavy involvement by state Attorney Generals. Despite these efforts, fraud in loss mitigation and loan modifications is at an all time high. In this session learn a more proactive servicer approach including borrower education that would likely benefit all parties.
Moderator
Ken Markison
Regulatory Counsel
Mortgage Bankers Association
Speakers
Yolanda D. McGill
Senior Counsel, Fair Housing and Fair Lending
Lawyers' Committee for Civil Rights Under Law
Presentation - McGill
Neil F. Narut
Assistant Vice President, Managing Attorney
Potestivo & Associates P.C.
Presentation - Narut
March 29 2011, 3:15 pm - 4:30 pm
Lenders understand the risks posed by borrowers and fraud during the loan origination process, but external events that occur after the closing can affect loan and portfolio performance. This panel will discuss how scenario-based forecasting models can predict the impact of outside influences on performance and illuminate a path to mitigate those risks.
Moderator
Ann Fulmer
Vice President, Business Relations
Interthinx
Speakers
Peter C. Pollini
Principal
PricewaterhouseCoopers
Alex Santos
President
Digital Risk, LLC
Mike Smith
Chief Technology Officer
Interthinx
March 30 2011, 9:00 am - 10:15 am
In recognition of ongoing changes, this session includes updates on regional and national fraud prevention efforts, identity thefts impact of foreclosure rescue and modification scams that affect consumers including, laws and pending regulations related to reducing fraud.
Moderator
Sasha Evans
Federal Practice
Deloitte & Touche LLP
Speakers
Kimberly Ellison
Senior Industry Relations Manager
Fannie Mae
Presentation - Ellison
Robb Hagberg
Associate Director, Mortgage Fraud Investigations
Freddie Mac
Presentation - Hagberg
Joel R. Ibanez
Housing Program Policy Specialist
U.S. Department of Housing & Urban Development
Presentation - Ibanez
March 30 2011, 9:00 am - 10:15 am
Facilitators
Lisa Binkley
Director, Product Solutions
The Work Number
Debra P. O'Brien
Vice President, Financial Crimes Manager
Wells Fargo Home Mortgage
Sandee Rampino
First Vice President
HSBC Mortgage Corporation USA
March 30 2011, 9:00 am - 10:15 am
Speakers
Panel Presentation
Geoffrey A. Oliver, CMB
Chief Executive Officer, Managing Partner
Hilltop Advisors, LLC
William W. Rudolph
Managing Director
KPMG LLP
March 30 2011, 9:00 am - 10:15 am
Moderator
Phil McCall
Chief Operating Officer
IMARC
Panel Presentation
Speakers
David L. Fleck, Esq.
Of Counsel
Rudow Law Group, LLC
John Gray
Senior Vice President
CitiMortgage, Inc.
|
