Wednesday, September 18th
Birchwood NEMBC Golf Tournament - Newport Country Club (8:30 AM Shotgun Start)
The conference gets off to a spectacular start with a 9:00 A.M. shotgun at the historic Newport Country Club.
Originally established in 1894 Newport Country Club is often considered the first golf course in North America.
It has been listed by the USGA as one of the first 100 Clubs in America – Golf Digest has rated this links style
gem as the 2nd best links-style courses in North America. Golf Week chose Newport Country Club as
“America’s 100 best classed courses”. Both the U.S. Open and the U.S. Amateur were held there in 1895 and
the U.S. Women’s Open and 2006. Come a little early and enjoy a continental breakfast. Awards will be
awarded during an hors d’oeuvres reception.
Freddie Mac Training Workshop (10:00 -11:45)
Providing Greater Purchase Certainty
Join Freddie Mac’s National Trainer for an informative workshop on our new and enhanced technology tools
that help ensure the loans you sell to Freddie Mac meet our purchase requirements. In addition, we will
address the top New England underwriting topics, provide in depth training on income and employment, focus
on what's new in Loan Prospector, and discuss the latest updates on the CFPB’s QM rule.
Fannie Mae Training Workshop (12:45 -2:30)
Join representatives from Fannie Mae for a special training. Topics covered will be: Rep and Warrant
Framework, Post Purchase File Review process, Early Check and guidance on QM. Attend this training and
learn how our tools can help lenders deliver eligible loans to Fannie Mae.
Exhibit Hall (2:00 -5:00)
Take advantage of the two-day marketplace and visit with 59 exhibiting firms providing you with the mortgage
industry’s latest products and services.
SELLING SERVICING RELEASED - It IS NOT JUST ABOUT PRICE (3:30 PM -5:15 PM)
Join the discussion with our Servicing Released Panel Experts in learning how to remove funding barriers and
to hear what the top five reasons loans don't fund are. Understand why there are credit overlays and premium
recaptures. In addition, why should lenders reserve for loan repurchases and do you have a strategy in place
for potential buybacks? What are the pluses and minuses of selling Servicing Released and how do Early
Payment Defaults, pull through and quality control affect price? Do you know what your Representations and
Warranties are on the loan you just sold. Hear about the latest Technology Tools to keep you compliant. This
will be a fast paced, informative session that you will not want to miss if you are selling or considering selling
servicing released.
Moderator:
Kevin Mello, Director of Homeownership Servicing & Operations -MassHousing
Panelists for this program are:
Larry Avery, Director of Sales and Marketing -Birchwood Credit Services
Phil DeFronzo, President - Norcom Mortgage
Greg Korn, Vice President Wholesale Lending -Merrimack Mortgage
Paul Pouliot, First V.P./Mortgage Manager -Federal Home Loan Bank of Boston
Tom Romine, Senior Vice President, Correspondent Lending - U.S. Bank Home Mortgage
Gala Welcome Reception at Rosecliff (7:00 PM -11:00 PM)
Join us for the opening reception at the Rosecliff! Indulge yourself at one of Newport’s most elegant settings.
Enter Rosecliff with a flute of champagne. Listen to a band while catching up with industry professionals you
have not seen for a year or longer. Stroll outside for a walk along the ocean. Networking at its best in an
atmosphere reminiscent of a Gilded Age - truly an event of a lifetime and the heart of NEMBC 2013!
Thursday, September 19th
Opening Session (9:30 -10:45)
Lenders and Consumer Advocates: Co-Defining the Mortgage Market
Today’s public policy environment is aligning consumer advocates and mortgage banking professionals as
never before. They share similar values and concerns about the proposed QRM rule and the secondary market
proposals they produced have much in common. Both industry and consumer leaders hold a common vision
for a vibrant and stable mortgage market.
At the dynamic opening session, we'll hear from national leading voices for consumer advocates and mortgage
banking at the national and New England level as they discuss their top priorities going forward, areas of
agreement, and the inevitable areas of disagreement.
