McGlinchey’s mortgage lending compliance team, comprising responsive and innovative attorneys, has a deep understanding of state and federal regulatory compliance issues affecting the mortgage and housing finance industry.
Mortgage lending is one of the most highly regulated industries in the U.S. In their efforts to protect borrowers in their transactions with lenders, the federal and state governments have enacted a veritable alphabet soup of regulations – and mortgage lenders must comply with all of them.
In this high-stakes regulatory environment, every lender, servicer broker, and other participant in the housing finance transaction needs experienced and knowledgeable legal professionals on their side to ensure that they are operating in compliance with a complex set of laws and regulations. McGlinchey’s mortgage lending compliance team has that knowledge and experience.
From the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA), the Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act, and the Homeowners Protection Act at the federal level, to the myriad of state laws impacting mortgage origination and servicing, McGlinchey attorneys are fluent in the language of mortgage lending compliance.
Our cross-disciplinary team of attorneys offers a wide range of transactional, regulatory compliance, and litigation services. We represent mortgage lenders, mortgage servicers, secondary market purchasers, settlement service providers, lead generators, online marketplaces, and various related financial institutions, as well as national and state mortgage trade associations. Clients rely on us for regulatory compliance advice and documentation, licensing advice, preparation and review of policies and procedures, designing and implementing effective compliance management systems, transactional and administrative counsel, audit assistance, examination response assistance, and guidance on all other aspects of mortgage origination and servicing.
McGlinchey has earned a reputation as a national leader in financial services law. A full-service law firm serving the financial industry, we pride ourselves on ensuring that our clients’ financing programs move forward smoothly and efficiently. We create documentation for numerous lender-consumer transactions and draft the full gamut of housing finance agreements, including loan purchase/sale agreements, servicing agreements, indemnity agreements, and marketing agreements. Unique in the depth and breadth of our attorneys’ knowledge of federal and state regulations, McGlinchey’s mortgage lending compliance team routinely handles complex, multi-state matters smoothly and efficiently. We work hard to keep our clients in compliance throughout the life cycle of each loan and collaborate with our clients to understand their business goals and help them remain on the right side of regulations while achieving those goals.