Client Types & Services
FinTechs
Newer Fintech companies typically develop technologies that improve efficiency and data quality throughout the lifecycle of a loan, but the leadership may not be fully informed of the highly regulated environment in which they…
Privacy & Open Banking
Numerous websites and mobile applications initially started collecting many types of consumer data (e.g., location data, shopping activities, web sites visited) and selling it…
Mortgage & Consumer Lenders
Creating or offering new loan products, expanding a footprint or forming a new lender could create many issues to consider such as, for example, licensing, risk and compliance…
Lead Generators
Depending on the types of information displayed to consumers and collected from them by lead generators, various federal and state regulations could apply…
Investors & Due Diligence
Investors and RMBS participants must understand and properly assess the regulatory risk of loans they purchase and loans that are securitized in publicly rated deals. Appropriate disclosures and representations and warranties are critical…
Community Development Financial Institutions
CDFIs serve an integral role in helping certain low-income and minority populations obtain adequate access to credit. To become a certified CDFI, lenders must meet…
Examination & Enforcement Response
Regulated entities such as banks and state licensed lenders (and others subject to routine examination) may be examined once every few years or even several times in a single year. Regulators use many risk factors to determine exam frequency and…
Servicers & Servicing
Servicers have been a primary target of CFPB rule making and enforcement actions since the CFPB was established...
Banking Partnerships
The advent of services offered through financing programs and technologies developed by non-depositories, such as point of sales technologies to finance the purchase of retail goods and consumer services...
Community Reinvestment Act
The Community Reinvestment Act (“CRA”) was enacted in the 70’s to encourage certain depositories to provide various financial services and products to borrowers...
Small Business Lenders
Many small business owners obtain loans from traditional sources such as their local banks but also from online lenders and other alternative arrangements...
