New Jersey Association of Mortgage Brokers Conference October 1 3, 2008 Trump Taj Mahal Casino Resort, Atlantic City, NJ

Transcription

1 New Jersey Association of Mortgage Brokers Conference October 1 3, 2008 Trump Taj Mahal Casino Resort, Atlantic City, NJ Wednesday, October 1, :00 a.m. Golf Outing Check In- - Renault Winery Resort & Golf 12:00 Noon Golf Outing Lunch - Renault Winery Resort & Golf 2-9 p.m. Registration/Information Desk Open 4:00 p.m. 5:15 p.m. Breakout: Speaker: The Changes in FICO Scoring Methodology as they impact mortgage originations Gold Room This breakout will address the much discussed changes in credit scoring methodology and will separate the myths from the truth as to what is or is not occurring. David Wheeler, Regional Account Executive, Credit Plus, Inc. 7:00 p.m. 9:00 p.m. Opening Networking Cocktail Reception Diamond Ballroom A & B Page 1 of 5

2 Thursday, October 2, a.m. - 8 p.m. Registration/Information Desk Open 8:30 a.m. Continental Breakfast 9:00 a.m. 12:00 Noon General Session Diamond Ballroom C & D Welcome: Comments: Joseph Heisler, President, NJAMB E. Robert Levy, NJAMB Executive Director and Counsel Panel The New Regulatory Environment And How To Deal With It (An informal, open dialogue with panelists exchanging ideas with attendee Q & A) Our speakers will address topics including the new licensing requirements for loan solicitors and the impact of the Federal Law as well as a new Model State Law proposed by CSBS/AARMR which will track Federal requirements. The new National Mortgage Licensing System which is in effect in PA and NY and will soon be operative in NJ will be addressed and New York s mortgage originator law and other regulatory developments will be discussed. Moderator: E. Robert Levy, NJAMB Executive Director and Counsel Panelists: David Bleicken, Acting Deputy Secretary for Non-Depository Institutions and Consumer Services, PA Department of Banking Steven M. Goldman, Commissioner, New Jersey Department of Banking and Insurance George Hanzimanolis, Immediate Past President, NAMB & Chair Ethics Committee Rholda L. Ricketts, Deputy Superintendent of Banks - Mortgage Banking Division, State of New York Banking Department 12:15 p.m. 5:00 p.m. EXHIBIT HALL OPEN Grand Ballroom A, B & C 12:30 p.m. 2:00 p.m. LUNCH IN EXHIBIT HALL Grand Ballroom A, B & C Page 2 of 5

3 4:15 p.m. 5:30 p.m. Breakout: How The Red Flag Legislation Impacts Mortgage Brokers Diamond Ballroom C & D The new identity theft red flag rule puts the mortgage industry directly in the line of fire! Speaker: Jim DeGeronimo Sr., President, Majestic Security LLC 6:00 p.m. 8:00 p.m. Cocktail Reception Diamond Ballroom A &B Page 3 of 5

4 Friday, October 3, :00 a.m. 1:00 p.m. Registration/Information Desk Open 8:30 a.m. 9:00 a.m. Continental Breakfast 9:00 a.m. 10:15 a.m. Breakout: Appraisals In A Declining Market, How Do They Impact The Industry and what should brokers know This important breakout will address what every mortgage broker should know about appraisals including what mortgage insurers and investors are looking for when they examine appraisals. Peter W. LaMorte, North East Account Executive, HSBC Mortgage Corp, USA 10:30 a.m. 11:45 a.m. Breakouts: SBA Lending For Mortgage Brokers Earn money in a new market-small business lending. Small business borrowers have special requirements which present unique opportunities for mortgage brokers to earn commissions. Specialized established small-business lenders will address the necessary knowledge to properly market these loans and procedures to be successful. Information will include how to secure loans for 100% plus loan-to-value, financing business acquisitions without real estate, financing startup businesses, franchise financing, etc. Moderator: Tom Blackburne, Senior Regional Account Manager, CIT Panelist: Doug Bagnasco, Business Development Officer, Popular Small Business Capital Page 4 of 5

5 Update On Laws Impact Mortgage Lending In NJ, PA & NY Bronze Room Speakers: E. Robert Levy, Esq., NJAMB Executive Director and Counsel, Partner, Levy & Watkinson, P.C. Bonnie S. Nachamie, Esq., Law Offices of Bonnie S. Nachamie & Andrew S. Nachamie, P.C. Wayne Watkinson, Esq., Partner, Levy & Watkinson, P.C. 11:45 a.m. 1:00 p.m. Breakout: Practical Steps to Achieving Profitability with FHA Loans The New FHA: Did you know there are 12 new mortgagee letters on the way from FHA? Our FHA panel will address the changes that the FHA is adopting as well as an overview of current products and a discussion of the newest program. The Breakout includes: The new underwriting guidelines and a discussion of Hope from Homeowners How to get approved by the FHA and How to do your annual certification Home Equity Conversion loans, the different products FHA 203K Speakers: Roberta Janel, CMB, Managing Director, JH Cohn Professional Mortgage Consultants, LLC Werner Jasinski, Vice President Compliance and Quality Control, Security Atlantic Mortgage Co., Inc. Philip Caulfield, Senior Program Analyst, US Department of Housing and Urban Development Darryn Silver Murdoch, Reverse Mortgage Consultant, Wells Fargo Home Mortgage Larry Wolf, Specialty Products Manager, Franklin American Mortgage 1:00 p.m. Conference Ends Conference Schedule Subject to Change. For More Information, Including Exhibitor Information visit Page 5 of 5