Webinar: Learning From the Guaranteed Rate Decision Why Every Lender Must Evaluate Their Hiring Practices on April 29th

The $25 million jury verdict against Guaranteed Rate involved common hiring practices and every Lender should take notice. Without realizing it, Lenders are routinely and unnecessarily exposing themselves to million dollar liabilities and fines for hiring practices that are or may encourage unlawful activity, including violations of TILA, Reg Z, GLBA, and liabilities for fiduciary violations and improper solicitation. Worse, these are liabilities that are completely unnecessary and do little to promote revenue or volume.

Hear from Ari Karen and Daniella Casseres, Attorneys from the Offit Kurman Financial Institutions Regulatory Practice Group, as they provide Lenders with critical information that can be the difference between success and failure in recruiting and hiring branch managers and loan officers. Plus, learn what options exist to protect your company against improper actions of competitors. Mr. Karen and Ms. Casseres will also discuss strategies on how to achieve your goals of hiring a loan officer while minimizing the risks.

Online Webinar April 26, 2016 |  12:00 PM EDT


Additional Topics include:

  • Common mistakes that create liability and regulatory risk in hiring production staff
  • Structuring proper hiring incentives for production staff
  • How to properly and compliantly transfer existing borrowers
  • Simultaneously recruiting multiple employees and branch managers
  • Evaluating and overcoming with restrictive covenants

About Our Presenters:  | 240.507.1740 Ari Karen  is an experienced litigator who focuses his practice in representing financial institutions in both government investigations and litigation before state and federal trial and appellate courts nationwide.  He represents 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.  Mr. Karen is a Principal in Offit Kurman’s Financial Institutions Regulatory and Labor and Employment practice groups, as well as the CEO of Strategic Compliance Partners (SCP). Daniella Casseres | 703. 745.1811 Daniella Casseres is an attorney in Offit Kurman’s Financial Institutions Regulatory Practice Group. Her legal practice focuses on laws and regulations governing mortgage lenders, mortgage brokers, financial institutions and consumer finance companies.  Ms. Casseres regularly advises clients on state and federal compliance laws and regulations including fair lending, advertising, licensing, privacy, TILA, RESPA, FHA, SAFE Act, FCRA, GLBA, and BSA requirements.  She also represents clients in federal and state regulatory investigations, and assists in related litigation matters.