Session Descriptions

Sunday, October 4

CRA Basics

PRE-CONFERENCE SESSION, ADDITIONAL FEE - $195

9 am – 12 pm

This workshop provides a complete walk-through of current CRA regulations as well as the interagency questions and answers. Find out how they impact banks both large and small. The session will also introduce you to how the regulators will examine your institution and review lending, investment, and service activity to assign a CRA rating. It’s a perfect way for new CRA professionals to start off the Colloquium. Limited to 40 people.

Speaker:

Ann-Marie Lefebvre, Consultant, Compliance Analytics Consulting Services, Wolters Kluwer Financial Services|PCi
Teresa A. Idzior, SVP, Credit Compliance Manager & CRA Officer, Seacoast National Bank
Joel Ramos, Compliance & CRA Officer, ShoreBank (Former compliance and CRA Examiner for the Federal Reserve Bank of Chicago)

Fair Lending Basics

PRE-CONFERENCE SESSION, ADDITIONAL FEE - $195

1 – 4 pm

This course is ideal for new fair lending officers and those who need a refresher on the basics of the regulation and the implications for your institution. This workshop provides a complete review of interagency fair lending examination procedures, including a review of past and current fair lending violations and an examination of current regulatory trends. Join us to learn about the risk factors that may apply to your institution, how regulators assess the significance of these risks, and how to conduct a streamlined examination. Limited to 40 people.

Speakers:

Wes Zickefoose, Senior Regulatory Consultant, Wolters Kluwer Financial Services | PCi
Marianne Mulligan, Vice President and Compliance Officer, Riverside National Bank of Florida    

Combined Basics Sessions - CRA Basics and Fair Lending Basics - $350.00

Monday, October 5

Welcome – Bobby Jindal, Governor of Louisiana

8:15 - 8:45 am

Keynote Address:
Ann F. Jaedicke, Deputy Comptroller, Compliance, Office of the Comptroller of the Currency

8:45 – 9:15 am

Ann Jaedicke
Deputy Comptroller Compliance Policy

Ann F. Jaedicke has served as Deputy Comptroller for Compliance Policy in the Office of the Comptroller of the Currency (OCC), since December 2003. In that capacity, she is responsible for OCC policy and examination procedures relating to consumer issues and anti-money laundering. Ms. Jaedicke is a member of the Federal Financial Institution Examination Council’s (FFIEC) Consumer Compliance task force and the FFIEC’s Bank Secrecy Act task force. These task forces of U.S. regulators promote policy coordination and the uniform enforcement of laws and regulations. Ms. Jaedicke also sits on the OCC’s Enforcement Committee and its National Risk Committee. Ms. Jaedicke began her career in 1977 as a bank examiner in Texas. From 1984 to 1986, Ms. Jaedicke worked in the OCC’s London office, where she examined branches of U.S. banks. Later she served as the Director of the OCC’s Large Bank Division. In 1997, Ms. Jaedicke was promoted to Deputy Comptroller for Supervision Operations, where she managed OCC’s Problem Bank Department. In 2001 and 2002, Ms. Jaedicke led projects to restructure the OCC’s six districts and its headquarters in Washington D.C. Ms. Jaedicke is a native Texan and a graduate of Texas A&M University.

Washington Update

9:15 – 10:30 am           

As businesses try to cope with one of the worst recessions in generations, Washington, DC, has become (arguably) the nation’s leading financial center, and a new “recrimination and regulation” culture has emerged. Join our special panel of Washington insiders as they share their insights into the most recent regulatory and Congressional actions that will impact your institution in the future. This popular session touches on the hottest issues of the day. Topics of discussion will include:

•            Presidential response to the continued mortgage crisis;
•            Proposed legislation;
•            Recent legal battles over specific regulations;
•            State enforcement of state consumer protection and anti-discrimination laws;
•            Mortgage-backed securities: How will they be viewed in the light of today's market?
•            Will banks that have received TARP money be held to a different (read higher) standard?;
•            Increased emphasis on predatory lending;
•            And more.

