Kathryn Goodman is an Associate in the Chicago office of Buckley LLP. Ms. Goodman’s practice focuses on the federal and state regulatory needs of financial services companies, including mortgage companies, consumer lenders, commercial lenders, and secondary market loan purchasers.
She advises clients on federal and state compliance requirements and licensing and transactions issues, with particular emphasis on Federal Housing Administration (FHA) compliance and risks associated with the False Claims Act (FCA). Ms. Goodman assists clients with matters before state regulatory agencies, the Consumer Financial Protection Bureau (CFPB), the Department of Justice (DOJ), and Department of Housing and Urban Development (HUD). In addition, she provides strategic advice to help clients identify and secure nationwide federal and state approvals necessary to achieve operational goals.
Representative matters include:
- Assisting private equity firms with regulatory due diligence and acquisition of consumer financial services companies
- Providing licensing, regulatory, and compliance advice regarding the formation and operation of commercial lending businesses
- Responding to federal and state enforcement actions, including CFPB Civil Investigative Demands (CIDs)
- Assisting clients with audits by the Quality Assurance Division of the Federal Housing Administration (FHA)
- Assisting a client with an False Claims Act (FCA) investigation by DOJ and HUD’s Office of Inspector General
Prior to joining Buckley, Ms. Goodman was an analyst with Promontory Financial Group, working with compliance products related to Dodd-Frank and litigation-based needs of the financial services industry.
Ms. Goodman received her J.D. from American University in 2012, where she was a publications editor of the Legislation and Policy Brief. During law school, she interned for the Securities and Exchange Commission (SEC), the Department of the Treasury, and the CFPB. Ms. Goodman received her B.A. from Georgetown University in 2008.
"Educational tools may bring regulatory risk for fintech cos." by H Joshua Kotin, Michelle L. Rogers, and Kathryn R. Goodman (Law360)
Financial services providers are increasingly combining delivery of products and services with advice designed to help consumers make better-informed financial decisions. Fintech companies, which typically rely upon data and analytics as fundamental components of their business proposition, should...Articles
"7 tips for surviving FHA’s annual recertification process" by Melissa Klimkiewicz, Michelle L. Rogers, Kathryn L. Ryan, and Kathryn R. Goodman (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
Melissa Klimkiewicz, Kathryn L. Ryan, and Kathryn R. Goodman 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...Articles
With sighs of relief, the vast majority of Federal Housing Administration (FHA) mortgage insurance program participants completed the fiscal year 2015 annual recertification process. The process requires attesting to 10 broad and somewhat ambiguous statements regarding the mortgagee’s compliance...Articles
- J.D., American University, 2012
- B.A., Georgetown University, 2008
- District of Columbia
- U.S. District Court, Northern District of Illinois