Ballard Spahr LLP
Richard Andreano is the Practice Leader of Ballard Spahr’s Mortgage Banking Group. He has devoted more than 25 years of practice to financial services, mortgage banking and consumer finance law.
Andreano advises banks, lenders, brokers, home builders, title companies, real estate professionals and other settlement providers on regulatory compliance and transactional matters, Federal Housing Administration issues, and administrative enforcement actions and investigations. He also works with litigation counsel on devising strategies for defense of class action and other lawsuits involving regulatory claims. He is the principal contact for the firm in its role as federal consumer regulatory counsel to the Real Estate Services Providers Council, Inc.
Andreano counsels settlement service providers on issues concerning the Dodd-Frank Act, RESPA, TILA, ECOA, and others. He assists clients with preparing for and handling CFPB examinations and with a variety of regulatory issues.
Benjamin Olson, former Deputy Assistant Director for the Office of Regulations at the Consumer Financial Protection Bureau (CFPB), is a partner in the Washington, DC office of BuckleySandler LLP. His practice includes advising clients on several matters, including preparations for upcoming changes in regulations, particularly the CFPB’s final rule integrating mortgage origination disclosures under TILA and RESPA. He also advises on issues pertaining to examinations, investigations and enforcement actions by the CFPB and other regulators, particularly with respect to loan originator compensation, RESPA, Section 8 and mortgage servicing.
Prior to joining BuckleySandler, Olson managed over 40 regulatory attorneys and staff in the CFPB’s Office of Regulations, which is responsible for researching and analyzing legal and policy issues, drafting proposed and final rules and providing guidance to CFPB leadership and supervision and enforcement staff regarding consumer financial protection laws. In that capacity, he oversaw eight Dodd-Frank Act mortgage rulemakings, including the CFPB’s ability-to-repay/qualified mortgage rule, mortgage servicing rules and loan originator compensation rule, as well as two amendments to the CARD Act rules. Prior to that, he led the CFPB’s TILA-RESPA integrated disclosure, or “TRID” Rule.
Senior Director, Product Management
Lisa Bolelli, Senior Director of Product Management with ClosingCorp, has more than two decades of mortgage industry experience. Bolelli has built and managed nearly a dozen enterprise technology programs, including the development of eClosing solutions. She is a proven senior product management, mortgage solution strategy and technology leader with an established record of evolving complex products through the lifecycle from ideation, initial product launch and into maturity.
Bolelli is currently leading the product roadmap for changes and enhancements to comply with new disclosure requirements for the company’s Loan Estimate solution. As the chair of a MISMO workgroup and other leading industry teams, Bolelli represents the quintessential voice of the customer within ClosingCorp as she continues to move the company forward in its approach to solving industry challenges.