"Melanie Brody is a respected consumer finance regulatory compliance attorney with noted expertise in fair lending matters, including connection with mortgage lending, auto finance and credit cards. She draws particular praise from interviewees for her expertise in fair lending and antidiscrimination matters. Sources call her "a top-notch" and "terrific" practitioner."
Chambers USA

Aperçu

Melanie Brody is a partner in Mayer Brown’s Washington DC office and a member of the Consumer Financial Services group. She concentrates her practice on federal and state government enforcement and regulatory compliance matters, primarily for banks, fintech lenders mortgage lenders, auto lenders, credit card issuers, student lenders and other financial service providers. She represents clients in investigations, examinations and enforcement actions by the US Department of Justice, Consumer Financial Protection Bureau, Office of the Comptroller of the Currency, Federal Reserve Board, Federal Deposit Insurance Corporation, Department of Housing and Urban Development, Federal Trade Commission, state banking regulators and state attorneys general.

Melanie assists clients with enforcement, examination and compliance matters involving a variety of issues, including fair lending, fair servicing and unfair, deceptive or abusive acts or practices. She also handles compliance matters involving consumer finance laws, including the Equal Credit Opportunity Act, Fair Housing Act, Dodd-Frank Wall Street Reform and Consumer Protection Act, Gramm-Leach-Bliley Act, Fair Credit Reporting Act, Home Mortgage Disclosure Act, Fair Debt Collection Practices Act, Truth in Lending Act and Real Estate Settlement Procedures Act.

Melanie has been ranked among the top national lawyers in Consumer Finance by Chambers USA every year since 2008. In 2018, she earned a Band 2 national ranking under Financial Services Regulation: Consumer Finance (Compliance).

Melanie is a frequent speaker at conferences sponsored by the Mortgage Bankers Association of America, American Banker’s Association, American Bar Association, American Financial Services Association and other industry-related groups on various consumer finance issues, including fair lending enforcement, litigation and compliance, and compliance with federal and state consumer finance requirements. She also has published articles on a wide range of mortgage banking and consumer finance topics, and is the primary author of Implementation Guide to the Gramm-Leach-Bliley Act Privacy Requirements published by the Mortgage Bankers Association of America, and is a co-author of the Implementation Guide to PMI Cancellation: Understanding the Homeowners Protection Act of 1998 published by America’s Community Bankers and the Mortgage Bankers Association of America.

Expérience

  • Represented large national banks, regional banks, mortgage lenders, auto lenders, student lenders, credit card issuers and other consumer financial service providers in Consumer Financial Protection Bureau investigations and enforcement actions involving fair lending, unfair, deceptive, and abusive acts and practices (UDAAPs), and other consumer finance issues.
  • Represented large national banks, regional banks, residential mortgage lenders and other consumer financial service providers in loan pricing, product placement, redlining and underwriting investigations and enforcement actions by the US Department of Justice, Federal Deposit Insurance Corporation, US Department of Housing and Urban Development and Federal Trade Commission.
  • Represented large national banks, mortgage lenders, auto lenders, student lenders and other consumer financial service providers in UDAAP investigations and enforcement actions by the Office of the Comptroller of the Currency, Federal Reserve Board, and Federal Trade Commission.
  • Represented large national lenders in loan pricing and product placement investigations and enforcement actions by state attorneys general.
  • Represented financial services providers in regulatory compliance examinations by the Consumer Financial Protection Bureau, Office of the Comptroller of the Currency, Federal Reserve Board, Federal Deposit Insurance Corporation, and state banking agencies.
  • Developed fair lending and fair servicing compliance management systems and monitoring programs for banks, fintech lenders, mortgage lenders, mortgage servicers, auto lenders, credit card issuers and other consumer finance companies.
  • Performed fair lending and UDAAP risk assessments and compliance readiness reviews.
  • Performed regulatory compliance evaluations and due diligence reviews for banks, mortgage companies, fintech lenders and other consumer finance companies.

Formation

Syracuse University College of Law, JD, cum laude, Executive editor, Law Review

University of Connecticut, BA

Inscriptions au Barreau

Barreau

  • District of Columbia

Memberships

  • Member of Women in Housing and Finance and served on its Board from 2004-2006