
Matthew P. Previn
Partner
Biography
Matthew Previn, a partner in Buckley LLP’s New York office, specializes in the representation of banks, non-bank financial institutions, and companies providing financial products and services. He has extensive experience representing financial institutions in a wide range of regulatory examinations, investigations, and enforcement actions brought by myriad government agencies. In addition, he counsels banks and other financial services companies on bank and consumer finance issues, and advises boards and executive management on regulatory expectations, new products and services, and corporate governance.
Mr. Previn represents banks, mortgage originators and servicers, credit card issuers, and specialty finance companies in matters initiated by the Consumer Financial Protection Bureau (CFPB), Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Department of Justice (DOJ), Federal Trade Commission (FTC), and U.S. Department of Housing and Urban Development (HUD). He also has an active state regulatory practice, representing clients in matters before state banking regulators, including the New York Department of Financial Services (NYDFS), as well as multi-state groups such as the Multistate Mortgage Committee (MMC), and state attorneys general.
Mr. Previn also spearheads the firm’s Class Actions practice in New York, and has litigated cases arising under the Fair Housing Act (FHA), Equal Credit Opportunity Act (ECOA), Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Electronic Fund Transfer Act (EFTA), and unfair and deceptive trade practices statutes.
Current and recent representative regulatory and enforcement matters include the representation of a:
- Leading national bank in a joint CFPB and state attorney general investigation into alleged RESPA violations, resulting in a settlement with no admission of liability
- Major mortgage servicer in a CFPB investigation regarding compliance with mortgage servicing rules
- Large national bank in a CFPB investigation regarding compliance with the EFTA and Regulation E
- Leading financial technology company offering online consumer and small business loans in investigations by the CFPB, FTC, and state regulators regarding loan origination and servicing practices
- Leading national bank in an investigation by the New York Attorney General regarding deposit account practices
- Large national bank in False Claims Act (FCA) and Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) investigations by the U.S. Attorney’s Office for the Southern District of New York
Noteworthy litigation matters include the representation of:
- Banks and nonbank mortgage lenders in putative class actions challenging the formation and operation of MERS
- Large mortgage servicer in a putative nationwide class action regarding customer enrollment in home service and home warranty plans
- Leading credit card issuer in a class action regarding the reduction in credit lines and assessment of overlimit fees; a nationwide class settlement reached
- Leading national bank in a putative nationwide class action alleging RESPA violations in connection with an alleged captive mortgage reinsurance arrangement
- Multiple financial institutions in qui tam actions brought under the FCA and state law corollaries
Mr. Previn has been recognized by Legal 500 as a leading lawyer in Financial Services: Litigation. Prior to joining Buckley, Mr. Previn was Senior Counsel at HSBC Finance Corporation, where he provided regulatory advice and managed litigation for the bank credit card and private label credit card businesses. Before joining HSBC, he was a member of the financial institutions and litigation groups at WilmerHale.
Mr. Previn served as a law clerk to the Honorable Cornelia Kennedy of the United States Court of Appeals for the Sixth Circuit. He received his J.D. from Georgetown University and his B.A. from Yale University.
In The News
The Legal 500 2018 recognizes five practice areas and 17 attorneys at Buckley Sandler
Buckley Sandler LLP again has been noted as one of the nation’s top law firms by The Legal 500 in its 2018 rankings, with recognition in five practice areas:
- Financial Services: Litigation
- Financial Services: Regulation
- Corporate ...
Matthew Previn Profiled in Law360's Rainmaker Q&A Series
Matthew Previn was profiled by Law360 in a "Rainmaker Q&A" where he spoke about client service and delivering results on Tuesday, November 29, 2016. Q: What skill was most important for you in becoming a rainmaker? A: Fresh out of law school, I worked to become a good lawyer by learning all the...
In The NewsBuckley Sandler Hosts Eighth Annual Fair Lending Today Conference
Buckley Sandler LLP hosted its eighth annual Fair Lending Today conference in Washington, DC on March 13-14, 2016. The two-day event featured an evening of interactive roundtable discussions on fair lending issues, followed by a full day of seminars. The sessions were led by Buckley Sandler...
In The News
Publications
Special Alert: Election Results - Preliminary Thoughts and Reactions
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...
ArticlesSpecial 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...
ArticlesSpecial Alert: More Turbulence for Marketplace Lending - CFPB Prevails in "True Lender" Litigation
After what seems to be an extended season of heavy weather for marketplace lending, a federal district court in California unleashed a late-Summer lightning storm in Consumer Financial Protection Bureau v. CashCall, Inc. In a CFPB action leveled against the so-called “tribal model” of online...
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's Proposed Rule Regarding Payday, Title, and Certain Other Installment Loans
On June 2, 2016, the CFPB published its proposed rule (the “ Proposed Rule ”) addressing payday loans, vehicle title loans, and certain other installment loans (collectively “covered loans”). This alert summarizes the Proposed Rule and compares the Proposed Rule to the CFPB’s March 26, 2015 outline...
ArticlesSpecial Alert: SCOTUS Vacates Ninth Circuit Decision in Case Alleging Procedural FCRA Violations
On May 16, the United States Supreme Court issued an opinion vacating the Ninth Circuit’s 2014 ruling that a plaintiff had standing under Article III of the Constitution to sue an alleged consumer reporting agency as defined by the Fair Credit Reporting Act (FCRA), for alleged procedural violations...
Articles
Awards and Recognitions
Awards & Recognitions
- Legal 500 2018: Recognized in Financial Services: Litigation
Practice Areas
- Alternative Finance
- Appellate
- Bank Counseling & Compliance
- Class Actions
- Complex Civil Litigation
- Consumer Finance
- Consumer Financial Protection Bureau
- Credit, Debit & Prepaid Cards
- Enforcement Actions & Investigations
- Fair Lending
- False Claims Act & FIRREA
- Federal Trade Commission
- Fintech
- Internal Investigations
- Mortgages
- State Attorneys General
- Unfair, Deceptive, or Abusive Acts or Practices
Education
- J.D., Georgetown University, 1996 (with honors)
- B.A., Yale University, 1992
Admissions
- District of Columbia
- New York
- U.S. Court of Appeals for the Second Circuit
- U.S. Court of Appeals for the Third Circuit
- U.S. Court of Appeals for the Fourth Circuit
- U.S. Court of Appeals for the Fifth Circuit
- U.S. Court of Appeals for the Sixth Circuit
- U.S. Court of Appeals for the Seventh Circuit
- U.S. Court of Appeals for the Eighth Circuit
- U.S. Court of Appeals for the Ninth Circuit
- U.S. Court of Appeals for the District of Columbia Circuit
- U.S. District Court, District of Columbia
- U.S. District Court, Central District of Illinois
- U.S. District Court, District of Maryland
- U.S. District Court, Eastern District of New York
- U.S. District Court, Southern District of New York
Government Service
- Law Clerk, Hon. Cornelia Kennedy, U.S. Court of Appeals, Sixth Circuit