Speakers:

Elizabeth A. Eurgubian, Regulatory Counsel, Independent Community Bankers of America (Moderator)
Paul F. Hancock, Partner, K&L Gates LLP
Steven Rosenbaum, Chief, Housing and Civil Enforcement Section, Civil Rights Division, U.S. Department of Justice
John Taylor, President and CEO, National Community Reinvestment Coalition (NCRC)
Bob Mooney, Deputy Director for Consumer Protection and Community Affairs, FDIC
Montrice Godard Yakimov, Managing Director, Compliance and Consumer Protection, Office of Thrift Supervision

Break

10:30 – 10:45 am

Submerge Yourself in the 2008 HMDA Data: A Deep Dive with Glenn Canner

10:45 – 11:30 am

Glenn B. Canner
Senior Advisor, Division of Research and Statistics, Federal Reserve Board         

Join Glenn Canner, Senior Advisor, Federal Reserve Board as he lays out the 2008 HMDA Data. This baseline discussion on the year’s HMDA data will include a methodical review of the raw numbers and will feature multiple detailed data roll-ups of recent pricing data, outliers, and lending activity. Every year this informative session lays the essential groundwork for all of the Colloquium sessions. Leave this session with the contextual information you need to understand where your institution falls in relation to your peers.

Resurface with your Peers

BREAKOUT 1: How Do Small Lenders Navigate a HMDA Data Analysis?
BREAKOUT 2: How Do Medium/Large Lenders Navigate a HMDA Data Analysis?

11:30 am – 12:45 pm

As illustrated in the previous session the annual HMDA data speaks volumes about our nation’s lending trends. Since the details of the story differ by institution size, we are following up the HMDA Data Session with breakouts to delve into the HMDA impact by bank size. Have a discussion with your peers about how the HMDA data impacts your peer group. Listen to your peers describe conclusions that can be drawn from recent pricing data as applicable to your asset segment. Then participate in a facilitated discussion around the regulatory concerns based on the data review, strategies for using HMDA data in conjunction with other factors to assess your institution’s level of risk for lending discrimination, and ideas for new proactive analytical programs.

BREAKOUT 1 Speakers:

Jeffrey P. Naimon, Partner, BuckleySandler LLP
Pamela Freeman, CRCM, Review Examiner, Federal Deposit Insurance Corporation
Karin J. Coleman, CRA Officer/AVP, Fidelity Homestead Savings Bank

Breakout 2 Speakers:

Carol E. Goodwin, SVP, Compliance and Operational Risk, Bank of America
Joseph L. Barloon, Partner, Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates (Washington D.C.)
Dana Peters, Compliance Officer, BancorpSouth-MS
Chau Do, Senior Economist, Office of the Comptroller of the Currency
Donna L. House, Centralized Compliance, M&T Bank

Lunch

12:45 pm – 1:45 pm

Fair Lending Risk: Best Practices for Managing Risk at all Levels of the Organization

BREAKOUT

1:45 – 3 pm

No financial institution will be spared the newly empowered regulator’s skeptical gaze as a pro-regulatory mood sweeps over Washington. Marching in line with what is amounting to a zero-tolerance policy from the Obama administration more demands will be made on your institution by the regulators and your community. Your organization is susceptible to newer and more intense vulnerabilities to fair lending risks in the areas of loan servicing, foreclosures, HELOC modifications, and more. As banks get back into the mortgage space there must be renewed vigilance throughout the organization to avoid any appearance of disparate impact or treatment. Act now to implement preventative measures for steering and redlining. Carefully evaluate underwriting guidelines and price sheets. Put procedures in place to collect data and preserve its integrity (credit scores, debt to income ratios, loan to value ratios, pricing data and more). Understand what regulators will be looking for and put measures in place to regularly and thoroughly monitor compliance. We are in a new era of fair lending compliance.

Speakers:

Donald L. Morrow, Ph.D., Senior Consultant, Econometrician, Wolters Kluwer|PCi (Moderator)
Surya "Surge" Sen, Senior Supervisory Consumer Financial Services Analyst, Board of Governors of the Federal Reserve System
Alice Saker Hrdy, Assistant Director, Division of Financial Practices, Federal Trade Commission
Carl Pry, Vice President and Compliance Manager, KeyBank National Association

Garage-Inspired Innovative Approaches to Community Development Lending

BREAKOUT

1:45 – 3 pm

During times of economic turmoil, American garages become hotbeds for innovation. Faced with fewer community development eligible loans and investments, it’s a good time to get creative. So head to the Colloquium “garage” with a hundred of your closest friends and figure out a new ways to tackle community development. Examine options that are out there under the many and varied economic recovery programs. Participate in a brainstorming session to create some best practices around community lending. The requirements are not going away, and there is no ETA for economic recovery. A collaborative brainstorming session with your peers has the potential to yield inspired and creative strategies for weathering the storm. (All this and you didn’t even have to clean your garage!) 

