A Letter to the Editor from Nanci L. Weissgold, Partner, Alston & Bird LLP. Hi Joan, As an consumer finance attorney who represents several appraisal management companies that do business in Virginia, I read with interest the recent article in Appraisal Buzz written by the Virginia Coalition of Appraisal Professions titled “Customary and Reasonable Fees, Empowered to Enforce”. My comments …Read More »
Ms. Weissgold is a member of Alston & Bird’s Financial Services & Products Group and a co-leader of the Consumer Finance Regulatory Compliance team. She advises financial institutions and financial service providers on issues relating to mortgage lending and mortgage servicing, valuation, and other consumer lending issues as part of her national regulatory compliance practice. This includes: (i) counseling clients on compliance with state and federal laws that regulate consumer financial products and services, (ii) working with state regulators to obtain approvals, licenses or regulatory guidance, (iii) assisting in developing compliance programs, (iv) defending administrative enforcement actions (including state government audits, single or multi-state examinations, and investigations) and assisting in litigation involving regulatory compliance issues, and (iv) representing bank and non-bank lenders and appraisal management companies on valuation issues (including, for example, compliance with appraisal independence requirements under TILA, Interagency Appraisal and Evaluation Guidelines, FIRREA, AIR, ECOA, state AMC, appraisal and real estate broker laws).