Offit Kurman and Strategic Compliance Partners (SCP) Combining Services For Lenders
For Immediate Release
January 27, 2020
Strategic Compliance Partners (SCP) has announced that it will be combining forces with Offit Kurman to service its mortgage banker clientele. This change, effective March 1, will augment SCP’s current staff and services with those of Offit Kurman’s Financial Institutions Regulatory practice. It will afford clients the benefits of a flat fee holistic compliance engagement complemented by integration with Offit Kurman, a full-service law firm with well over 200 lawyers, including a Financial Institutions Regulatory practice that represents lenders nationwide.
Ari Karen, a partner at Offit Kurman and CEO of Strategic Compliance Partners explained “it combines the best of both worlds for our clients. It allows them to work with their current consultants on their compliance projects while streamlining and better integrating Offit Kurman’s legal expertise into its engagements.” Daniella Casseres, the head of Offit Kurman’s Financial Institutions Regulatory practice, added: “the most tangible benefits to clients will be the fact that Offit Kurman will now provide certain services that SCP could not, and do so under the protection of the attorney-client privilege.”
Importantly, this change does not mean the end of SCP. In fact, over the past 2 years, SCP has increasingly been focusing its business on servicing mortgage brokers. With this change, it will allow SCP to focus more exclusively on this growing part of its client base, while continuing to offer products for all lenders, such as ShareDiligence, and Real-Time Policies.
Ted Offit, Offit Kurman’s Chairman summed up the change: “it will allow both SCP and Offit Kurman to do what they each do best, streamline and enhance client engagements, and strengthen the performance of both companies. It’s a win-win-win all around.”
For more information contact Leslie Benjamin at 301-578-6002
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