Dentons acts for household name financial institution clients, including banks and credit card issuers, and regularly advises on regulation related to consumer finance products utilising commercial and consumer lending. Matthew Yoon and John Holahan are at the helm, based in New York and Washington DC respectively. The group has a strong track record in CFPB representation and advice on compliance with state regulation, particularly rule changes affecting the mortgage and consumer credit markets and advice on consumer finance products utilising fintech platforms. Practitioners also advise on regulatory structures and issues related to mortgage lenders, demonstrating knowledge of mortgage trading regulations. William Beecher's previous post as in-house legal and compliance officer for a fintech company in New York is relied upon by clients in this regard. Mortgage lenders also feature prominently among the group's client base.
Legal 500 Editorial commentary
Accolades
Client satisfaction: NPS ®
Key clients
- Barclays
- Citibank
- JP Morgan
- BNP Paribas SA
- Nomura Group
- Deutsche Bank
- Sixth Street Partners
- Citibank
- Morgan Stanley
- Ares Commercial Real Estate Management LLC
- Visio Lending
- Morgan Stanley
Work highlights
Acted for Sixth Street Partner in evaluating complex federal and state regulatory issues in connection with Sixth Street Partner’s capital partnership with Affirm and the purchase of up to $4 billion of Affirm’s consumer finance products originated on its fintech platform.
Acted for Texas Capital Bank as lead regulatory counsel in connection with Pacaso in the financing of the first purpose-built, 30-year mortgage for co-ownership of vacation homes in the US.
Acted for Barclays’s mortgage trading and underwriting desks on Wall Street as regulatory counsel in connection with the management of financing lines and residential mortgage assets.
Practice head
Matthew Yoon; John Holahan
Other key lawyers
William Beecher