Financial Industry Group

Contacts

Related Sub-Industries

Related Practices

Overview

Dykema is recognized by industry leaders, leading industry publications, and peers as having one of the leading Financial Industry Groups in the United States. With a national presence and top-tier practitioners, Dykema provides legal representation and strategic counsel to all types of financial services companies. Our clients benefit from the combination of first-rate courtroom advocacy and an informed understanding of the regulatory landscape, which together form the foundation from which Dykema’s Financial Industry Group serves many of the most preeminent financial organizations in the country.

Bank Regulatory

We represent banks and other regulated financial service companies on a full range of regulatory and corporate matters, including formation, trust activities, bank powers, money-laundering compliance and a wide-range of related federal and state laws. Read more.

Representation of Financial Institutions in Bankruptcy & Workout Matters

The Firm’s skilled bankruptcy practitioners, transactional attorneys, and seasoned litigators come together to provide strategic solutions for clients involved in or dealing with distressed or nonperforming loan situations. Our team has vast experience in all aspects of law surrounding financially troubled companies, applying an interdisciplinary approach to best represent lenders, mutual funds, hedge funds, insurance companies and middle market businesses facing restructuring of existing credit facilities, in- and out-of-court workouts, and insolvency-related litigation. Read more.

Commercial Lending

Dykema’s team of transactional, tax and regulatory attorneys provides sophisticated, effective advisement on complex loan transactions, from asset-based loans, club deals and syndicated loans to ESOP loans, Euro-based financing and subordination agreements, to a diverse group of lenders and borrowers. Backed by an uncommon level of knowledge and experience in all aspects of lending, Dykema counsels lenders and borrowers on the full spectrum of loan transactions. Read more.

Consumer Financial Services

Dykema provides ongoing counseling and litigation services to credit providers on federal consumer lending laws regarding disclosure requirements, credit reporting, collection practices and other related federal laws. We counsel and defend clients, primarily in putative class actions, on various federal and state laws affecting consumer lending. A recognized leader in the field, Dykema publishes the NextGen Financial Services Report (www.nextgenfinancialservicesreport.com, a blog that provide news and thoughtful analysis of the most pertinent issues in the consumer and commercial financial services industry. Read more.

Debt Acquisition Counseling

Dykema has one of the largest and most diverse litigation and counseling practices in the nation representing the debt acquisition industry. Our cross-disciplinary team brings together experienced attorneys from Dykema’s national consumer financial services, class action defense, government policy, tax, employment and business services practices to serve some of the largest companies in the debt acquisition and collection industry. Read more.

Financial Services Litigation

Dykema’s Financial Services Litigation Practice Group represents banks, finance companies, mortgage lenders, credit card providers, auto finance companies, retailers, and insurance companies in both individual and putative class actions arising out of consumer and commercial lending, lender liability, and insurance disputes. While we work closely with our clients to devise strategies for effective out-of-court resolutions, we are experienced, trial-ready counsel with exceptional courtroom experience should a dispute go to trial. Read more.

Financial Services Regulatory & Compliance

We represents financial services clients, including creditors, servicers, secondary market participants, vendors and technology service providers, in a wide variety of compliance and regulatory matters. We provide industry-specific and product-specific advice and counsel regarding a wide range of retail and consumer financial products and services. We also have extensive experience in electronic delivery of financial products and services, a significant space in which we represent some of the nation’s leading banks, non-depositories, service providers and vendors. Read more.

Regional Banking

The lawyers in our Texas Banking team bring over 60 years of experience serving the unique needs of financial institutions in Texas. Dykema Cox Smith banking attorneys help banks and financial institutions throughout Texas grow profitably while serving businesses and their communities. Our strong working relationships with both Texas and federal regulators enable us to effectively assist banking clients with mergers, acquisitions, regulatory compliance and restructuring, as well as cross-border banking issues between the U.S. and Mexico. Read more.

Structured Finance

Our lawyers represent issuers, underwriters, and special purpose entities in all phases of asset- and mortgage-backed debt financings, whether structured as a secured commercial loan or an issuance of asset or mortgage-backed securities. Read more.

