Friday, March 30 at 1pm ET

Increasingly, lenders are looking to form permanent business arrangements to facilitate cross selling opportunities. Recent legal decisions, including the PHH case and developing trends can assist lenders in successfully evaluating and setting up these ventures.

Hear from the Offit Kurman Financial Institutions Regulatory Group, as they discuss marketing, referrals, and joint ventures from a legal and risk perspective.

Key Points:

• Evaluating the legal developments regarding marketing, referrals, and joint ventures
• Setting up joint ventures to facilitate success without regulatory risk
• Considerations in licensing, incorporating and forming joint ventures
• How to avoid legal pitfalls when marketing and referring business between affiliated businesses

ABOUT THE PRESENTER

Wayne Watkinson
Principal, Financial Institutions Regulatory Group, Offit Kurman

Wayne Watkinson is an attorney whose practice, since 1996, has concentrated on representing mortgage lenders and brokers and depositories in compliance, transactional, corporate and litigation matters. In addition, he assists clients in establishing mortgage companies, in obtaining mortgage banking licenses throughout the country, in preparing for and responding to state licensing examinations, and in defending administrative enforcement actions.

He previously served for ten years as Deputy Attorney General assigned to represent the New Jersey Banking Department and as a regulatory officer with the NJ Banking Department. In these roles, he assisted the Department in drafting the Interstate Banking and Branching Act, L. 1996, c. 17, the law which permitted foreign and out-of-state banks to branch into New Jersey for the first time, and the Licensed Lenders Act, L. 1996, c.157, the law which regulated mortgage bankers and brokers, consumer lenders and sales finance companies. His responsibilities with the Department also included providing agency advice, representing the Department in litigation and enforcement matters, drafting regulations, and reviewing proposed legislation.