The needs of banks can vary based on asset size and complexity, as well as their regulator(s). We work with banks of all sizes including community banks, regional banks and large national banks to develop cost effective solutions that fit an individual client’s situation. Our banking expertise includes industry experience as former bankers and bank regulators; enforcement and remediation legal experience in the banking sector; and years of consulting on a wide range of engagements.
We have brought together a highly qualified team of mortgage professionals who have had significant professional success in mortgage origination, processing and underwriting, secondary marketing and securitization, due diligence; mortgage servicing, mortgage operations, internal audit and quality control. This broad and deep mortgage specific experience, combined with our regulatory compliance ,internal audit, fair lending, loan review and litigation support expertise distinguishes us from other alternatives.
Our focus is on those fintech organizations that are involved in lending including mortgages, student loans, consumer installment debt (whether secured or unsecured) and small business loans. Our services have been provided to the fintech directly, to a bank partner, through a law firm providing legal advice to these organizations, or on behalf of other funders, either those providing capital to the company itself or investors in the loans.
The consumer finance segment is very diverse and includes auto finance, student loans, credit cards, payday lenders, debt collectors, and money service businesses, among others. The Consumer Financial Protection Bureau (CFPB) mandate includes rule-making governing consumer finance markets to ensure that laws and regulations are followed. In addition to working with non-bank mortgage lenders and servicers, we are increasingly working with other non-bank, non-depository financial services providers to ensure they are in compliance.
Litigation Support Firms
We also partner with other experts and litigation support firms to provide evaluation of loan modifications, re-underwriting of mortgage loan files, evaluations of commercial lending transactions, and other file reviews and analyses.