Donald C. Lampe
Banking + Financial Services, Financial Institutions + Financial Services, Fair Lending, and Mortgage
The consumer protection landscape has undergone unprecedented reform with the passage of the Dodd-Frank Act and the creation of a new federal regulator, the Consumer Financial Protection Bureau (CFPB). Financial companies, banks and non-banks alike, engaged in consumer mortgage activities face transformational change as the CFPB oversees every aspect of the mortgage market, from origination, to underwriting, to servicing.
The Mortgage Bankers Association has published The CFPB Examination Resource Guide, as part of its MBA Compliance Essentials series. This guide provides the practical tools and resources to prepare for and navigate the CFPB’s expansive examination process.
Developed by Partners Donald Lampe and Leonard Chanin and Associate Ashley Hutto-Schultz from Morrison & Foerster’s Financial Services Group, this guide delivers critical insight into the examination process while highlighting key issues and areas of focus of the CFPB. You will find practical observations on interacting with examiners, along with useful checklists to ensure your business is exam-ready. Overall, this guide provides the most comprehensive step-by-step commentary on the CFPB’s examination process now available in a single source.
The CFPB Examination Resource Guide will help your business be organized and prepared for CFPB supervision and examination activities, taking into account the size and scope of your operations and compliance resources.
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