Speaker:

Joseph Pigg, American Bankers Association (Moderator)
Alden McDonald, President and CEO, Liberty Bank & Trust Company (New Orleans)
Vonda Eanes, National Bank Examiner and District Community Affairs Officer, Office of the Comptroller of the Currency, U.S. Department of the Treasury
Lisa Glover, Senior Vice President and Director, Community Affairs, U.S. Bank
Theresa A. Stark, Manager, Community Affairs, Federal Reserve Board
Ashleigh G. Gardere, Vice President, Community Relations, JPMorgan Chase

Break

3 – 3:15 pm

The Latest on Regulatory Reform

3:15 - 4:30pm           

The continued economic crisis has spawned unprecedented regulatory reform measures. What is being done to lower the odds of a similar financial meltdown in the future?  How do the proposed measures impact your work? Join this panel of experts as they bring us up to date on what is being proposed and what is being done to reorganize and strengthen regulations facing the financial services industry. Benefit from their exploration of how effectively these measures might balance key elements of sound financial regulation – including good risk management, transparency, and fairness, with continued growth of financial markets and consumer protection. There is no shortage of ideas out there. Come hear a thoughtful analysis of some of the latest.

Speakers:

Luke Brown, Associate Director, Compliance Policy, FDIC
Andrew L. Sandler, Partner, BuckleySandler LLP
Robert T. Taylor, Chief Executive Officer, Louisiana Bankers Association

Dinner, Continued Networking, and all that New Orleans Jazz

5:30 - 8:30pm           

Tuesday, October 6

Sponsored Breakfast Sessions

7:30 – 8:30 am

Financial Literacy, CRA Plus and the "Silver Rights" Movement

8:30 – 9:30 am

John Bryant
Founder & CEO, Operation HOPE

On February 1st, 2009, in the midst of the worst global economic crisis in recent history, thought leader John Hope Bryant was chosen to speak at the closing session for the Annual Meeting of the World Economic Forum in Davos, Switzerland, joining Archbishop Desmond Tutu, Professor Klaus Schwab, founder and chairman of the World Economic Forum, H.R.H. Crown Prince Haakon of Norway and Professor Pekka Himanen of Finland, on the subject of “dignity for all.”

In early 2008, Bryant’s silver rights advocacy inspired the U.S. government to make financial literacy the policy of the U.S. federal government for the first time in our nation’s history.

John Hope Bryant is a philanthropic entrepreneur and businessman, in the business of empowerment. This includes Mr. Bryant’s non-profit work throughout the United States, through Operation HOPE, his global non-profit work led by HOPE Global Initiatives, his vast work in public policy, and his increasing portfolio in “thought leadership.”

On January 22nd, 2008, Mr. Bryant was appointed by then President George W. Bush as vice-chairman of the bi-partisan U.S. President’s Advisory Council on Financial Literacy. Vice chairman until January, 2010, Mr. Bryant proudly now serves the historic presidency of the Honorable Barack Obama, 44th President of the United States. In this role Mr. Bryant also serves as chairman of the Under-Served Committee for the U.S. President’s Council. Seeing this crisis in global dimensions, Mr. Bryant also serves on the Global Agenda Council for the World Economic Forum, as an advisor on financial literacy and financial empowerment.

Mr. Bryant is the founder, chairman and chief executive officer of Operation HOPE, America’s first non-profit social investment banking organization, now operating in 68 U.S. communities and South Africa, having raised more than $500 million from the private sector to empower the poor.

Community Impact Awards Ceremony

9:30 – 9:45 am

Please join your peers in recognizing this year’s Community Impact Award recipient. This award is presented to recognize a CRA or community development program which is innovative community land has been instrumental in improving low- to moderate-income communities.               

Break

9:45  - 10 am

Gut-Check Guidance from Your Regulator: Align Your Compliance Priorities and Exam Preparation Efforts

BREAKOUT 1: OTS and OCC Banks
BREAKOUT 2: FRB, NCUA and FDIC Institutions

10 – 11:15 am

Grand schemes for regulatory reform abound – but at the end (or beginning) of the day, it still comes down to you, your regulator and your exam. Regulators are facing unprecedented scrutiny and can’t afford to take their foot off the pedal. But what type of advice are the agencies offering in a down economy? Given the state of the economy and the troubled banking system, how will regulators view the decrease in overall lending home mortgages & small business loans) and investments for CRA purposes? Take part in this interactive session and meet face to face with your regulator to discuss recent changes, current expectations, regulatory focus, evolving exam procedures and more. Each regulator on the panel will share:

• How they perform risk assessments to focus their examination program and establish priorities;
• Priorities that are currently the focus of their examination program; and
• Some of the challenges to creating and maintaining an effective legal and compliance program based upon findings of compliance examinations conducted over the past few years

Hone the focus of your regulatory compliance program and ask specific questions about your lending program, community development program and exams. Align your internal directives and goals with those of your regulator – and despite the current economic climate, create a win-win for all.

