Kathryn L. Ryan
Partner
Biography
Katy Ryan advises financial services companies on a variety of regulatory, licensing, compliance, and transactional matters, including federal and state compliance requirements, Secure and Fair Enforcement (SAFE) Act compliance, Federal Housing Administration (FHA) compliance and the risks associated with the False Claims Act (FCA) and Financial Institutions Reform, Recovery and Enforcement Act (FIRREA).
In The News
APPROVED expands team with two key additions
WASHINGTON, D.C. (Oct. 28, 2019) APPROVED , Buckley's licensing service for financial services companies, announces the addition of two key players as it expands its state examination management and California licensing capabilities — Kristie Battershell and Debbie Stopeck. “We continue to build...
Press Releases
Publications
"Servicers and the expanding student loan law landscape" by Kathryn Ryan and Magda Gathani (Law360)
Student debt has long been an area of national concern, predating the Biden administration's efforts to reduce it, and the matter's subsequent landing in the U.S. Supreme Court. As a result of the ensuing scrutiny, student loan servicers are now subject to ever-increasing regulatory and licensing...
Articles"Expect greater regulatory scrutiny of crypto-asset activities" by Kathryn L. Ryan, Gordon L. Miller, and Max Bonici (Law360)
In mid-August, the Federal Reserve issued guidance on crypto-asset and related activities, joining the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation in alerting their supervised entities that they must provide written notice before engaging in this space...
Articles"Commercial lenders brace for consumer-style disclosures in California and beyond" by Clinton R. Rockwell and Kathryn L. Ryan (Equipment Leasing & Finance Magazine)
In September 2018, California became the first state to enact commercial financing legislation requiring consumer-style disclosures similar to those required for consumer loans under the federal Truth in Lending Act (TILA) and Regulation Z. Senate Bill 1235, the common shorthand for the new statute...
Articles"Betting on sports wagering? Double down on licensing prep" by Andrew R. Louis, Kathryn L. Ryan, and Brian W. Bartholomay (Sports Litigation Alert)
Sports betting has flourished in the year since a Supreme Court decision gave states the right to legalize it, with eight states now offering some form of sports betting and almost 30 in various stages of weighing legislation that would do so. Some of the new players are borrowing from existing...
Articles"7 tips for surviving FHA’s annual recertification process" by Melissa Klimkiewicz and Kathryn L. Ryan (HousingWire)
The past year brought some good news for Federal Housing Administration mortgagees, as top Department of Housing and Urban Development officials continued to urge the Department of Justice to reduce reliance on the False Claims Act in enforcing FHA program requirements. Notwithstanding this...
Articles"Equipment finance: Understanding licensing obligations" by Kathryn L. Ryan (Equipment Leasing & Finance Magazine)
Licensing Considerations, Generally The applicability of state licensing laws may depend on multiple factors, including transaction structures, business entity types and whether the activities are appropriately classified as “commercial” or another type of non-consumer transaction. Although the...
ArticlesC-Suite Financial Services Review: Navigating state money-transmission laws
Financial technology companies’ entry into the payment, money transmission, consumer and commercial finance, and virtual-currency markets has spotlighted byzantine state money-transmission laws. State regulators are generally responsible for licensing and supervising the activities of money...
C-Suite Review"Improving your odds on the gambling frontier" by Andrew R. Louis, Kathryn L. Ryan, and Tim Lange (SportsBusiness Journal)
The Supreme Court has laid the groundwork for sports betting in any state that wants it, but those predicting an imminent land grab by betting houses may not fully appreciate the deliberate and occasionally painstaking process that most states will likely implement. Careful planning now to...
ArticlesC-Suite Financial Services Review: The Return of the Wholesale Mortgage Broker
The prevalence of wholesale mortgage brokers has fluctuated dramatically in the past two decades, peaking in the mid-to-late 2000s due to high homebuyer demand and a comparatively lax regulatory environment, and crashing with the housing market and subsequent financial crisis. The massive overhaul...
C-Suite ReviewMelissa Klimkiewicz and Kathryn L. Ryan authored a National Mortgage News article, "State Regulators Have Their Eye on Reverse Mortgage Lenders"
The U.S. population is aging, and one of the well-established components of the American dream — buying and owning a home — appears poised to aid in the baby boomers' next phase of life. In fact, an increasing number of older Americans are expected to tap into their home equity to fund their living...
ArticlesSpecial Alert: CFPB Finalizes Amendments to Mortgage Servicing Rules
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...
ArticlesSpecial Alert: CFPB Proposes Amendments to Know Before You Owe/TRID Rule
On Friday, the CFPB issued its much anticipated proposal to amend the KBYO/TRID rule. The CFPB crowded dozens of proposed changes into the almost 300 page proposal, most of which are highly technical and require careful examination. As the Bureau has signaled since its intention to issue amendments...
Articles
Practice Areas
- Auto Finance
- Broker-Dealers & Investment Advisers
- Consumer Finance
- Consumer Financial Protection Bureau
- Debt Collection & Buying
- Enforcement Actions & Investigations
- Examinations
- Equipment Leasing & Finance
- False Claims Act & FIRREA
- Fintech
- Licensing
- Mortgages
- Private Banking
- Private Equity & Venture Capital
- Transactions
Education
- J.D., Catholic University, 2004
- B.A., University of Virginia, 2001
Admissions
- District of Columbia
- Maryland
- South Carolina