Lee Gilley represents financial institutions, including banks, mortgage companies, debt collectors, small dollar lenders, and payment systems providers (credit cards, debit cards, prepaid cards, mobile payments, etc.) in litigation and regulatory matters related to compliance with the Card Act, ECOA, EFTA, FCRA, FDCPA, GLBA, HPA, RESPA, TILA, TCPA, CFPB regulations, and numerous other state laws and regulations. Lee is a member of Bradley’s Banking and Financial Services Practice Group, as well as the firm’s Payments and Small Dollar & Unsecured Lending industry teams.
Lee advises clients during examinations and investigations conducted by the CFPB, state financial regulators, state attorneys general, the Department of Housing and Urban Development (HUD), the Department of Justice (DOJ), the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve. He has worked with clients to successfully challenge exam findings and, where appropriate, resolve issues through settlement. Lee frequently represents clients in sensitive internal compliance reviews and investigations where he works closely with business, legal, and compliance leaders to identify process issues and develop workable solutions. He routinely advises clients on unique issues associated with Consent Order compliance.
Lee’s work on these high-risk, sensitive matters allows him to interact with top executives in the financial services industry, including chief executive officers, chief financial officers, chief compliance officers and general counsel, as well as senior officials at various regulators. These interactions combined with his experience in examinations, investigations, and bet-the-company matters allow him to provide unique, practical insights regarding regulatory expectations and industry practices that go beyond the words of the legal requirement at issue.
More Legal and Business Bylines From Lee Gilley
- Mounting Media Pressure for the Residential Solar Consumer Finance Industry Sparks Concerns about Increased Regulatory Scrutiny - (Posted On Monday, March 18, 2024)
- CFPB Issues Advisory Opinion Restricting Fees Charged for Consumer’s Requests for Account Information - (Posted On Thursday, January 18, 2024)
- Creditors Should Review Their Use of Immigration Status When Accepting and Evaluating Applications - (Posted On Monday, October 16, 2023)
- CFPB Issues Additional Guidance on Use of AI in Credit Underwriting - (Posted On Monday, October 02, 2023)
- Questions to Consider as Regulators Increase Scrutiny of Medical Debt - (Posted On Wednesday, September 27, 2023)
- Federal Regulators Solicit Comments Regarding Healthcare Point-of-Sale Financing - (Posted On Thursday, August 24, 2023)
- CFPB Issues Debt Collection Guidance and Creates More Uncertainty for Mortgage Servicers - (Posted On Monday, November 01, 2021)
- CFPB Debt Collection Rules [VIDEO] - (Posted On Friday, August 13, 2021)