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Greg Pipes assists banks, mortgage originators and servers, and other financial service providers with examinations, investigations, and enforcement actions initiated by the Consumer Financial Protection Bureau (CFPB) and other federal and state regulators. His practice focuses on helping clients navigate all aspects of the regulatory examination and enforcement process. Greg also helps clients assess the impact of new rules and regulations and adapt to changes in the regulatory environment.

FHA Withdraws Proposed Rule Establishing Insurance Claim DeadlineRecently, the Federal Housing Administration (FHA) withdrew part of a proposed rule that sought to establish a maximum time period within which an FHA approved mortgagee must file a claim with FHA for insurance benefits. The decision came in response to public comments expressing concern over the proposed rule’s implementation, which many agreed would ultimately

Processes OF Pre-Foreclosure

Recently, in Bank of New York Mellon v. Carson, the Wisconsin Supreme Court issued a decision that, in the words of Justice David Prosser, Jr., “radically revises the law on mortgage foreclosures” and could significantly obstruct lenders’ efforts to minimize or mitigate their losses. In its decision, the Supreme Court held that circuit courts