Financial services companies depend on Joe for all aspects of their regulatory and compliance needs. Drawing from two decades of experience in the sector, he provides actionable guidance in a complex and evolving landscape.
Joseph "Joe" Reilly advises a wide variety of financial services companies as they navigate increasingly complex regulatory and compliance requirements.
He regularly represents lenders, fintech startups, neobanks, and mortgage servicers in enforcement matters, including informal investigations and examinations by the Consumer Financial Protection Bureau (CFPB), OCC, Federal Reserve, FDIC, SEC, numerous state agencies, and the mortgage government-sponsored enterprises such as Fannie Mae. His compliance counseling work covers the entire range of consumer and business lending laws and rules under TILA/Reg. Z, ECOA/Reg. B, UDAAP, EFTA/Reg. E, the Fair Credit Reporting Act, debt-collection laws, GLBA privacy provisions, state licensing regimes, and others.
Joe also advises financial services providers on all aspects of BSA/AML compliance, and has litigated SAR confidentiality and immunity provisions.
Joe has extensive experience advising on mortgage law matters, including RESPA's anti-kickback provisions, and fair lending, servicing, and mortgage insurance issues. He is the principal author of CFPB Mortgage Origination Rules Deskbook published by the American Bankers Association. The 625-page treatise, now in its 2nd edition, is the definitive guide to the CFPB's mortgage origination rules mandated by the Dodd-Frank Act.
For banks and bank-affiliated clients, Joe advises on bank powers, federal preemption, and a variety of Bank Holding Company Act matters. He also advises credit unions and Farm Credit lenders on compliance issues across the range of their lending and investing activities.
Prior to law school, Joe served for four years as a professional staff member on the U.S. House of Representatives' Financial Services Committee, rising to the post of chief investigator for its Democratic members.
Representative matters may include engagements before joining Troutman Pepper.
Troutman Pepper Financial Services
04.05.24
FDIC Announces Two More Consent Orders Containing Third-Party Risk Management and Fintech Partnership Orders
Consumer Financial Services Law Monitor
03.20.24
CFPB Director Chopra Publicly Challenges The Appraisal Foundation’s Governance Structure and Transparency
Consumer Financial Services Law Monitor
03.08.24
Proposed Legislation in Louisiana Aims to Regulate Commercial Financing Transactions
Consumer Financial Services Law Monitor
02.26.24
A CFPB First: Bureau Publicly Asserts “Dormant” Supervisory Authority Over Company
Troutman Pepper Financial Services
02.15.24
FinCEN Proposes Extending AML/CFT Requirements to Certain Investment Advisors
Consumer Financial Services Law Monitor
02.06.24
A Closer Look at NCUA’s Consumer Financial Protection and Compliance Expectations