Speakers Breakout 1:

Mariana Rexroth, FCR, Regional Compliance Examiner, Office of Thrift Supervision – Western Region
Peter Fong, National Bank Examiner, Office of the Comptroller of the Currency

Speakers Breakout 2:

Lance Jameson, Review Examiner, Federal Deposit Insurance Corporation
Celeste Anderson, Program Analyst, FRB Board of Governors
Paulette Myrie-Hodge, Assistant Vice President, Compliance Division, Federal Reserve Bank of Chicago

The Expansion and Modernization of CRA: How Will it Impact your Institution?

11:15 am – 12:30 pm

Congress is considering expanding CRA and HMDA. The expansion would create new data reporting requirements for banks, and creates numerous new requirements for entities never before covered by either law.  How will this impact your organization?  What issues does this raise about the cross over with fair lending laws? By incorporating more and more into the CRA Exam, where will the line be between what information can be made public in an evaluation and what should not be made public?  Join this panel of experts as they evaluate these issues and some of the expansion and modernization efforts under consideration, including, but not limited to:

• Turn CRA into a Bank Holding Company (BHC)-level compliance requirement, applicable to all bank and non-bank affiliates of the BHC;
• Expand CRA to evaluate performance everywhere the institution or an affiliate makes loans;
• Expand CRA to cover race as well as income characteristics;
• Prevent approval of merger applications for those with less-than-satisfactory CRA ratings in any one assessment area;
• Create new, separate CRA-like requirements for Insurance, Securities and Mortgage Companies, and for Credit Unions;
• Significantly expand the information requirement to be reported under HMDA, including credit scores, underwriting and loan term information;
• Require reporting of HMDA-like data on small business lending to minority- and women-owned businesses;
• Require deposit account data reported by geography;
• Require HMDA-like reporting for Insurance Companies; and
• Significantly expand the requirements for public hearings for mergers and other applications under Bank Holding Company Act, and branch closures under the Federal Deposit Insurance Act.

Speaker

Robert Rowe, Vice President/Senior Counsel, ABA (Moderator)
David Berenbaum, Executive Vice President, National Community Reinvestment Coalition (NCRC)
Mark A. Willis, Visiting Scholar, Ford Foundation
Ellen Seidman, Executive Vice President, National Program and Partnership Development, ShoreBank Corporation and Senior Fellow, New America Foundation

Lunch

12:30 – 1:30 pm

Agency - Centric Lunchtime Chatter
Look for Table Signs: OCC, OTS, FRB, FDIC, NCUA, HUD/FTC

Pack your Bag for the Road to Recovery: Identify Resources to Meet Services and Investments Requirements

BREAKOUT

1:30 - 2:45 pm

Managing CRA obligations is especially difficult given today’s tumultuous conditions, which include (for starters) tighter internal resources and lower lending volumes. Like never before, banks have to be more innovative and flexible as they look for new opportunities to gain CRA credit. Extra credit is given to lenders and banks when community development activities are innovative and/or complex. To be successful, you need to look beyond your traditional activities and pick up some unique ideas. What are the criteria for community development loans? How should you be evaluating your loans to ensure they meet these requirements? What are some best practices and unique opportunities you can explore? What are the regulators looking for? Focusing on the services and investments side of Community Development, this informative session will address all these issues, and more.

SpeakerS:

Gary L Clayton, Senior Consumer Affairs Examiner/Quality Assurance Specialist, Department of Supervision and Regulation, Federal Reserve Bank of Atlanta
Daryl Hall, CRA/Community Development Analyst, Fifth Third Bank
Jan Woolsey, Vice President, Manager Community Development, Union Bank of California
Sylvia M. Figueroa, Vice President, CRA/HMDA & Community Affairs Manager, Banco Popular North America
Benson (Buzz) Roberts, Senior Vice President, Policy, Local Initiatives Support Corporation (LISC)

Complete a Fair Lending Risk Assessment: Here’s How!

BREAKOUT

1:30 – 2:45 pm

Before they arrive, regulators expect that you will have already identified fair lending risk, monitored it, and established appropriate controls. A fair lending risk assessment process provides a financial institution with a complete picture of its fair lending risk, how well it manages that risk, and the likelihood that it is complying with fair lending laws and regulations. An effective fair lending risk assessment should examine all bank lending products and document how the institution identifies, measures, controls, and monitors lending activities. Speakers will present a step-by-step guide to preparing and executing a fair lending risk assessment. They will identify best practices for looking for disparate treatment, disparate impact, and overt discrimination and importantly, conclude with recommendations for appropriate follow-up.  Leave this session with greater insight into identifying issues through a risk assessment and strategies for mitigating unacceptable levels of risk.