Automotive Finance

Our Firm has grown and evolved alongside the automotive industry. Our decades of knowledge and experience in this field inform our representation of automotive financial services clients. Read more.

Speaking Engagements

  • The Future of Home Loans: eNotes and eMortgages
    July 17, 2018
  • Regtech Fintech Track: Update on eNotes and eMortgages, Speaker, Mortgage Bankers Association's Legal Issues & Regulatory Compliance Conference 2018, Los Angeles, California
    May 1, 2018
  • The New Successor in Interest Rules: What Mortgage Servicers Need to Know
    February 27, 2018
  • The Internet of Things – Key Legal Considerations, American Bar Association Business Law Section,
    October 6, 2016
  • Integrated TILA/RESPA Disclosures, Austin Bar Association Financial Institutions Section, Austin, Texas
    May 29, 2015
  • RESPA Sec. 8 Enforcement: CFPB Scrutiny of Settlement Fees, AfBAs and Marketing Service Agreements," Strafford Live CLE Webinar
    March 4, 2015
  • Current Credit Reporting Issues for Debt Buyers, 18th Annual Debt Buyer’s Association (DBA) International Annual Conference, Las Vegas, Nevada
    February 3-5, 2015
  • State Compliance Developments, General Session, Mortgage Bankers Association Regulatory Compliance Conference, Washington, DC
    September 2014
  • Ethics: The CFPB and the Attorney-Client Privilege: Practical Implications and Ethical Concerns, CLE SuperCourse, The Network of Trial Law Firms, New York, New York
    September 2014
  • Large and Small: Practical Guidance for Navigating Third Party Vendor Management, Mortgage Regulatory Forum, Arlington, Virginia
    September 2014
  • Navigating Social Media and Advertising Challenges, American Association of Residential Mortgage Regulators Annual Conference, Seattle, Washington
    August 2014
  • Public Disclosure of Consumer Complaint Narratives: The CFPB’s Latest Consumer-Protection Initiative, Financial Institutions Committee of the Business Law Section of the California State Bar
    August 12, 2014
  • CFPB Impact on the Reverse Mortgage Industry, American Conference Institute 3rd National Summit on Reverse Mortgage Lending, Dallas, Texas
    March 2014
  • Understanding UDAAP and Emerging Regulations in Compliance, 10th Annual Five Star Conference and Expo, Dallas, Texas
    September 2013
  • CFPB Rules Industry Trends for Servicing, The Knowledge Congress Live Webcast Series
    September 2013
  • Get to Know CFPB and What's on the Agenda, 10th Annual Five Star Conference and Expo, Dallas, Texas
    September 2013
  • Industry Challenges Relating to Disclosure of Control Persons, American Association of Residential Mortgage Regulators Annual Conference, Denver, Colorado
    August 2013
  • Five Lessons from CFPB Enforcement Activity to Date, 2013 Legal Issues and Regulatory Compliance Conference, Mortgage Bankers Association, Boca Raton, FL
    May 2013
  • The Consumer Financial Protection Bureau, panel presentation at The Banking Institute, Charlotte, North Carolina
    March 2013
  • Advance Change Notifications, Fifth Annual NMLS User Conference & Training, San Antonio, Texas
    February 2013
  • Presentation to American Bar Association's Consumer Financial Services Committee on so-called Robosigning Issues
    2012 Winter Meeting
  • Pre-Notifications and NMLS, Fourth Annual NMLS User Conference & Training, Scottsdale, Arizona
    February 2012
  • An Introduction to Dodd-Frank, National Notary Association 33rd Annual Conference
    May 2011
  • LO Compensation: Protecting Your Bottom Line, Applying the Rules, Abacus Mortgage Training & Education
    March 7, 2011
  • NMLS Reports -- how to use them, how to improve them, Third Annual NMLS User Conference & Training, Orlando, Florida
    February 2011
  • Explaining the Interim Final Rules on Appraisals, AllRegs Audio Course
    January 7, 2011
  • NMLS Application Processing on Steroids (Regulators Only), Second Annual NMLS User Conference & Training, San Diego, California
    February 2010
  • How Will FHA Reforms Affect the Mortgage Industry, MortgageDaily.com Webinar
    October 7, 2009