Michael Barry concentrates his practice in the area of financial services, including banking regulation, compliance, and policy.
He regularly advises bank and non-bank lenders and financial institutions on a variety of regulatory matters, including compliance concerns arising out of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”) and the regulations promulgated by the Consumer Financial Protection Bureau (“CFPB”) governing mortgage origination and mortgage servicing practices.
Additionally, Michael has assisted non-banks in navigating a variety of state law regimes covering state-level licensing requirements, federal and state interest rate and usury laws, Retail Installment Sales Acts, and related consumer financial services statutes and regulations. Certain of these clients are participants in the FinTech space, including apps that provide payment and crypto wallet services.
Prior to joining Blank Rome, Michael worked as the Research Assistant to the Senior Advisor to the Chairman for Consumer Policy in the Executive Offices at the Federal Deposit Insurance Corporation (“FDIC”).