A complete fair lending risk assessment program is more than the self evaluation of files. It is the process of the predicate risk picture BEFORE you know where you want to spend your time evaluating files. In this session, you will learn the elements of a fair lending risk assessment, how to manage the risk presented as a result of the analysis, and how to address the gaps.

Speaker:

Jeff Robb, MBA, CRCM, Vice President, Professional Services, Senior Regulatory Consultant, Wolters Kluwer Financial Services | PCi (Moderator)
Joel D. Armstrong, Director, Office of Systemic Investigations, U.S. Department of Housing and Urban Development
Calvin R. Hagins, CRCM, CRP, AMLP, Director for Compliance Policy, Office of the Comptroller of the Currency
Christopher Tucci, Senior Vice President & Chief Legal Counsel, Legal Department, Equifirst Corporation

Break

2:45 - 3:00 pm           

Modifications, Mitigation and Servicing: A Fair Lending Mine Field?

3:00 pm – 4:30 pm

Foreclosure prevention and loss mitigation have become a major effort for financial institutions during this market turmoil. However, there may be very real fair lending compliance implications around efforts to balance home owner protection with protecting against losses. Efforts to mitigate losses must be examined for fair lending impact and treatment. Join us for this thought-provoking session. We’ll hear from people in the trenches with established loan modification programs as they grapple with issues such as:

• What criteria are used to determine eligibility?
• How are banks monitoring and testing to determine whether minorities are being offered the same programs under the same timing?
• What “types” of loan modifications are offered?
• What kinds of fair lending monitoring and testing are being done in servicing and loss mitigation
• How to mitigate the inherent compliance and fair lending risks associated with loan servicing
• How are regulators monitoring banks' practices to ensure consumers are treated fairly and legally and that banks are in full compliance? 

After openly vetting these issues (and more) hopefully you’ll return to your institution prepared to mitigate the inherent compliance and fair lending risks associated with loan modification.

Speakers:

Michael Mierzewski, Partner, Arnold & Porter LLP
Kostas Tzioumis, Financial Economist, Compliance Risk Analysis Division, Office of the Comptroller of the Currency (OCC)
Jeffery L. Tate, Fair Lending Examination Specialist, FDIC
Donna M. Murphy, Deputy Chief, Housing and Civil Enforcement Section, Civil Rights Division, U.S. Department of Justice
Cheryl L. Ziegler, Deputy Assistant Secretary for Enforcement & Programs, Office of Fair Housing and Equal Opportunity, U.S. Department of Housing and Urban Development

Wednesday, October 7

Breakfast

8 am - 9:00 am

Non-Mortgage Lending: The “Sleeper” Consumer Risks

9:00 - 10:15 am

When it comes to fair lending, remember to keep a watchful eye on risks associated with non-mortgage lending, including small business, unsecured (credit cards) and auto). What are the current compliance expectations around third party monitoring? What are the legal and compliance considerations when dealing with mortgage brokers, auto dealerships, and other third parties? If you use third party originators, remember you are responsible for their behavior. Get program in place to monitor for fair lending concerns in underwriting and pricing.

Speaker:

Beth S. DeSimone, Counsel, Arnold & Porter LLP
Irene Fang, Deputy Director, OCC
Lena Vanterpool, Supervising Examiner, Federal Reserve Bank of New York
Donna M. Murphy, Deputy Chief, Housing and Civil Enforcement Section, Civil Rights Division, U.S. Department of Justice

Break

10:15 – 10:30AM

Data Gathering and Analysis Essentials for Non-Mortgage Lending

10:30 am - 12 pm

Collecting accurate and sufficient data to avoid fair lending risk is as important in non-mortgage lending as it is in HMDA lending. Unfortunately, there are unique challenges around putting data collection procedures and data integrity checks around the collection of non-mortgage lending data. Join us for this session for guidance on:

• Collecting required consumer/commercial data
• Advantages of collecting additional data to ascertain fair lending risk (pricing, loan type, application source (loan office, loan officer, underwriter, etc.)

Speaker

Anand S. Raman, Partner, Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates (Washington D.C.)  
Marianne Mulligan, Vice President and Compliance Officer, Riverside National Bank of Florida
Tara L. Oxley, Esq., Senior Fair Lending Specialist, Federal Deposit Insurance Corporation
Staci Glenn-Short, Corporate Community Development Director, Huntington National Bank

2009 CRA and Fair Lending Colloquium Ends