Individuals and businesses working in the mortgage brokerage and lending industries have been subject to state and federal oversight for many decades, but it has only been in the post-2008 era that the amount and stringency of such oversight has reached the fever pitch level it is at today. With ever increasing competition for customers in the mortgage brokerage and lending market, your business cannot afford the penalties and reputation damage that arise from failing to comply with state and federal standards. At The Bernard Law Group, our mortgage compliance attorneys have many years of experience working with and advising parties in all sectors of the real estate industry, including mortgage brokers and lenders, and we have the experience to make sure that your mortgage brokerage and lending business is in compliance with all applicable federal and state standards.
Ensuring Compliance with Federal Mortgage Standards
For over a decade, lead attorney Wendy Bernard has served as both in-house and outside counsel to numerous Connecticut institutions in the mortgage broker and lending industry, helping those institutions thrive and comply with increasingly complex federal and state laws, regulations and rules. The mortgage compliance attorneys at The Bernard Law Group are dedicated to helping ensure their mortgage lender and broker clients proactively respond to and meet applicable state and federal mortgage compliance standards in the following areas:
- Truth-in-Lending Act Disclosure Requirements
- Regulation Z Issues (federal prohibitions on unfair, abusive, or deceptive lending practices)
- Anti-Money Laundering Requirements
- Dodd-Frank Requirements for Appraisal Management Company Practices
- Real Estate Settlement Procedure Act (RESPA) Requirements (federal prohibitions on kickbacks and bad faith transactions)
- Consumer Protection Financial Bureau (CPFB) Mortgage-Related Requirements and Notifications
- Federal Housing Administration (FHA) Licensing Standards and Procedures
Meeting Your Connecticut Compliance Standard Needs
For over a decade, lead attorney Wendy Bernard has served as both in-house and outside counsel to numerous Connecticut institutions in the mortgage brokerage and lending industry, helping those institutions thrive and comply with increasingly complex and comprehensive state regulations and standards. The mortgage compliance attorneys at The Bernard Law Group are dedicated to helping their ensure mortgage and brokerage clients proactively respond to and meet all Connecticut mortgage compliance standards in the following areas:
- Establishment of a Comprehensive Compliance Management System
- SAFE Act Licensing for new and existing Brokers and Lenders
- Mortgage Call Reports and NMLS Account Management
- Anti-Money Laundering Compliance and Annual Training
- Mortgage Advertising Practices and Requirements
- RESPA and Affiliated Business Arrangements
- Responding to and Resolving Customer Complaints
- Mortgage Broker and Lender Policies and Procedures
- Audit and Examination Preparation and Defense
- Volume of Operations Report (VOOR) New York
- Vendor and Third Party Management
Contact Us Today For Help With Your Mortgage Lender and Broker Compliance Needs
At The Bernard Law Group, our attorneys have the experience, knowledge, and dedication to client service to make sure your mortgage lending or broker operation is in compliance with applicable state and federal compliance requirements. Call us today to see what our mortgage compliance attorneys can do for you.