Husch Blackwell, LLP, added a new partner to its Financial Services and Capital Markets industry group in Washington, D.C. Michael Silver brings over 12 years of experience from the Consumer Financial Protection Bureau (CFPB) as an original member of the Office of Regulations.
“Mike has been at the CFPB since just weeks after the agency opened its doors, and his insider experience spanning multiple administrations will be extremely beneficial to our clients,” Husch Blackwell Partner and leader of the firm’s Consumer Financial Services team Marci Kawski said in a release. “We continue to aggressively and smartly build out our team with highly skilled and sophisticated attorneys who can solve our clients’ most challenging problems.
“The insights and nuanced perspective Mike has gained at the CFPB will help clients navigate the ever-changing regulatory landscape.”
According to Husch Blackwell’s release about the new addition, Silver is one of the preeminent authorities on unfair, deceptive and abusive acts and practices (UDAAP), RESPA section 8, and the Regulation Z loan originator compensation rules. While at the CFPB, he led the recent nonsufficient funds fee rulemaking proposal, assisted in shaping the 2020 and 2023 abusiveness policy statements as well as the 2023 RESPA guidance on digital mortgage comparison-shopping tools, and contributed to the 2017 small-dollar rulemaking and two of the 2013 mortgage rules.
“As I was preparing my return to private practice, I sought out a firm that is growing strategically, has a strong national practice, keeps its pulse on the CFPB, and possesses a collaborative and entrepreneurial culture. Husch Blackwell checks all those boxes,” Silver said. “This is a talented group of attorneys that has significantly broadened its presence in the consumer finance space over the past several years. Having worked to build the CFPB from a startup to a mature organization, I’m eager to help continue the momentum the group has generated and take it to the next level.”
Husch Blackwell also added Lana Yaghi to its D.C. office as part of its corporate practice team.
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