MBA's National Fraud Issues Conference 2009 by xsr16387


									MBA’s National Fraud Issues         Earn

Conference 2009                  14
                                 CPE CREDITS

March 16–18, 2009
Mandalay Bay Resort and Casino
Las Vegas, Nev.
    MBA’s National Fraud Issues
    Conference 2009

    Fraud against lenders has been cited as one of the top reasons many companies have
    been facing increased buybacks. In today’s market the results of this can be extremely
    challenging. With the growing incidence and complexity of mortgage fraud, protecting
    your company from fraud means moving beyond learning about schemes and red flags to
    look at issues that cut across departments and industries. Attend MBA’s National Fraud
    Issues Conference 2009, March 16–18, 2009, in Las Vegas, to gain access to the most
    crucial resources available to detect and defeat fraud throughout the loan process.
    Industry experts at this conference discuss the latest developments in:
    •	 Increasing industry cooperation with law enforcement
    •	 Fraud prevention efforts
    •	 Identity theft issues
    •	 Laws and pending regulations related to reducing fraud
    •	 Effects of state laws that criminalize mortgage fraud

      Who Should Attend
      •	 Quality assurance              •	 Fraud investigators             •	 Attorneys and legal counsel
         professionals                  •	 Production staff

    Continuing education and industry designation opportunities are available to
    attendees of MBA’s National Fraud Issues Conference

                         Earn up to 14 CPE credits for your participation in MBA’s National Fraud
                         Issues Conference & Expo 2009. The conference is a basic, group live
                         offering; with no prerequisite or advanced preparation required.
                         Mortgage Bankers Association (MBA) 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue, North,
                         Suite 700, Nashville, TN, 37219-2417,

                         Earn two points toward your Certified Mortgage Banker (CMB) Designation
                         The CMB is the industry standard of professional success. It symbolizes respect,
                         credibility, ethics, and achievement within real estate finance. Earning a CMB
                         instantly places you at the top of our dynamic industry and makes you a part of the
                         elite group that has achieved the highest level of professional success.
                         Learn more about the CMB
  Preliminary Agenda
  Schedule subject to change.

Monday, March 16                                 10:45 a.m.–Noon
                                                   ConCurrent SeSSionS
7:00 a.m.–4:30 p.m.                                •	 Effectiveness of the Mortgage Fraud Task
  Registration                                        Force Approach
7:30 a.m.–3:15 p.m.                                •	 Identity Theft in Mortgage Lending —
  Exhibits Open                                       No Slow Down In Sight
7:30 a.m.–8:30 a.m.                              Noon–1:45 p.m.
  Continental Breakfast                            Luncheon
8:30 a.m.–10:00 a.m.                             1:45 p.m.–3:00 p.m.
  •	 Industry Update and the Fight Against         •	 Benchmarking and Preventing Early Payment
     Mortgage Fraud                                   Defaults
10:00 a.m.–10:30 a.m.                              •	 Appraisal Fraud Prevention
  Coffee Break in the Exhibit Hall               3:00 p.m.–3:30 p.m.
10:30 a.m.–11:45 a.m.                              Refreshment Break in the Exhibit Hall
  ConCurrent SeSSionS                            3:30 p.m.–4:45 p.m.
  •	 Maximizing Fraud Detection in Times of        •	 Servicing and Foreclosure Fraud
     Economic Unrest
  •	 Fighting Fraud and Working with Law         5:00 p.m.–6:00 p.m.
     Enforcement                                   Networking Reception in the Exhibit Hall

