CLOSING SUPER SESSION: Regulatory Compliance (Closed to Media)

Chief Legal Officer and Enterprise Risk Officer, MLD Mortgage, Inc. d/b/a The Money Store

Corporate legal counsel, with over 25 years legal, compliance, and risk management experience in financial services. Exceptional expertise in financial services industry successfully handling multiple responsibilities, managing litigation, overseeing outside counsel with total attention to detail and follow-through, in fast paced rapidly evolving environments. Skilled at negotiating agreements, advising on legal aspects of financial laws and regulations such as TILA, including QM/ATR, LO comp, and TRID, RESPA, ECOA, FCRA, HMDA, fair lending, licensing, compliance auditing, marketing, advertising managing regulatory and consumer complaints, federal, state, and investor exam management, due diligence, quality control/quality assurance, compliance risk assessments, enterprise risk management.

Managing Director & General Counsel, CrossCheck Compliance LLC

Monika brings her passion for building relationships and connecting people to the company’s business development activities. Her unique experience as both in-house counsel and outside counsel working with public, private and start-up companies enables her to add valuable insight to CrossCheck’s engagements with mortgage companies, banks, credit unions and fintech companies. Her work frequently involves partnering directly with in-house counsel and outside counsel to provide strategic advice and help clients both mitigate risk and cost effectively scope engagements. As general counsel, Monika advises the firm on ethics, conflicts of interest, governance, internal controls, risk management issues, contracts, and vendor management and provides guidance on client matters.

Partner, Cooley LLP

Goodman provides financial services clients with advice that pertains to every stage of the business life cycle – from formation to enforcement. She provides strategic licensing and regulatory guidance to emerging companies and private investors to identify and secure the regulatory approvals necessary to achieve operational goals. She has extensive experience advising state-licensed companies and private equity investors on regulatory considerations related to mergers and acquisitions. Goodman also advises banks, consumer and commercial lenders, and fintech companies on state and federal compliance requirements. In addition, Goodman represents clients in a wide range of matters before state and federal regulators, including government investigations and enforcement actions brought by state banking agencies, the Consumer Financial Protection Bureau (CFPB), the Department of Housing and Urban Development (HUD), and the Department of Justice.

Attorney at Law, McGlinchey Stafford

James “Jim” Milano helps financial institutions – mortgage companies, banking institutions, secondary market investors, consumer finance companies, and settlement service providers – comply with federal and state lending regulations. He guides clients in navigating digital marketing rules under the Real Estate Settlement Procedures Act (RESPA) and advises lenders and servicers in implementing and complying with the Federal Housing Administration’s Home Equity Mortgage Conversion (HECM) program. Jim also assists home equity access startups with home equity and appreciation sharing products and sales leaseback programs: designing programs, obtaining regulatory approvals, and taking them through initial and subsequent capital raises As one of the country’s leading lawyers in reverse mortgage law, Jim regularly reviews and designs proprietary reverse mortgage loan programs. He also works with lenders, servicers, and settlement service providers, including Appraisal Management Companies, to resolve federal and state regulatory investigations, including defending and settling civil disciplinary enforcement actions. In the early 2000s, Jim helped design and structure a patented Sharia-compliant declining balance co-ownership financing arrangement. Clients appreciate his dependability, commitment to their success, and determination to identify and mitigate the risks inherent to mortgage programs while ensuring compliance with an ever-evolving body of federal and state regulations.

Managing Director, Conforma Compliance Group LLC

Alfred Pitzner is a co-founder of Conforma Compliance Group, a practice providing regulatory management services to mortgage lenders. He leads the risk assessment, compliance strategy, CMS/CMP creation and cross-functional implementation for our clients. Having begun his career as an MLO, before moving to lead the compliance and litigation management function at one of the most established mortgage lenders and servicers in the Midwest, Pitzner has a deep understanding of business units, their concerns, and their needs. He built a compliance management system and program from the ground up at a time when the term CMS was new. Pitzner managed over 200 examinations conducted by HUD, VA, FNMA, FHLMC, GNMA, OIG and various state banking departments from California to New York. He participated in over 100 mediations and settlement conferences, bringing the vast majority to successful resolutions. Pitzner also argued positions with the DOJ, HUD, GNMA, FNMA and FHMLC as well as in state and federal court. He brings a solid understanding of compliance related risk and a deep expertise in creating effective compliance solutions that create business value.

Partner, SeldenLindeke LLP

R. Colgate Selden is a co-founding partner at SeldenLindeke LLP. The law firm counsels clients on regulatory legal, licensing, supervision, enforcement and litigation matters. Prior to SeldenLindeke LLP, Colgate was a partner at two international law firms and was the head of regulatory legal, compliance and risk for all product, origination, privacy and secondary market activities at a fintech and loan fulfillment provider. Colgate was also a senior counsel at the CFPB where he helped to write LO Comp, ATR, TRID, HELOC, Privacy, Debt Collection and AMTPA rules. Additionally, he was the CFPB lead for TILA mortgage, Privacy and FDCPA inquiries submitted to the CFPB and a member of the RESPA policy team. His CFPB, in-house, and law firm experiences provide a unique vantage point for clients.

Partner, Spencer Fane LLP

Mike G. Silver is a financial services and FinTech advisor and thought leader who helps clients navigate regulatory labyrinths and uncertainties. Drawing on more than two decades of private and public sector experience in the nation’s capital, Mike counsels mortgage lenders, banks, FinTech, and other financial services clients on regulatory compliance, product counseling, and policy advocacy. His multifaceted experience inside and outside the federal government allows him to best position clients to achieve their business objectives in an ever-evolving regulatory environment. Mike is one of the founding members of the Consumer Financial Protection Bureau (CFPB) Regulations Office and led the agency’s RESPA Section 8 policy work and write the Loan Originator Compensation and TRID Rules.

Partner, Husch Blackwell LLP

Leslie advises financial institutions and mortgage companies on the complex web of federal law that regulates the financial services industry. Leslie provides a variety of lenders with a comprehensive understanding of how federal laws and regulations impact their business operations. She guides clients around and through the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act, RESPA, TILA, TRID, Loan Originator Compensation Rule, FCRA, ECOA, HMDA, UDAAP prohibitions, as well as fair lending and financial privacy laws, and other consumer finance regulatory matters. Leslie also assists companies in successfully navigating supervisory examinations and counsels on the requirements of the CFPB, FTC, GSEs, FHA, and VA.