Dodd Frank Update’s comprehensive webinar will give managers and compliance personnel the tools and information they need to help determine if their compensation structures fit the CFPB’s mold.
Donald Lampe, Partner at Morrison & Foerster LLP, alongside David Stein, Counsel at Bricker & Eckler LLP, will highlight the rule’s most difficult areas to navigate, while providing updates on recent CFPB enforcement and supervision trends. These experts will have you walking away knowing where the industry currently stands and the likelihood of future LO Comp enforcement.
- Common mistakes and pitfalls in compensation arrangements
- Lessons learned from CFPB LO Comp supervision and enforcement
- An overview of the rule and its key provisions
- Current industry compensation trends and practices
- Compliance tips for meaningful compensation
- And much more!
Order this educational webinar to help keep your compensation structures in compliance. Recording includes the full PowerPoint presentation along with related articles from October Research, LLC publications.
Morrison & Foerster LLP
Donald Lampe is a partner in the Financial Services Group of Morrison & Foerster, where he represents banks, mortgage companies, automotive finance companies, insurance underwriters and agents and other financial service providers in a variety of financial services and bank regulatory matters. He also counsels creditors, loan servicers, service providers (vendors) and secondary market participants on consumer financial services laws and regulations, including the Dodd-Frank Act. Lampe represents a range of financial services clients in high-stakes government investigations and enforcement proceedings before state and federal agencies, such as the CFPB, HUD, FTC, FDIC and NYFS, involving issues of lending, servicing, licensing, governance and compliance. He devotes a significant part of his practice to representing major national business process outsourcing firms and technology vendors to the financial services industry.
Lampe is currently a fellow of the American College of Consumer Financial Services Lawyers. He also serves on the Governing Committee of The Conference on Consumer Finance Law and the Board of Advisors of the UNC School of Law Center for Banking and Finance. Lampe previously served as the chair of the American Bar Association's Consumer Financial Services Committee.
Lampe received his S.B. degree from Massachusetts Institute of Technology, where he graduated Phi Beta Kappa, and his J.D. degree from Duke University School of Law.
Bricker & Eckler LLP
David Stein is chair of Bricker & Eckler's Consumer Financial Services group. He is also a member of the firm’s Litigation and Employment & Labor groups. Stein is a veteran in the financial services industry, having served nearly two decades as senior vice president and general counsel for two national mortgage lenders.
Stein has worked in all areas involved in banking, loan origination and servicing, formulating leading strategies for growth and developing best practices in sales and marketing. He has created comprehensive training programs in all areas of consumer law, including lending and servicing.
Stein works with state and federal regulatory agencies and develops model policies, protocols and compliance management systems. He directs audits, investigations and responses to enforcement and regulatory issues related banking and consumer law issues. He has been at the forefront of work related to developing compliant methods of loan originator compensation and complying with the multitude of changes created by state and federal regulatory bodies.
Stein has spent more than 25 years practicing in the area of Employment Law. He also assists clients in managing legal strategies concerning commercial and residential real estate, and general business issues. He is experienced in the defense of complex business litigation matters in courts throughout the U.S.
Stein holds a J.D., cum laude, from Capital University and a B.A. in political science from The Ohio State University.
Dodd Frank Update
Katherine Bercik joined October Research, LLC as Editor of
Dodd Frank Update in December 2014. Prior to joining the company, Bercik worked as a discovery attorney for a small energy law firm in Columbus, Ohio. Bercik received her law degree from Ohio Northern University and her bachelor's in journalism at Ohio University.