11:45 a.m.–1:30 p.m.
  Luncheon                                       Wednesday, March 18
1:30 p.m.–2:45 p.m.                              8:00 a.m.–Noon
  ConCurrent SeSSionS                              Registration
  •	 Distressed Market Fraud Schemes             8:00 a.m.–9:00 a.m.
  •	 Fighting Fraud in Today’s Highly Volatile     Continental Breakfast
     Environment: What Lenders Should Know       9:00 a.m.–10:15 a.m.
2:45 p.m.–3:15 p.m.                                •	 Legislative and Regulatory Update
  Refreshment Break in the Exhibit Hall
                                                 10:15 a.m.–10:45 a.m.
3:15 p.m.–4:30 p.m.                                Coffee Break
  •	 State and Local Mortgage Fraud Law Update   10:45 a.m.–Noon
4:30 p.m.–6:00 p.m.                                •	 The Best Offense is a Good Defense: Using
  Opening Reception in the Exhibit Hall               Technology to Fight Fraud
Tuesday, March 17                                  Conference concludes
7:30 a.m.–4:45 p.m.
8:00 a.m.–9:00 a.m.                               Special Hotel and Travel Deals
  Continental Breakfast                           from the Mandalay Bay
8:00 a.m.–3:30 p.m.                               Make your travel plans by January 15, 2009 to
  Exhibits Open                                   attend MBA’s National Fraud Issues Conference
9:00 a.m.–10:15 a.m.                              and take advantage of special deals, including
  •	 The Secondary Market Response to             a FREE upgrade to THEhotel suites at the
     Mortgage Fraud                               Mandalay Bay Resort and Casino and special
10:15 a.m.–10:45 a.m.                             discounts on a return trip to Las Vegas. All hotel
  Coffee Break in the Exhibit Hall                reservations must be made through MBA’s
                                                  official housing bureau. You must be registered
                                                  for the conference to make hotel reservations,
                                                  and you must ask for this upgrade deal.
                                                  fraudissues2009 for details.
  Conference Sessions

Industry Update and the Fight Against                                       scams growing nationally? Join our panelists as
Mortgage Fraud                                                              they discuss training methods that can be used
As the mortgage marketplace goes through a major                            to identify, investigate and reduce these types of
transition it is crucial that lenders stay abreast of                       activities.
changes in real time. Mortgage fraud against lenders
                                                                            Fighting Fraud in Today’s Highly Volatile
continues to garner national attention. The fight against
                                                                            Environment: What Lenders Should Know
mortgage fraud needs to be a national and industry-
                                                                            The economic environment today and through the
wide assault on the predators that perpetrate these
                                                                            foreseeable future mandates a substantial return
crimes that harm both consumer and the industry.
                                                                            to validation of the three C’s in the underwriting
Efforts to combat mortgage fraud against lenders
                                                                            process (Credit, Capacity and Collateral), while the
have proliferated into a number of initiatives, including
                                                                            due diligence to confirm the validity of the borrower,
state and federal legislation criminalizing mortgage
                                                                            the property, etc. will be critical to the viability of
fraud and increased synergy between law enforcement
                                                                            any consumer finance organization. This requires
and lenders. This session provides an overview of the
                                                                            several enhancements/improvements to the
current status of the industry, law enforcement and
                                                                            origination and fulfillment process, such as business
government’s efforts in combating mortgage fraud.
                                                                            partner due diligence, talent acquisition and process
Maximizing Fraud Detection in Times of                                      management, to name a few. This panel explores
Economic Unrest                                                             current and planned activities in these areas and
Economic volatility and unreliable credit continue                          their expected relative success. The panel includes
to plague the real estate industry. With these                              discussion on best-in-class approaches.
factors and many others at play, mortgage fraud
                                                                            State and Local Mortgage Fraud Law Update
may be around for some time. Today’s technological
                                                                            State legislators and regulators continue to address
advancements offer tools that help optimize
                                                                            the growing problem of mortgage fraud in consumer
workflow and maximize fraud detection for lenders
                                                                            finance and have taken actions that will impact your
leading to better loans and less risk. Panelists
                                                                            business processes directly. This session addresses
highlight today’s strategies and tools, such as
                                                                            recent changes in state law and regulations, and
analytics and data assets combined with databases
                                                                            what effect those changes will have on lenders and
that can be used as a resource for fighting fraud.
                                                                            the continuing fight against mortgage fraud.
Fighting Fraud and Working with Law
                                                                            The Secondary Market Response
                                                                            to Mortgage Fraud
Mortgage fraud is becoming the priority with law
                                                                            Fraud discovered after a loan is sold on the
enforcement from local up to federal levels. Hear
                                                                            secondary market presents a unique set of
what is being done from the law enforcement
                                                                            challenges. This session explores what quality
perspective and how lenders can interact with
                                                                            control processes secondary market players are
the various agencies. Panelists identify what civil
                                                                            using to address fraud and how lenders can limit
and criminal actions are being pursued and what
                                                                            their repurchase liability.
schemes are being investigated. In addition, they
discuss how to increase lender participation in                             Effectiveness of the Mortgage Fraud Task
these enforcement efforts.                                                  Force Approach
                                                                            Panelists from the Federal Bureau of Investigation,
Distressed Market Fraud Schemes
                                                                            United States Attorney and U.S. Department of
The default servicing arena appears to be the new
                                                                            Housing and Urban Development (HUD) Inspector
frontier for fraud perpetrators and yet information
                                                                            General present an overview of national mortgage
on these activities seems severely limited to the
                                                                            fraud trends and identified problem areas. Hear
mortgage industry. What are some of the newest
                                                                            specific examples of how problems are being
waves of fraud plaguing the industry and why
                                                                            addressed in some of the leading areas for fraud
are foreclosure rescue schemes and short sale
                                                                            in the country, through cooperation and integration

