Amanda Phillips, EVP Legal and Regulatory Compliance at Mortgage Cadence received the Women of Influence 2016 recognition for guiding Mortgage Cadence through the largest regulation change in 30 years.
In preparation for the TRID effective date last fall, Amanda Phillips led Mortgage Cadence’s product and compliance teams that reviewed the final TILA-RESPA Integrated Disclosure Rule and drafted requirements on system enhancements. Over 14 months prior to the TRID effective date, Phillips traveled to Washington, D.C. to meet with the CFPB leaders and discuss the new rule first hand. Throughout this process, Phillips worked with outside legal counsel, MBA, and MISMO, participated in CFPB roundtables and webinars, and met with other advisors in the industry to validate the company’s proposed implementation of the rule.