David N. Anthony, Practice Group Leader, Troutman Sanders LLP to Speak at KC’s CFPB Examinations of Mortgage Servicing Transfers: Understanding the Proposed Guidance

New York, NY, April 27, 2013 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that David N. Anthony, Practice Group Leader, Troutman Sanders LLP will speak at the Knowledge Congress’ webcast entitled: “CFPB Examinations of Mortgage Servicing Transfers: Understanding the Proposed Guidance.” This event is scheduled for August 23, 2013 from 12:00pm – 2:00pm (ET).

For further details, please visit: http://www.knowledgecongress.org/event_2013_CFPB_Examinations.html

About David Anthony

David is the co-leader of the firm's Financial Services Litigation Practice Group and the firm's Consumer Financial Protection Bureau Team. He is an experienced trial attorney who concentrates on financial services and business litigation. David regularly represents banks, financial institutions, consumer credit reporting agencies and furnishers, background screening companies, debt collectors, mortgage lenders and servicers and other consumer finance entities in individual and class action lawsuits. David has substantial experience and expertise in federal court litigation and the CFPB. Follow the ongoing analysis and commentary on developments and activities of the Consumer Financial Protection Bureau from David and the other members of the firm’s CFPB Team on the firm’s CFPB Report blog at http://www.cfpbreport.com/.

About Troutman Sanders LLP

Troutman Sanders LLP is an international law firm with more than 600 lawyers and offices located throughout North America and in Asia. Founded in 1897, the firm’s lawyers provide counsel and advice in practically every aspect of civil and commercial law related to the firm’s core practice areas: Business Law, Energy and Industry Regulation, Finance, Litigation and Real Estate. Firm clients range from multinational corporations to individual entrepreneurs, federal and state agencies to foreign governments, and non-profit organizations to businesses representing virtually every sector and industry. See troutmansanders.com for more information.

Event Synopsis:

The issuance of CFPB (Consumer Financial Protection Bureau) Bulletin 2013-01 earlier this year marks stepped up efforts to counter mortgage servicing transfer problems and address consumer protection concerns. Under the proposed guidance, CFBP will conduct examinations and continuous monitoring of servicing transfer to determine whether or not the mortgage-related transactions entered into by servicers (banks and nonbanks) are in compliant with consumer finance laws. The new regs will also require servicers to submit documentation on how to address risk management and they will require enhanced procedures in order to comply with the transfer-related aspects recently-issued servicing rules which are set to take effect in January 2014.

In light of this unprecedented change, finance executives, compliance officers and attorneys who practice in the mortgage industry and related segments must have a complete understanding of the proposed guidance. A panel of thought leaders and experienced practitioners organized by The Knowledge Group will offer a substantive discussion from a 360-degree perspective regarding this significant and game changing law. The speakers will present their opinions in a two-hour Live Webcast which will be concluded by a Live Q&A session.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org