        This brochure is printed on Cascades Enviro100 with 100% post-consumer fiber using soy-based inks.

of Federal/State/Local law enforcement, regulatory      Servicing and Foreclosure Fraud
agencies and industry partners.                         Despite all the recent legislation and media
                                                        attention, servicing and default servicing is becoming
Identity Theft in Mortgage Lending — No Slow
                                                        fertile ground for identity theft and mortgage fraud.
Down in Sight
                                                        This trend is due in part to the public nature of listing
According to the U.S. Department of Justice
                                                        actions surrounding default, foreclosure proceedings
statistics, identity theft is now passing drug
                                                        and Real Estate Owned (REO) properties. This
trafficking as the number one crime in the nation.
                                                        session reviews multiple fraud schemes that are
With more sophisticated fraud cases emerging
                                                        being revealed across the country. Panelists discuss
every day, the specific threat to mortgage lenders
                                                        steps servicers can take to prevent these activities.
is growing at an accelerated pace. This panel
examines the various threats and schemes that           Legislative and Regulatory Update
occur in the lending process, provides an overview      The regulatory and legislative environment for the
of the current and emerging regulations designed to     mortgage industry has undergone unparalleled
address identity theft risk, examines what risks and    change in the past year and much more is
vulnerabilities lie within the processes and systems,   anticipated in the months ahead. Join this expert
and outlines what can be done to secure safe and        panel for a review of major changes, including those
efficient lending capability through technology,        under the Truth in Lending Act (TILA), the Home
automation and procedural management.                   Ownership and Equity Protection Act (HOEPA),the
                                                        Real Estate Settlement Procedures Act (RESPA), the
Benchmarking and Preventing
                                                        Fair Credit Reporting Act (FCRA) and the Fair and
Early Payment Defaults
                                                        Accurate Transactions Act (FACTA), to name a few.
As mortgage fraud losses, specifically those tied
                                                        The session also considers proposals for regulatory
to early payment defaults, continue to increase,
                                                        restructuring of the industry.
the detrimental effects to lenders, the mortgage
industry and the economy as a whole are becoming        The Best Offense is a Good Defense: Using
more obvious. Fraud professionals must understand       Technology to Fight Fraud
the impact this is having to their companies and        Paper processes and manual verification of loan
work to curb the effects. Attend this session to        information are loan fraud’s best friends. In today’s
hear an overview of early payment default trends        sophisticated fraud environment lenders can’t afford
across the nation. Panelists evaluate default trends    to expose themselves to fraudsters by staying with
from industry-wide loan performance databases.          processes that have led us to today’s fraud-friendly
Attendees get detailed EPD trend analyses by            situations, with fake tax returns and pay stubs readily
product type, credit profile and zip codes, and learn   available on the internet. Attend this session to hear
how to leverage this data in order to benchmark         expert panelists explore solutions to some of the
portfolios and improve risk-management strategies.      most common schemes in the marketplace.

