WBSK has been a leader in state and federal licensing for the last three decades. With a full service legal staff devoted specifically to this important area of our practice, we regularly work with our clients to obtain and maintain state and federal licenses and approvals in a broad variety of industries, including mortgage banking, brokering and servicing, mortgage loan acquisitions and sales, debt collection, real estate brokerage and title insurance. Our clients rely on us for assistance in obtaining initial state licenses, as well license renewals and on-going compliance advice. We also work closely with our clients in obtaining and maintaining approvals with FHA/HUD, Ginnie Mae, Fannie Mae, Freddie Mac, VA, Rural Housing Service, and state and county housing finance agencies. We also regularly assist our clients with their licensing needs in connection with corporate mergers and acquisitions, such as by applying for and timely obtaining change in control approvals from the federal agencies and applicable state licensing authorities.
We work closely with our clients in assuring compliance by lenders and their mortgage loan originators under the Nationwide Mortgage Licensing System (NMLS) and the SAFE Act.
In addition, we provide counsel and advice to national and state banks and thrifts and their operating subsidiaries regarding the use of preemption and other exceptions from state licensing and other regulatory requirements.
WBSK represents clients, ranging from start-ups to the largest players in the industry, seeking to establish and expand their operations, whether as part of their growth strategy, in connection with mergers and acquisitions, in entering new markets, and in establishing new loan products and programs.
Our licensing expertise also makes us particularly effective in assisting and defending our clients with state and federal examinations and audits, administrative proceedings, investigations and enforcement actions.
Our attorneys and licensing specialists have extensive experience with the ever-changing regulatory environment and regularly track changes in state and federal licensing and approval requirements. At WBSK, we provide one-stop shopping for all of our clients’ licensing and approval needs.
Our licensing group complements our regulatory, transactional and litigation practice groups, which allows Weiner Brodsky Sidman Kider to offer expert solutions and guidance in a complex legal environment.