Andy Arculin is a thought leader in the fields of consumer lending, fintech, and mortgage banking who leverages his prior experience with the Consumer Financial Protection Bureau (CFPB) to provide informed counsel. He advises a wide range of clients on all aspects of the mortgage and consumer lending business, including chartering and licensing; marketing and lead generation; loan origination and servicing; and secondary purchase and due diligence.
His work focuses on the "alphabet soup" of consumer credit statutes and regulations — including the Truth in Lending Act (TILA); the Equal Credit Opportunity Act (ECOA); the Fair Credit Reporting Act (FCRA); the Real Estate Settlement Procedures Act (RESPA); the Home Mortgage Disclosure Act (HMDA); Unfair, Deceptive and Abusive Acts and Practices (UDAAP); and other federal and state statutes and regulations. His practice includes:
Prior to joining Venable, Andy served as senior counsel in the Consumer Financial Protection Bureau's Office of Regulations, where he was responsible for the development and implementation of consumer financial services regulations under RESPA, TILA, ECOA, and other federal statutes. He served as lead attorney for various CFPB rulemakings and played a key role at CFPB in educating the public and industry leaders about the Dodd-Frank mortgage rules and TRID.
Andy began his career as an associate at an international law firm, representing financial institutions in cases brought under federal consumer finance laws, including RESPA Section 8, TILA; anti-discrimination laws; unfair and deceptive acts and practices laws; the U.S. Bankruptcy Code; and state property and foreclosure law. He also gained significant experience with complex commercial litigation, class actions, and internal investigations and compliance.