Appraisal Fraud Prevention
The key to preventing property fraud is understanding
the appraisal. In a declining mortgage market,
accurate appraisal reviews are more important than
                                                        Network with Attendees
ever. Lenders have a desire and a need to continue      Conference sponsorship is the ideal vehicle to
to originate and approve loans while managing risk.     grab the attention of this important audience and
Balancing these two goals can be a daunting task.       position your company as a leader in the industry. All
Join us to discover how to spot inconsistencies         sponsorships include a tabletop exhibit opportunity,
that indicate fraud and which appraisal report          but space is limited. For more information call
entries may signify declining property values. In       (202) 557-2790 or email Mark brady at mbrady@
addition, learn effective techniques to use when
communicating with a qualifying appraiser.
Registration and Travel Information
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                                                                                         College Park, GA 30349
  * Use express mail for overnight deliveries to meet registration cutoff dates          (800) 793-6222, select option 3
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Important Conference Deadlines to Remember                           Airfare Discounts
March 2: Early conference registration                               Please ask your travel or airline agent to use the
/final registration list/substitutions                               following airline code when making your MBA travel
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Send requests in writing to the attention of                         identification number.
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Cancellations received on or before February 17: Full                The cutoff date for discounted hotel rates is
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Cancellations received February 18–March 2:                          rooms. If rooms are available until February 2, you
50 percent penalty applied to all registration                       will receive the discounted hotel rate. After February
cancellations                                                        2, reservations are accepted on a space-available
March 2: No refunds made after this date                             basis only, and you may be charged the regular hotel
                                                                     rate. In order to receive MBA’s special negotiated
Cancellation requests should be sent                                 room rate, you must follow the hotel reservation
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You may email your substitution request to                           letter. Please do not call the hotel directly. In the unlikely event
of program cancellation, MBA will refund 100 percent                 Mandalay Bay Resort and Casino
of registration fees paid. MBA assumes no liability for              3950 Las Vegas Blvd. South
any penalty fees on airline tickets, deposits for hotel              Las Vegas, NV 89119
accommodations or any other fees, charges, penalties                 MBA discount rate: $240 / night single, double
or other incidental costs that a registrant might incur              Hotel cutoff: February 2, 2009
as a consequence of a program cancellation.
                                                                                 ★★★ Special Hotel Deal ★★★
Travel Information                                                   All rooms confirmed within the MBA block by January
                                                                     15, 2009 will be upgraded to THEhotel suites at the
Please contact Travel Incorporated, MBA’s                            Mandalay Bay Resort and Casino at no additional cost.
official travel agency, to take advantage of special                 All hotel reservations must be made through MBA’s
discounts on airfare and car rentals. You can make                   official housing bureau. You must be registered for the
your travel arrangements Monday through Friday, 24                   conference to make reservations, and you must ask
hours a day. A proposed schedule will be sent to you                 for this upgrade deal.
immediately. Reservations will include 5–10 percent
     MBA Registration Form                                                                            ATTN: MBA Meetings
     MBA’s National Fraud Issues Conference 2009
     March 16–18, 2009	 Mandalay	Bay	Resort	and	Casino	 •	 Las	Vegas,	Nev.

     Please check the appropriate category:
     Early registration received with payment by March 2, 2009:
     □ MBA Member*: $895 □ Nonmember: $1,195
     Regular registration received with payment after March 2, 2009:
     □ MBA Member*: $995 □ Nonmember: $1,295

     Please type or print. Photocopy form for additional registrants.

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FOR OFFICE USE ONLY ATTN: DEPARTMENT 1—Meetings Meeting # M2902068 Source Code B1 CPE 14 Pts. CMB 2 Pts.

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