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Industry and Regulatory Outlook 2023 webinar

Complimentary Webinar

Thursday, December 1st @ 2 p.m. ET

Each year, October Research features top leaders on our annual Industry and Regulatory Outlook webinars. Joining us this year is Goodwin Partner Tony Alexis, formerly of the CFPB and Alliant National Title Insurance Co.’s Executive Vice President and National Agency Manager Rodney Anderson to discuss the latest trends and regulatory hurdles faced by professionals in title insurance and mortgage lending.

Learn what you will be facing in 2023, such as:

  • Attorney Opinion Letters
  • File and Use trends
  • Good Funds and where they’re headed
  • Cybersecurity and payoff fraud
  • The industry effect of the Appellate court ruling on the constitutionality of the CFPB
  • Consumer data access and restrictions
  • Oversight of digital marketing efforts
  • CFPB’s efforts to eliminate “junk fees”
  • And much more!

Stay ahead of the game.

 

 
Featured Instructors Moderator

Tony Alexis
Partner
Goodwin

Tony Alexis is a partner in Goodwin’s Complex Business Litigation and Dispute Resolution and Financial Industry practices focusing on Consumer Financial Services Litigation and serves as the head of the firm’s Consumer Financial Services Enforcement practice. His practice focuses on representing financial services institutions in class action litigation and government and regulatory investigations. He previously served as Assistant Director and Head of the Office of Enforcement at the CFPB, where he developed and managed its enforcement strategy, investigations and litigation at the trial and appellate levels. He coordinated investigations and litigation in areas such as fair lending, payday loans, mortgages, credit cards, credit reporting, debt collection, student and automobile lending, and payments systems with leaders of the enforcement and regulatory arms of multiple federal agencies and enforcement bodies, as well as, state regulators and enforcement bodies. Prior to joining the CFPB, Mr. Alexis was a partner in complex litigation and white collar crime at an International law firm. Mr. Alexis also served for nearly two decades at the Department of Justice, including more than ten years as an Assistant United States Attorney in the District of Columbia, where he served as the Deputy Chief of the Federal Major Crimes Section.

Rodney Anderson
Executive Vice President - National Agency Manager
Alliant National Title Insurance Company

Rodney Anderson is the Executive Vice President (EVP) and National Agency Manager of Alliant National Title Insurance Company. A seasoned real estate and title insurance industry executive, Rodney brings over 30 years of experience in agency operations to Alliant’s senior executive team.

Before being appointed EVP of Alliant, Rodney was the Southwest Regional Manager for the organization and led the development, marketing and management of Alliant’s operations in the region. He is the former co-owner of an independent title agency and was an agency operations manager for a national independent agency. Additionally, Rodney served three terms as a state representative in the Texas Legislature.

Rodney earned a Bachelor of Business Administration degree with a focus in real estate from the University of Texas at Arlington. His diverse skillsets include real estate economics and development, title insurance, strategic planning, sales, budgets, leadership, consulting and mentorship.

He resides in the Dallas/Fort Worth area with his family. When not busy with work-related responsibilities, Rodney enjoys freshwater fishing and following politics.

 

Reggie Davis
Chief Legal Officer
Qualia

Reggie leads legal operations at Qualia where his team builds best-in-class data, privacy, security, and compliance programs. Prior to Qualia, Reggie served as General Counsel for multiple SaaS and Fintech startups including DocuSign and Zynga where he navigated fast-changing regulatory environments, hyper-growth, and led a successful IPO. In 2016, Reggie was named “Most Innovative General Counsel” by the Financial Times and was named “In-House General Counsel” of the year by The Recorder. Reggie's most prized accomplishment is that 16 members of his legal teams have gone on to be General Counsel for various San Francisco/Bay Area companies.Reggie received his JD from Tulane School of Law and his AB with Honors in European History and Sociology from Harvard University.


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RESPA News Monthly
May 2025

Cover Story:

CFPB asks to vacate settlement with Townstone, citing misconduct by CFPB


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12 USC Section 2605 or Section 6 is titled Servicing of mortgage loans and administration of escrow accounts. It pertains to qualified written requests, notices of transfer of servicing and the administration of escrow accounts.
An arrangement that involves a person who is in a position to refer business as part of a real estate settlement service and who has an interest in a settlement services provider.

In the arrangement, the person, who has either an affiliate relationship with or a direct or beneficial ownership interest of more than one percent in a settlement services provider, directly or indirectly refers business to that provider or influences a consumer to select that provider.
An arrangement that involves a person who is in a position to refer business as part of a real estate settlement service and who has an interest in a settlement services provider.

In the arrangement, the person, who has either an affiliate relationship with or a direct or beneficial ownership interest of more than one percent in a settlement services provider, directly or indirectly refers business to that provider or influences a consumer to select that provider.
A mortgage disclosure that lists all estimated charges and fees associated with your loan. In addition to fees and charges, it will list your loan amount, mortgage rate, loan term and estimated monthly payment. Your escrows due at closing for insurance and taxes will also be outlined. Mortgage lenders are legally required to provide a GFE within three days of receiving your application.
A mortgage disclosure that lists all estimated charges and fees associated with your loan. In addition to fees and charges, it will list your loan amount, mortgage rate, loan term and estimated monthly payment. Your escrows due at closing for insurance and taxes will also be outlined. Mortgage lenders are legally required to provide a GFE within three days of receiving your application.
Under RESPA Section 2605(e)(1)(B), a qualified written request is a written correspondence that includes: 1) the name and account of the borrower, or has enough information to allow the servicer identify that information; and 2) a statement of the reasons for the belief of the borrower that the account is in error or provides sufficient detail to the servicer regarding other information sought by the borrower.

A QWR cannot be written on a payment coupon or other payment medium supplied by the servicer.
Under RESPA Section 2605(e)(1)(B), a qualified written request is a written correspondence that includes: 1) the name and account of the borrower, or has enough information to allow the servicer identify that information; and 2) a statement of the reasons for the belief of the borrower that the account is in error or provides sufficient detail to the servicer regarding other information sought by the borrower.

A QWR cannot be written on a payment coupon or other payment medium supplied by the servicer.
12 USC Section 2609 or Section 10 is titled Limitation on requirement of advance deposits in escrow accounts. It governs escrow accounts including notifications and statements to borrowers. Section 10 also sets out penalties for those who violate the section.
RESPA Section 3 provides that a thing of value includes any payment, advance, funds, loan, service or other consideration

Regulation X says thing of value includes: monies, things, discounts, salaries, commissions, fees, duplicate payments of a charge, stock, dividends, distributions of partnership profits, franchise royalties, credits representing monies that may be paid at a future date, the opportunity to participate in a money-making program, retained or increased earnings, increased equity in a parent or subsidiary entity, special bank deposits or accounts, special or unusual banking terms, services of all types at special or free rates, sales or rentals at special prices or rates, lease or rental payments based in whole or in part on the amount of business referred, trips and payment of another person’s expenses or reduction in credit against an existing obligation.
A form used by a settlement or closing agent itemizing all charges imposed on a borrower and seller in a real estate transaction. This form represents the closing transaction and provides each party with a complete list of incoming and outgoing funds. RESPA requires the HUD-1 to be used as the standard real estate settlement form in all transactions in the U.S. involving federally related mortgage loans.
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