KEY UPDATES TRACK: Major Litigation Trends
Join our discussion on major litigation developments and trends affecting mortgage lending. Panelists discuss impactful enforcement actions and significant court rulings, providing their thoughts on what these developments mean for the mortgage industry. Sponsored by Bradley.
Speakers
Moderator
Carlos Pelayo serves as Executive Vice President and Chief Legal Officer for Mr. Cooper Group Inc. (NASDAQ: COOP), with primary responsibility for advising the Company’s senior leadership on all legal and regulatory issues, as well as overseeing the organization’s Legal department and managing all corporate governance activities. He joined the company in February 2023 with more than 20 years of experience in the legal field. Carlos has extensive expertise in financial services and regulatory compliance. Prior to joining Mr. Cooper he served as Managing Director and Legal Executive for Merrill Lynch Wealth Management, a division of Bank of America where he was a senior advisor to business leadership providing day-to-day legal, regulatory and strategic advice to all client-facing areas of t
Speakers
Mr. Previn has extensive experience representing financial institutions in a wide range of regulatory examinations, investigations, and enforcement actions brought by myriad federal and state government agencies, including the CFPB, OCC, FDIC, FRB, DOJ, FTC, HUD, and state attorneys general and state banking regulators. In addition, he counsels banks and nonbank financial services companies on consumer finance issues, and advises boards and executive management on regulatory expectations, new products and services, and corporate governance. He also defends financial services companies in consumer class actions around the country. During his more than two decades of practice, he has represented many of the country’s leading financial services companies in precedent- setting matters.
Michelle is a highly respected financial services enforcement lawyer. She is a trusted adviser to and first call for financial institutions in high-stakes litigation and enforcement matters, including government investigations, regulatory examinations, class action and complex litigation, compliance regulatory matters and internal investigations. She is known for providing thoughtful and practical advice. Michelle’s clients appreciate her deep understanding of complex regulatory issues and ability to translate those concepts into operational terms, as well as her proactive approach to problem-solving. Michelle also co-leads the firm's State AG practice, having represented clients before every state in the country, and serves on Cooley's Board of Directors.
Sabrina Rose-Smith is a partner in Goodwin’s Consumer Financial Services Litigation practice, and serves on the firm’s Executive Committee. Sabrina defends financial institutions against consumer class actions and government enforcement actions, and provides litigation risk counseling to banks, credit card issuers, mortgage lenders and specialty and small-dollar FinTech companies. Recognized by Chambers USA as a “powerful legal advocate” who “always provides best-in-class advice and service,” Sabrina defends her clients in high stakes enforcement matters and class actions involving federal consumer lending laws, state and federal unfair and deceptive trade practices (UDAP) statutes and other alleged violations of law arising from her clients’ lending, servicing and/or collections activity.
Nanci Weissgold co-chairs Alston & Bird's Financial Services Group and advises financial institutions and financial service providers on federal and state matters relating to mortgage lending and mortgage servicing, valuation, and other consumer lending issues as part of her national regulatory compliance and enforcement practice. She is a frequent speaker and presenter at legal and industry conferences and webinars, and has published numerous articles on mortgage banking, valuation, and consumer finance related topics. Her pragmatism preparing for, and responding to, CFPB, FHA, state, and other administrative actions is highly valued by her clients. Nanci is co-leader of the Mortgage Bankers Association’s (MBA) Legal Issues Committee, and the 2025-2026 MORPAC Chair.
