Morrison & Foerster regularly represents both banks and non-banks, including loan servicers, auto finance companies, student lenders, and other financial services providers, in regulatory compliance and administrative engagements, litigation, and complex business transactions. We have a team of lawyers at Morrison & Foerster who advise clients on fair lending examinations and enforcement matters across the spectrum of financial services products and services, and have developed unparalleled expertise and experience in this area.
Morrison & Foerster’s cross-disciplinary financial services practice includes one of the premier fair lending practices in the U.S. Our nationally-recognized fair lending professionals are deeply involved in helping clients address the ever-changing regulatory landscape, including new and revised regulations, interpretive bulletins, and informal guidance issued by the Consumer Financial Protection Bureau (CFPB), as well as agency enforcement actions, state attorneys general investigations, and private lawsuits. In doing so, we maintain strong relations with federal and state regulators, and we include two former CFPB regulators within our team of fair lending attorneys.
Our attorneys are technically adept, market-aware advisors to a broad range of clients facing today’s regulatory challenges, including new rules from the CFPB and issues arising under the Fair Housing Act, the Equal Credit Opportunity Act (ECOA), the Home Mortgage Disclosure Act (HMDA), and other applicable federal and state laws. Our fair lending team includes seasoned former financial services regulators and litigators with years of experience representing industry participants and other financial services companies in government investigations and agency enforcement proceedings, including responses to agency subpoenas and investigative demands.
We provide clients with the following services as their needs dictate:
MoFo named 2013 Law Firm of the Year by OpRisk magazine
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