Joseph D. Simon Authors Bloomberg BNA Portfolio on Mortgage Rules

Cullen and Dykman partner Joseph D. Simon has authored “CFPB Mortgage Rules Under the Dodd-Frank Act,” the latest volume of Bloomberg BNA’s Banking Portfolio Series. The new portfolio provides a comprehensive overview of mortgage rules issued by the Consumer Financial Protection Bureau under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The Bloomberg BNA Banking Portfolio Series is designed to provide assistance on topics germane to banking and finance lawyers. The portfolio authored by Mr. Simon addresses key rules adopted under the Dodd-Frank Act, including the rule that requires lenders to determine a borrower’s ability to repay a mortgage before making a loan to that borrower. Cullen and Dykman associate Elizabeth A. Murphy contributed significant assistance in preparing the portfolio.

Mr. Simon advises financial institutions on a wide range of issues, including truth-in-lending, RESPA, truth-in-savings, financial privacy, currency transaction and IRS reporting obligations. He has represented financial institutions on various types of regulatory applications, including bank holding company filings, branch applications, and mortgage banking license applications. Mr. Simon has written extensively on the mortgage regulations promulgated under the Dodd-Frank Act and has worked with several financial institutions on meeting the new origination and servicing requirements imposed by those regulations.

For further information on Mr. Simon’s Bloomberg BNA portfolio you may contact him at (516) 357-3710 or via email at jsimon@cullenanddykman.com. For further information on Bloomberg BNA publications, call Bloomberg BNA Customer Relations at 800-372-1033, or visit Bloomberg BNA’s web site at: http://www.bna.com.