Mortgage Lending Compliance

How to make sure your Mortgage Lending Compliance program is working?Mortgage lending compliance

Whitcomb law provides legal advice to the residential mortgage lending industry.  Our attorneys can advise clients on a broad range of federal and state laws that govern real estate transactions, from lending and disclosure statutes to numerous federal and state laws and regulations, including:

 Community Reinvestment Act

  • Dodd-Frank Wall Street Reform and Consumer Protection Act
  • Equal Credit Opportunity Act
  • Fair Credit Reporting Act
  • Fair Debt Collection Practices Act
  • Fair Housing Act
  • Home Mortgage Disclosure Act
  • Home Ownership and Equity Protection Act
  • Real Estate Settlement Procedures Act
  • Truth in Lending Act
  • UDAP/UDAPP prohibitions
  • anti-predatory lending laws, and related requirements

From mortgage lending compliance monitoring to litigation, Whitcomb law and its affiliates can handle all of your legal needs.  We monitor the activities of the Consumer Financial Protection Bureau on a daily basis to keep our clients abreast of all of the Bureau’s activities, and assist our clients with implementing the latest federal and state laws and regulations.  We can also analyze clients’ policies and procedures for compliance with applicable federal and state laws, prepare industry comment letters on proposed regulations, conduct due diligence, conduct in-house training seminars, and design and evaluate internal compliance management systems.

If your company finds itself in mortgage lending litigation, Whitcomb law can also defend banking, mortgage lending, and consumer financial services institutions in federal and state consumer individual and class action litigation.  Our depth of experience in consumer finance litigation, combined with our understanding of how lending and other consumer financial services institutions operate, enables us to provide effective advice to clients that balances practical business considerations with minimizing risk.