In our Hot Topic this week we have Jack Konyk, Executive Director of Government Affairs @ Weiner Brodsky Kider PC to discuss what changes in DC that the new Administration made in leadership of the various federal agencies that impact mortgage lending, and what effects have those changes seem to have had? As well as what, if anything, are we likely to see from this Congress in terms of new legislation affecting the industry, and what might the outcome of the upcoming election be on the likelihood of such things in the next Congress? And finally, what are some of the things that lenders should be concentrating on in order to best position themselves to minimize their regulatory risk?
Want to know more about Jack Konyk,?
Mr. Konyk is Executive Director of Government Affairs at Washington DC-based Weiner Brodsky Kider PC, one of the nation’s leading law firms practicing in the financial services area.
Jack has over four decades of financial services experience, having held a wide array of front-line and back-office positions in consumer banking and lending disciplines with a concentration in all aspects of mortgage finance. Prior to joining Weiner Brodsky Kider, he spent 14 years at National City Bank, now merged into PNC, where he held a variety of senior-level managerial positions in regulatory compliance, enterprise risk management, and public and government affairs manager, for a number of National City’s consumer lending entities, most notably National City Mortgage. His prior experience included similar positions at other significant financial institutions, including the likes of Integra Bank and Mellon Bank.
Jack is an active participant in industry trade associations as well, a frequent speaker at conferences and seminars across the country, and a prominent voice for the industry with legislators and regulators at all levels of government. He is a past member of the Mortgage Bankers Association’s Board of Directors, is past Chair of its State and Local Legislative and Regulatory Committee, past Regulatory Compliance Vice-Chair of its Legal Issues, Quality Assurance and Regulatory Compliance Committee, a past member of its Residential Board of Governors, and remains an active member of a number of MBA committees. Jack is also Past Chairman of the American Association of Residential Mortgage Regulators’ Industry Advisory Council and has had significant involvement with the Financial Services Roundtable, the Housing Policy Council, and the American Bankers Association’s Mortgage Markets Committee.