Regulatory Affairs Practice
Padgett Law Group’s Regulatory Affairs Practice is led by Marissa Yaker, Esq. and provides industry-specific regulatory review and advisory services to financial institutions as they seek to understand, comply, and adjust operationally to changing federal and agency regulatory requirements. Our regulatory compliance reviews and action plans can be targeted to specific agencies, national processes and relevant procedural reviews, or in response to specific regulatory rule-making, changing interpretations, or moratoria.
Clients include banks, credit unions, investors, and other financial institutions;
mortgage servicers, sub-servicers, and special servicers; real estate-owned disposition and asset management companies; technology providers with servicing, case management, or invoicing platforms; and other stakeholders in the broader mortgage servicing industry.
Our Regulatory Affairs practice is engaged by specific project and through subscription-based retainer so you maintain access to ongoing updates, the firm's online resource portal, and can provide staff-level access to devoted regulatory affairs webinars and training events.
How mortgage servicers, vendors, and other industry stakeholders engage PLG's regulatory affairs practice today.
REGULATORY REVIEWS FOR LARGE AND SMALL INSTITUTIONS
Review of current regulatory letters to consumers to ensure compliance with applicable federal regulations and agency servicing guidelines.
Review of policies and procedures as it relates to ensuring compliance with the recent amendments to Regulation X (12 CFR 1024.41).
TRAINING, TRACKING, AND TOOL DEVELOPMENT FOR STAFF
Assisting with developing and rolling out checklists and additional compliance tools to achieve internal compliance.
Developing print and web-based training materials for staff based on checklists and compliance tools used in loss mit waterfalls.
MESSAGE DEVELOPMENT AND REGULATORY OUTREACH
Consulting on message development, refinement, and positioning for regulatory affairs outreach.
Coordinating and conducting outreach to regulators and law makers for meetings, feedback, and industry considerations.
THE INDUSTRY'S MOST RECOGNIZED LEADER IN REGULATORY AFFAIRS
When you engage Padgett's Regulatory Affairs practice, you get Marissa Yaker, Esq. as an extension of your in-house efforts to meet the rigors of today's compliance requirements and be face-forward with agencies.
Agency and Regulatory Focus
Our subject matter areas of focus include the CFPB, FHA, FHFA, USDA, HUD, and VA servicing compliance and guidance as well as major federal laws and regulations including RESPA and FDCPA among others.
Un-Matched, Actionable Deliverables
Our reviews of your applicable policies and procedures will assist you in being federally compliant. Use our checklists and training to maximize your internal updates and roll-out of policy and procedural changes.
Departments We Support
PLG's Regulatory Affairs practices supports Compliance, Foreclosure, Loss Mitigation, Claims, REO, Title, and Eviction Departments as well as offices of General Counsels.
Continued, On-going Access
Our trainings and webinars are recorded and you will receive access to our Regulatory Affairs mailing list and online resource center.
About Marissa Yaker, Esq.
Marissa Yaker, Esq. leads Padgett Law Group's Regulatory Affairs practice. She is one of the industry's most visible regulatory affairs and compliance practitioners and a highly sought-after speaker, author, and advocate. Marissa is a member of the Mortgage Bankers Association’s FHA Sub-Committee and Loan Administration Committee; the Florida Bar Grievance Committee; the American Legal & Financial Network’s Women in Legal Leadership (WILL) and Junior Professionals & Executives Group (JPEG); and a previous Chair of Legal League’s Special Working Initiatives Group.
Additionally, Marissa was recently sworn in to the United States Supreme Court as a member on December 9, 2019. In 2020 and 2021 she was recognized by DS News as one of the Top 25 Women in Law. In 2020 was awarded the Outstanding Young Professional to Watch award from ALFN and the Five Star's Women in Housing Rising Business Leader Award. Read her full biography here.