Peter S. Frechette

Frechette Peter

Peter Frechette advises banks, financial institutions, other financial services providers, and companies that offer consumer and business-to-business credit as they navigate financial regulation compliance, investigation, enforcement, and supervision by various federal and state agencies. Peter assists companies in understanding and complying with laws and regulations governing a variety of credit products, including residential mortgages, student loans, and other installment and revolving credit products.

Peter frequently counsels clients on residential mortgage compliance issues involved in origination, brokering, servicing, and secondary market sales. For credit products generally, Peter counsels clients on marketing and disclosure compliance, underwriting issues, credit reporting guidelines, repayment structures, and overall compliance management systems.

Peter has an in-depth understanding of financial laws and regulations, enabling him to assist bank and non-bank clients in preparing for supervisory examinations, engaging with examiners, and responding to examination findings. In the context of investigations and enforcement, he has represented clients in responding to claims stemming from prohibitions on unfair, deceptive, or abusive acts or practices (UDAAP), and other laws and regulations.

Applying his experience with financial services regulations, Peter also advises clients during acquisition and counterparty due diligence, and has managed complex due diligence investigations into counterparties, service providers, acquisition targets, and borrowers. 

Peter advises clients on a variety of financial services, consumer protection, and general business issues, including compliance with the Consumer Financial Protection Act, FTC Act, Fair Debt Collection Practices Act, Fair Credit Reporting Act (Regulation V), Equal Credit Opportunity Act (Regulation B), Electronic Funds Transfer Act (Regulation E), Truth in Lending Act (Regulation Z), Real Estate Settlement Procedures Act (Regulation X), and other laws enforced by the Consumer Financial Protection Bureau (CFPB), Federal Trade Commission (FTC), Department of Justice (DOJ), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and state attorneys general.





  • J.D. magna cum laude American University, Washington College of Law 2013
    • Editor-in-chief, American University Law Review
    • Intern, Department of Defense, Office of the General Counsel, international Affairs
    • Order of the Coif
  • B.A. Linguistics and Philosophy University of Maryland, College Park 2010

Bar Admissions

  • Maryland
  • District of Columbia