Representative Experience
    • Pamela Michaels v. Homecomings Financial, LLC, et al., CV-2007-900160 (Ala.)
      Obtained summary judgment in favor of the defendant lender wherein all claims of the plaintiff against the defendant lender were dismissed with prejudice. Plaintiff borrower filed suit against defendant lender for breach of contract, fraud, fraudulent inducement, fraudulent suppression and negligence, alleging, among other things, that the defendant lender orally misrepresented the terms of her $1 million mortgage loan. The case/defense presented a difficult and unique application of the statute of frauds. Plaintiff subsequently appealed, but after extensive briefing, the court denied the plaintiff’s appeal and affirmed the trial court’s judgment.

      Regulatory changes
      Advise some of the nation’s largest financial institutions in the legal and operational implementation of significant regulatory changes, including the Mortgage Servicing Final Rules in Regulations X and Z and the TILA-RESPA Integrated Disclosure Rule.

      Consumer Financial Protection Bureau (CFPB) examinations
      Advise some of the nation’s largest financial institutions in preparing and managing CFPB examinations, including examinations on compliance management systems, servicing, debt collection, sales practices and Know Before You Owe.

      Consumer Financial Protection Bureau (CFPB) investigations
      Represented a servicer in a CFPB investigation into allegations of noncompliance with consumer financial protection laws.

      Consumer Financial Protection Bureau (CFPB) supervisory letters
      Represented some of the nation’s largest financial institutions related to PARR and NORA letter responses.

      Multiple standardized affidavits of indebtedness cases
      Represented multiple clients in the development of standardized affidavits of indebtedness in all judicial foreclosure states, taking into account state and federal laws and judicial administrative orders.