Effective September 1, 2020, How Does California’s AB 3088 Impact Your Loan Servicing?

Legal & Regulatory Compliance

On September 1, 2020, California passed AB 3088, which significantly impacts the servicing of residential loans in California.  AB 3088 expands California’s Homeowner Bill of Rights (HOBR) to loans secured by certain multi-family properties.  In addition, it creates an entirely new set of rules for responding to a borrower’s forbearance request  on certain residential property.  If you service even one residential loan in California, you must we aware of these new laws.

Who Should Attend: Chief Credit Officer, Commercial Loan Officer, Consumer Loan Officer, Junior Loan Officer, Business Development Officer, Compliance Professionals

Learning Objectives

  • Explore the requirements of AB 3088
  • Understand some of its most ambiguous provisions
  • Provide the tools to identify covered loans in your portfolio

Speaker

T. Robert Finlay
Partners
Wright, Finlay & Zak, LLP. 
T. Robert Finlay is one of the founding partners at Wright, Finlay & Zak, LLP. Since 1994, he has focused his legal career on consumer credit, business and real estate litigation, and has extensive experience with trials, mediations, arbitrations, and appeals. Mr. Finlay is at the forefront of the mortgage banking industry, handling all aspects of the ever-changing default servicing and mortgage banking litigation arena, including compliance issues for servicers, lenders, investors, title companies, and foreclosure trustees. 

Webinar Fees

Pricing For Price Season Pass
Bank Member $195 $0
Bank Nonmember $249 $0
Affiliate Member $195 $0
Affiliate Nonmember $249 $0

Season Pass Members receive 4 individual logins to every webinar

Additional Info

Participants will earn 1.0 CPE credit

Field of Study: Specialized Knowledge

Prerequisites: Knowledge of the Full Credit Bill Rule

Advanced Preparation: None

Program Level: Intermediate

Delivery Method: Group Internet Based

Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar

Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org.

Register

Click here to register online