Allison Schilz
Allison Schilz
- Mortgage Regulatory
- Regulatory Compliance
Biography
Allison represents mortgage lenders and servicers, financial institutions, and secondary market investors in federal and multistate regulatory compliance, licensing, and transactional matters.
Allison helps clients comply with Consumer Financial Protection Bureau (CPFB) requirements, respond to supervisory examinations, and navigate consumer lending laws such as the:
Truth in Lending Act
Real Estate Settlement Procedures Act
Fair Credit Reporting Act
SAFE Act and state licensing laws
Mortgage Acts and Practices Rule
Fair lending laws
UDAAP laws
Allison regularly advises on federal and state advertising compliance, loan originator compensation, structuring compliant marketing and business relationships under RESPA’s anti-kickback requirements, federal and state fee and disclosure requirements, and state licensing. She has worked extensively with reverse mortgages (both FHA’s HECM program and proprietary products).
Prior to joining Mitchell Sandler, Allison was Associate General Counsel at a publicly traded national mortgage lender, where she provided strategic compliance advice across the company’s reverse, forward, and commercial mortgage lines of business and worked with affiliated settlement service providers of title insurance, appraisal management company (AMC) services, and offshore mortgage loan processing.
In addition to her in-house experience, Allison has represented regional and national mortgage lenders, settlement service providers, Wall Street banks, REITS, and investment firms on compliance matters relating to originating, financing and investing in mortgage loans.
Fun Facts
Favorite Apps
Wall Street Journal
Spotify
Superpower
Distilling complex regulatory issues into straightforward advice
Favorite Thing to Binge Watch
The Crown
Passions
Spending time with family
Reading (especially John Le Carre novels)
Thought Leadership
Allison has written for industry trade groups and publications, such as the Mortgage Bankers Association and Banking Law Journal. She contributed to Real Estate & Mortgage Banking, a New Era of Regulatory Reform (2014-2016 editions). She also speaks at industry conferences on regulatory compliance issues.
Previous Experience
Finance of America Companies
Hunton Andrews Kurth LLP
Education
J.D., Wake Forest University School of Law
B.A., University of Virginia
Admissions
District of Columbia
North Carolina
Tennessee