Legal Blog

Compensation and Compliance Matters: Avoiding Compliance Blind Spots

The Consumer Financial Protection Bureau recently issued general policy objectives, which included goals related to mortgages. The main focus of the CFPB’s efforts has been multipronged: to increase its education campaign aimed at improving consumer understanding of the role that ability-to-repay occupies in lending decisions; to integrate the capability of financial decision-making into the lending process; and, last, to investigate and enforce fair lending violations.

Click here to read the entire article on National Mortgage News.
akaren@offitkurman.com  | 240.507.1740 Ari Karen is an experienced litigator and speaker who has focused his practice in representing financial institutions in both government investigations and litigation before state and federal trial and appellate courts nationwide. Mr. Karen’s practice is diverse, representing clients on matters concerning banking regulations, Dodd Frank financial reform laws, contractual disputes, employment and labor statutes, wage-hour class actions, employment discrimination and fair lending matters, whistleblower complaints and non-competition claims, among others.

 

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