Jon Langlois has spent his career representing financial institutions and financial services providers on critical regulatory compliance and transactional matters, developing a particular focus on mortgage lending and servicing activities. A Partner in the Washington, D.C., office of Buckley LLP, Mr. Langlois assists clients on a wide range of regulatory issues, including compliance with key consumer financial laws, such as the Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Fair Debt Collection Practices Act (FDCPA), unfair, deceptive, and abusive acts and practices (UDAAP), and other consumer protection issues.
In addition to his regulatory practice, Mr. Langlois also represents clients on a variety of corporate and transactional matters, including capital markets transactions, corporate governance, and corporate organizations and reorganizations.
Representative work includes:
- Preparing institutions for, and guiding institutions through, supervisory examinations by the Consumer Financial Protection Bureau (CFPB), the Office of the Comptroller of the Currency (OCC), and other regulatory agencies
- Designing compliant mortgage servicing processes, particularly with respect to loss mitigation and foreclosure prevention
- Developing third party oversight programs and compliance management systems
- Conducting due diligence reviews of key providers for acquisitions or significant engagements
- Negotiating sales of whole loans and mortgage servicing rights (MSRs)
- Negotiating outsourcing transactions with third-party service providers and other vendors, including subservicing arrangements
- Advising on selling and servicing relationship issues with Fannie Mae, Freddie Mac, and Ginnie Mae
Mr. Langlois received his J.D. from Georgetown University and his B.A. from the University of Richmond. While in law school, he was a Legislative Analyst with Wilmer Cutler Pickering Hale and Dorr, and a Government Affairs Representative with the American Financial Services Association.
Join Buckley Sandler attorneys Jon Langlois, Beth McGinn, and Moorari Shah for a discussion on navigating the tension between appraiser independence requirements and vendor management principles. We will review the inherent conflicts among Real Estate Lenders, Appraisal Management Companies (AMCs)...Webcast
Valerie Hletko, Jon Langlois, Jeffrey Naimon, and Christopher Witeck spoke at the Buckley Sandler CFPB Today 2015 conference on Monday, October 26, 2015 in Washington, DC. Their panel was titled “Vendor Management in 2015.”Speaking Engagement
Information Management Network's 2nd Annual Residential Mortgage Servicing Rights Conference: Subservicing - The Case, Transparency & Oversight
Jon Langlois spoke at the IMN’s 2nd Annual Residential Mortgage Servicing Rights Conference, held March 16-17, 2015 in New York, NY. His panel was titled “Subservicing…The Care, Transparency & Oversight.” Click here to learn more about this event.Speaking Engagement
Mortgage Bankers Association's National Mortgage Servicing Conference & Expo: Vendor Management Best Practices
Jon Langlois spoke at the MBA’s National Mortgage Servicing Conference & Expo on Wednesday, February 25, 2015 in Dallas, TX. His panel was titled “Vendor Management Best Practices.”Speaking Engagement
Valerie Hletko, Jon Langlois, and Jeffrey Naimon spoke at the EDR New Jersey Compliance Summit on December 11, 2014 on the "Navigating the New Regulatory Landscape" panel. The panel shared insight into the new regulatory landscape and what lenders could expect in 2015 as new regulations from Dodd-...Speaking Engagement
Buckley Sandler presented the webcast "The CFPB's Expanding Oversight of Auto Finance - Part II," on Thursday, October 30, 2014. Speakers included Jonice Gray Tucker, Amanda Raines, Jeff Naimon, Jon Langlois and Andrea Mitchell. John Redding served as moderator. During its September 18th field...Webcast
Information Management Network's Residential Mortgage Servicing Rights Conference: Choosing and Incentivizing Your Servicer
Jon Langlois spoke at the Information Management Network’s Residential Mortgage Servicing Rights Conference on March 10 in New York, NY. His panel was titled, “Choosing and Incentivizing Your Servicer: Which Performance Data Should You Examine? How Can You Tie This Data Into Your...Speaking Engagement
Buckley Sandler LLP hosted its second annual CFPB Today conference in Washington, DC October 25-26, 2015. The two-day event featured an evening of interactive roundtable discussions on CFPB trends, followed by a full day of seminars and breakout sessions. The roundtables and seminars were led by...Press Releases
New partners Melissa Klimkiewicz, Jon David D. Langlois, Aaron Mahler, Adam Miller, and Ross Morrison were noted in Law360's article, "Law360 Names Attorneys Who Moved Up the Firm Ranks in Q2," on July 10, 2015. Click here to view the article at www.law360.com (subscription required).In The News
WASHINGTON, DC (May 26, 2015) – Buckley Sandler LLP, a leading financial services and litigation & enforcement law firm, has promoted Melissa Klimkiewicz , Jon David D. Langlois , Aaron C. Mahler , Adam Miller and Ross E. Morrison to its partnership, effective May 1, 2015. “Our new partners...Press Releases
Jeffrey P. Naimon, Jon David D. Langlois, and Daniel Cheriyan Authored a Law360 Article, "Ignore Borrower Preference In Loss Mitigation? CFPB Says Yes"
Mortgage servicers should not listen to borrowers when it comes to loss mitigation. At least, that’s what the Consumer Financial Protection Bureau says. More specifically, servicers should disregard when a borrower tells the servicer they do not want to keep their home. Officially, this has been...Articles
As a result of last Tuesday’s election, Republicans will control the White House and both houses of Congress in 2017. It is likely there ultimately will be some significant changes affecting financial services regulation and enforcement, but they will take time to implement. The President-elect has...Articles
Special Alert: D.C. Circuit Panel Rejects CFPB's RESPA Interpretation and Alters its Structure in PHH Corp. v. CFPB
On October 11, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit issued an opinion vacating a $109 million penalty imposed on PHH Corporation under the anti-kickback provisions of the Real Estate Settlement Procedures Act (RESPA), concluding that the CFPB...Articles
On August 4, the CFPB issued its long-awaited final amendments to the mortgage servicing provisions of Regulations X and Z. The Bureau had sought comment on the proposed rule in December 2014, more than 18 months ago. Spanning 900 pages, the final rule makes significant changes that will impact...Articles
With evolving regulatory expectations and increased enforcement exposure, financial institutions are under more scrutiny than ever. Nowhere is this more evident than in the management and oversight of service providers. When service providers are part of an institution’s business practice,...Articles
The fifth edition of the Practising Law Institute’s Consumer Financial Services Answer Book was published this month, with 29 Buckley Sandler attorneys contributing to this leading desk reference. The 2016 edition of the Consumer Financial Services Answer Book continues to provide practitioners...Articles
On August 19, 2014, the CFPB issued Bulletin 2014-01 to address “potential risks to consumers that may arise in connection with transfers of residential mortgage servicing rights.” The bulletin, which is the latest in a series of CFPB regulations, statements, and guidance on this subject, replaces...Articles