Bob is a member of Reed Smith’s Financial Industry and Financial Services Regulatory Groups.
His practice focuses on consumer credit compliance and other regulatory issues of concern to banks,
thrifts, credit unions, mortgage bankers, secondary mortgage lenders, finance companies and industry-related
trade associations. He reviews documents for compliance with federal and state laws; assists with
bank applications and other regulatory issues of concern to banking institutions, helps financial
institutions resolve compliance and licensing issues raised by state and federal regulators; performs
compliance audits of loan files and operations; assists Reed Smith litigators in consumer finance-related
individual and class action litigation; and generally provides counsel on
day-to-day compliance issues as they arise.
Bob is a former Deputy Commissioner of the New Jersey Department of Banking, a past Chair of the
NJ Bar Association’s Banking Law Section, a former Co-Chair of the RESPA and
Housing Finance Subcommittee of the American Bar Association’s Consumer Financial Services
Committee, and the former Editor of Pratt’s Mortgage Compliance letter, a national publication
on mortgage compliance issues. He is also a Fellow in the American College of Consumer Financial
Lawyers and an educator, having founded and served for many years as an instructor for a company
that trained mortgage loan originators on federal and NJ residential mortgage laws and regulations.
Bob is a frequent speaker on compliance issues before state and national groups,
and has authored numerous articles on the subject.