What's Around the Corner in RESPA Section 8?

Webinar | December.16.2020 | 2pm - 3pm (Eastern Standard Time)

As we move to a new administration — and an expected increase in regulatory enforcement for financial services — Section 8 of the Real Estate Settlement Procedures Act may again move to the front burner.

Orrick attorneys Joe Kolar, Clint Rockwell and Jon Langlois highlighted the impact and potential consequences of a new administration on RESPA Section 8 — particularly on lead generation, marketing services agreements, and portfolio retention and recapture.

About the series | Foresight 20/21: What to Expect in a Biden Administration

Keep an eye out for future webcasts covering:

Mortgage origination
Nonmortgage products (auto,small business, credit card, and student loans)
Fair Lending Program Tune-Up
Mortgage servicing and LEP
The Community Reinvestment Act

Speakers

Joseph Kolar Partner, Financial & Fintech Advisory, Strategic Advisory & Government Enforcement (SAGE)

Washington, D.C.

See my bio

D:+1 202 349 8020
E: [email protected]

Practice:

Financial & Fintech Advisory
Strategic Advisory & Government Enforcement (SAGE)
Fintech

vCard

See full bio

Joseph Kolar Partner

Washington, D.C.

In addition to closely monitoring the regulatory and enforcement activity of the Consumer Financial Protection Bureau (CFPB), Joe advises on Federal Housing Administration-insured and Department of Veterans Affairs-guaranteed single-family loan programs, Ginnie Mae guaranteed securities programs and the programs and policies of Fannie Mae and Freddie Mac as they relate to loan origination, servicing, and secondary market transactions. In addition, Joe frequently represents mortgage lenders and others in negotiating joint ventures, marketing and internet origination agreements, vendor agreements, as well as other contracts used or needed by a wide variety of financial services companies.

He is a member of the Consumer Financial Services Committee of the American Bar Association, where he is a past Co-chair of the Housing Finance and RESPA Subcommittee, and a member of the American College of Consumer Financial Services Lawyers. Prior to practicing law, Joe worked as a staff member for former U.S. Representative Jim Leach (R-IA).

Joe currently serves on the Board of Directors of the Legal Counsel for the Elderly, which is associated with AARP, and of Samaritan Ministry of Greater Washington. He was President of the Kolar Charitable Foundation at Buckley.

Clinton Rockwell Partner, Financial & Fintech Advisory, Strategic Advisory & Government Enforcement (SAGE)

Santa Monica; San Francisco

See my bio

D:+1 310 424 3901
E: [email protected]

Practice:

Financial & Fintech Advisory
Strategic Advisory & Government Enforcement (SAGE)
Fintech

vCard

See full bio

Clinton Rockwell Partner

Santa Monica; San Francisco

Clint leads Orrick’s Financial & Fintech Advisory practice, a team that delivers synthesized regulatory, enforcement and transactional advice to more than 700 fintech market participants, as well as other leading financial institutions and funds.

Since 2010, Clint has been featured as a leading advisor in Chambers USA in the area of Financial Services Regulation: Consumer Finance (Compliance). Chambers has described him as "very adept at seeing legal issues from a business perspective and very good at protecting the interests of his client … a phenomenal lawyer." He is a member of the American Bar Association Consumer Financial Services Committee, the University of London Post Graduate Law Society and the Bentham Society at University College London.

Clint was one of the original members of Buckley Kolar LLP and served as Co-Managing Partner and a member of the partner board at Buckley LLP. Prior to joining Buckley, he was with Goodwin Procter LLP in Washington, D.C.

Jon Langlois Partner, Financial & Fintech Advisory, Strategic Advisory & Government Enforcement (SAGE)

Washington, D.C.

See my bio

D:+1 202 349 8045
E: [email protected]

Practice:

Financial & Fintech Advisory
Strategic Advisory & Government Enforcement (SAGE)
Fintech

vCard

See full bio

Jon Langlois Partner

Washington, D.C.

He represents banks, nonbanks, fintechs, private equity and other financial services companies in a variety of corporate and transactional matters, particularly those involving residential mortgage and consumer loans, mortgage servicing rights, and servicing and subservicing relationships. He combines practical strategic advice with a deep knowledge of consumer lending and servicing to provide efficient, successful results.

In addition to his transaction practice, Jon assists clients on a wide range of regulatory issues, including compliance with key consumer financial laws, such as the Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Fair Debt Collection Practices Act (FDCPA), unfair, deceptive, or abusive acts and practices (UDAAP), and other consumer protection issues.

Prior to joining Orrick, Jon was a partner at Buckley LLP. While in law school, he was a Legislative Analyst with Wilmer Cutler Pickering Hale and Dorr LLP, and a Government Affairs Representative with the American Financial Services Association.