Ballard Spahr announced that Stacey L. Valerio, a regulatory attorney whose more than 20 years' experience include nearly a decade in-house at a state government banking agency, has joined the firm as of counsel in its Washington, D.C., office.
Ms. Valerio's experience with mortgage banking industry licensing and enforcement matters includes more than nine years in the Consumer Credit Division of the State of Connecticut Department of Banking. In that role, she counseled the Consumer Credit Division, served as an administrative hearing officer, and drafted legislation, legal opinions, and rulings. The position also involved working with other state and federal agencies, including the state Office of the Attorney General, the FBI, and the CFPB.
Ms. Valerio has experience counseling clients on a wide variety of regulatory matters at the federal and state levels. In addition to licensing and regulatory compliance, she has significant experience with legislative initiatives, contract drafting, and the Nationwide Multistate Licensing System & Registry (NMLS).
Ms. Valerio is a member of Ballard Spahr's Business and Finance Department and its Mortgage Banking and Consumer Financial Services Groups. Her addition provides further depth to the firm's already-robust mortgage banking practice in Washington, an important strategic location for Ballard Spahr's national consumer finance platform. Clients include major national bank and nonbank mortgage lenders, servicers, and investors.
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