Stevens & Lee Hosts Seminar on Dodd-Frank’s Impact on the Residential Mortgage Industry

PHILADELPHIA, November 12, 2010 – Stevens & Lee attorney Steven J. Adams discussed the Dodd-Frank Wall Street Reform and Consumer Protection Act and its impact on the regulatory, enforcement and compliance environment for residential mortgage lenders, brokers and servicers at a seminar held November 9 in King of Prussia, PA.

Addressing an audience of over 70 mortgage banking professionals, Mr. Adams discussed how Dodd-Frank will consolidate virtually all federal financial consumer protection laws into a new and independent bureau that will have unparalleled regulatory and enforcement authority. They also addressed how the new requirements imposed by Dodd-Frank will redefine the residential mortgage banking industry for years to come.

About the Presenter

Steven J. Adams represents major financial institutions and mortgage servicers in all aspects of consumer financial services litigation, including complex foreclosure proceedings and defending financial institutions and servicers against consumer claims arising under the Truth in Lending Act, the Real Estate Settlement and Procedures Act and other federal statutes, as well as state law claims arising under various state consumer protection statutes.

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