Jeffrey Markowitz, VP -Government and Industry Relations at Freddie Mac, will interview and lead a group of
“insiders” - Steve O’Connor, Senior Vice President of Public Policy and Industry Relations at the Mortgage
Bankers Association (MBA); Michael Calhoun, President at the Center for Responsible Lending and Carol
Bulman, CEO of Jack Conway Associates.
Profitability of Responsible Lending
Tom Gleason, MassHousing Executive Director and Vice President of the Board of Directors of the National
Council of State Housing Agencies (NCSHA).
MLO Sales Academy (11:00 AM - 4:30 PM)
The NEMBC welcomes loan originators and their invited REALTOR ® guests to our 1st annual NEMBC Sales
Academy. Attend our morning national sales speaker and afternoon sales sessions. All NEMBC attendees are
welcome to attend these programs!
Forging New Partnerships in a Demanding Market (11:00 AM –Noon)
As we transition from a refinance to a purchase market – many REALTORS® and loan originators have yet to
successfully work together for a better consumer experience. Attend this session and unlock the secrets of successful
relationships between lenders, REALTORs® and consumers. Elevate the value of services the REALTOR® and
loan officer provide and hear how top producers mutually respect, understand and support the professional
challenges of today’s demanding market!
11:00 AM - 5:00 PM
Marketplace Hall Opens
Take advantage of the two-day marketplace and visit with 59 exhibiting firms providing you with the mortgage
industry’s latest products and services.
Noon – 1:30 PM
Buffet Lunch
Stop and enjoy a buffet lunch before you continue through the marketplace. Make sure you visit each and
every one of the exhibit booths!
Afternoon Sessions: (1:00 PM – 4:30 PM)
Audit Panel –state banking audits (1:00 PM -2:00 PM)
FDIC, CFPB, NCUA, Federal Reserve, Division of Banks
What are the results? How are you integrating and coordinating? How are federal and states working together?
CFPB Update –Be on the Lookout…What do we know and what don’t we know? (2:15 PM -3:15 PM)
This program will focus on CFPB issues –including RESPA/TILA update and legal issues for disparate impact,
3rd party responsibilities and assumed guilt from consumer complaints and examinations.
Panel: Ruth Dillingham, Rich Hogan, Sean Mahoney, Carl Pry, Jeremy Potter, Chuck Iverson
Fair Lending Report Card – What should your priorities be in the next 12 months? (3:30 PM 4:30 PM)
Attend this program for an update on the latest in the regulatory arena. Where do you stand today?
The panel will discuss the top 3 items which needs to be on your calendar for the next year: risk
assessment, disparate impact, data analysis and being proactive for mystery shoppers and other
external tools that examiners are using. Panel: Sue Quilty (Moderator), Carl Pry, Galina Kirpichov,
Scott Kinsella, Mike Kemple
Realtors®, Lenders & Appraisers - Working Together for Success! (1:00 PM -3:15 PM)
What can Realtors®, Appraisers and Lenders learn from each other to reduce the obstacles that slow
down a sale and inhibit success? Join us for a lively panel discussion featuring representatives from…..
who will identify the issues each faces in a real estate transaction - focusing not only on areas of
potential conflict, but also the common ground that can reduce frustration and enhance success for all
involved. This interactive discussion will include a question and answer session with attendees.
(needs work & CE investigation)
What are the top 5 Issues facing you and your customers in 2014? (3:30 PM -4:30 PM)
Attend this program and receive an overview of issues which will directly impact consumers in the
next 12 months!
Evening: Midtown Oyster Bar & Grill (345 Thames Street)
New “hot” place to go in Newport.
Friday, September 20th
Frank Nothaft
Vice President & Chief Economist
Freddie Mac
Karl “Chip” Case
Professor of Economics Emeritus at Wellesley College
Founding Partner - Fiserv Case Shiller Weiss, Inc.
Join us Friday morning for a discussion on Housing and Economic Updates
What will interest rates and house prices look like in 2014? Will we see a purchase market replace a refinance dominated
market? What lies ahead for mortgage lenders and consumers? Attend our very popular Friday morning breakfast
meeting and hear from the housing and economic experts.