Esq / Founder finreg PARTNERS
Dena Somers is a highly regarded bank consultant and compliance attorney. She has provided regulatory compliance and risk management consulting services to financial institutions and companies in highly regulated industries nationwide for more than 20 years. Her areas of expertise include consumer and mortgage lending compliance, Fintech and specialty finance, regulatory compliance training, business strategy and best practice advisement, and corporate governance.
Throughout her career, Ms. Somers has advised hundreds of banking and financial institutions— ranging from local community banks to $50 billion financial holding companies— to achieve operational efficiency while ensuring regulatory compliance. Previously, Ms. Somers served as General Counsel to a national mortgage servicing company, Fintech lender, national money service business, and has represented financial institutions in a broad array of complex litigation matters for more than 15 years. Additionally, Ms. Somers is a published author for Lexis Nexis in the areas of Bank Teller training, loan policies, and loan documentation training.
Upcoming Events
Preparing for the New CFPB Small-Dollar Lending Rule
On July 7, 2020, the CFPB issued its final Payday, Vehicle Title, and Certain High-Cost Installment Loans Rule (Small-Dollar Rule), which includes […]
Advanced TRID Training for Community Bankers
TILA-RESPA Integrated Disclosure Rule is your most costly regulation, but given the increased focus on consumer protections it is critical for banks […]
Mastering HMDA Compliance: Requirements, Disclosures and Challenges
The challenge with understanding HMDA is that it’s extremely complex and the rules are tedious. With increased regulatory scrutiny of HMDA data […]
Lending to Hemp, CBD and Cannabis Banking Customers: Opportunities, Challenges and Regulatory Hurdles
Of approximately 12,000 banks across the country, 710 banks and 150 credit unions reported servicing marijuana-related businesses last year, according to FinCEN. […]
BSA/AML Compliance Checklists and Regulatory Guidance
Even mature BSA/AML programs struggle to keep pace with today’s challenges. This compliance webinar focuses on providing specific insights and tactics to […]
Cannabis Banking: Opportunities and Challenges
This compliance webinar explores the latest developments on banking Marijuana Related Businesses (MRBs), including the opportunities, risks, legal requirements, and challenges associated […]
Hemp Banking: Opportunities and Challenges
With an industry that is projected to be worth $20 billion by 2022, interest in hemp is at an all-time high. But […]
Understanding the New URLA 1003/65 – Mandatory for All Lenders
Changes in the mortgage industry and regulations created a need for the Government Sponsored Enterprises, (GSEs) to evaluate information taken at time […]
