Attorneys, business executives, consultants, financial industry professionals, and anyone involved in privacy and consumer protection law.
With the recent appointment of Richard Cordray as its Director, the Consumer Financial Protection Bureau (CFPB) has accelerated implementation of its statutory mission, issuing a multitude of notices and releases and holding a of number Town Halls on a variety of topics. What is clear is that the CFPB under Cordray will take seriously its mission to protect the rights of consumers of financial products consistent with the philosophy espoused by Elizabeth Warren--a mission that has stirred up considerable controversy in the financial services industry.
In this one-hour TeleBriefing, our distinguished panel will consider the implications of Richard Cordray's appointment as Director of the CFPB and the practical business ramifications of the CFPB's policies going forward. In particular, panelists will consider the impact on banks and and how banks will conduct business, increase their compliance efforts and change their business practices in light of heightened regulatory activity at the CFPB. The panelists will also address the impact on non-bank providers of financial services, especially mortgage servicers; the likely effect of the CFPB's February 2012 proposed "larger participant" rule; and the nature and extent of the CFPB's cooperation with State Attorneys Generals as an enforcement arm and what this means for information disclosure.
Join us for a timely and informative hour for anyone in the mortgage serving, check-cashing, and traditional banking sectors.
Introduction & Overview; Private Practitioner's Perspective
Robert E. Bostrom, Esq., Moderator, Partner
SNR Denton / New York, NY
Financial Industry Perspective
Andy Navarrete, Esq., Senior Vice President and Chief Counsel
Capital One / McLean, VA
Real Estate Investment Consultant's Perspective
Joel Ross, Principal
Citadel Realty Advisors / New York, NY
$125 to dial in
$175 to dial in and receive continuing education credit
$50 for each additional person on the line who wishes to receive credit
Financial aid is available to those who qualify. Contact our office for more information.
You may substitute another person at any time. If you are unable to join the call, you can download the audio and materials later or we'll send you an audio CD and written materials for an additional $10.
We will apply for CLE credits in the following states: AK, AL, AZ, AR, BC, CA, GA, IL, IN, KS, LA, ME, MN, MO, MS, NC, ND, NE, NM, NV, NY (experienced attorneys only), OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV, and WY.
You can self-apply for credits in: CO, FL, HI, ID, MT, NJ, and OK.
CLE credits currently are not available in: DE or OH.
If you need other types of credits, please call us at (206) 567-4490.
The dial-in number and a link to the materials will be emailed to you the day before the TeleBriefing. All orders are processed within one business day of receipt.
You may download the entire audio and materials for $125 or obtain an audio CD and printed materials for an additional $10. Both options include the written materials. Downloads are available within 48 hours after the TeleBriefing or from the date we receive payment. We will ship a CD order via UPS ground within two weeks after the TeleBriefing or from the date we receive payment.
Robert E. Bostrom, Moderator, is partner at SNR Denton, where he leads their global Financial Institutions and Funds sector team and is part of the firm's Financial Regulatory Reform Special Situations team, which helps clients navigate the sweeping changes required by the Dodd-Frank Act. He has extensive experience advising boards of directors in Dodd-Frank Act implementation, residential mortgage finance, securitization and servicing, and government sponsored enterprise (GSE) strategy. Mr. Bostrom was named executive vice president, general counsel and corporate secretary of Freddie Mac in February 2006 and served in that capacity until July 2011. In his role as principal legal counsel to Freddie Mac, he had oversight and management responsibility for all legal and regulatory strategies, services, and resources and corporate governance matters. While at Freddie Mac, Bob directed Freddie Mac's legal strategy through the financial crisis and recovery and the implementation of the Dodd-Frank Act. He has been recognized as one of the premier banking lawyers in the US, especially in the areas of risk management and compliance, regulatory affairs, litigation, and internal and government investigations.
Andy Navarrete is Senior Vice President and Chief Counsel for Global Card, Bank Regulatory and Corporate Governance at Capital One. His responsibilities include managing legal support for the Company's principal line of business. Mr. Navarrete also manages the Legal Department's team of corporate and consumer bank regulatory experts. This team provides comprehensive bank regulatory support for Capital One on an enterprise-wide basis. Mr. Navarrete also oversees the team responsible for corporate governance matters, including supporting the functions of its Board of Directors. Prior to joining Capital One, Mr. Navarrete was an attorney with the law firm of Morgan Lewis in Washington, DC. His practice focused on domestic and international financial services regulation, with specific responsibility for assisting banks in their efforts to enter into the insurance and securities markets.
Joel Ross is Principal at Citadel Realty Advisors. Citadel focuses on all types of real estate investment banking and advisory services. This includes raising equity, mezzanine capital and debt for individual properties as well as entities, and advising individuals on the formation of new entities for which he then raised the equity funding. In addition to the US, Citadel has arranged the financing for numerous office and industrial transactions in the UK and Paris. He has closed over $3.0 billion of financings for office, hotel, retail, land and multifamily projects. Advisory engagements include assisting clients to restructure or buy loans, or to find REO assets to acquire. Mr. Ross has served as an expert witness in eight court cases testifying on debt structures, interest rates, markets and development. He was an adjunct professor in the graduate program at the NYU Hotel School.