Representation of settlement service providers is a core part of our practice. Our settlement services team provides a full range of corporate and regulatory compliance services to all kinds of settlement service providers, including mortgage bankers and brokers, state and federally-chartered banks, thrifts, and other financial institutions, real estate brokers, title insurance companies, home builders and general insurance companies. As former in-house corporate and regulatory counsel to one of the nation’s largest privately-owned settlement service providers, Wright & Yonan’s settlement services team knows first hand the complicated legal and regulatory issues that face its clients on a daily basis. This kind of in-depth, real-world experience is invaluable when it comes to understanding our client’s procedures, risks, and regulatory concerns.

Mortgage Banking

Wright & Yonan provides corporate and regulatory mortgage lending advice to state-licensed mortgage bankers and brokers, state and federally-chartered banks, thrifts, and other financial institutions. Wright & Yonan’s settlement services team has extensive experience drafting and negotiating the panoply of agreements central to mortgage originators, including broker agreements, correspondent agreements, whole loan purchase agreements, repurchase agreements, reverse repurchase agreements, warehouse line of credit agreements, and servicing rights purchase and sale agreements. We also assist mortgage lenders to establish legally-compliant joint ventures and other relationships with real estate brokers, title insurance companies, home builders and general insurance companies.

Wright & Yonan’s settlement services team has considerable experience working with federal and state regulatory agencies. Our settlement services team leverages this experience when dealing with federal and state regulators on behalf of our clients. We prepare and file federal and state regulatory applications, including applications for new charters and state licenses. We provide advice on the full range of regulatory and supervisory issues central to mortgage lending institutions. Our settlement services team is fully conversant in the Real Estate Settlement Procedures Act (“RESPA”), Truth in Lending Act (“TILA”), Home Ownership and Equity Protection Act (“HOEPA”), Equal Credit Opportunity Act (“ECOA”), Fair Housing Act (“FHA”), Home Mortgage Disclosure Act (“HMDA”), Homeowners Protection Act (“HPA”), Fair Credit Reporting Act (“FCRA”), and the Fair Debt Collections Practices Act (“FDCPA”). We also analyze policies and procedures for compliance with applicable federal and state laws and conduct in-house training seminars. Finally, we assist companies with implementing the latest federal and state laws and regulations.

Real Estate Brokers

Wright & Yonan’s settlement services team advises real estate brokerage firms and their affiliates on a wide range of corporate and regulatory compliance issues. We assess state licensing requirements and obtain required licenses. We also assist real estate brokers to establish legally-compliant joint ventures and other relationships with banks, mortgage lenders, title insurance companies and general insurance companies.

Title Insurance

Wright & Yonan’s settlement services team advises title insurance agencies and their affiliates on a wide range of corporate and regulatory compliance issues. We assess state licensing requirements and obtain required licenses. We also assist title insurance companies to establish legally-compliant joint ventures and other relationships with banks, mortgage lenders and real estate brokers.

Home Builders

Wright & Yonan’s settlement services team advises home builders and their affiliates on a wide range of corporate and regulatory compliance issues. We assist home builders to establish legally-compliant joint ventures and other relationships with banks, mortgage lenders, title companies and general insurance companies.

Insurance

Wright & Yonan’s settlement services team advises insurance agencies and their affiliates on a wide range of corporate and regulatory compliance issues. We assist insurance companies to establish legally-compliant joint ventures and other relationships with mortgage lenders and real estate brokers.