Banco Popular de Puerto Rico

Mr. McDermott is a founding principal and the VP of Business Development at Fay Financial, special servicer of residential whole loans. He is responsible for marketing and management of strategic partnerships with alternative investors and banking institutions. Mr. McDermott has capital markets experience in both mortgage-backed security and equity markets and has spent the majority of his career in institutional sales at UBS and Stifel Nicolaus. There he developed and managed research and trading relationships with some of the largest hedge funds, mutual funds, and pension funds in the U.S. He received his MBA in Finance, Marketing and Accounting from Northwestern University’s Kellogg School of Management and his undergraduate degree in Finance from Georgetown University.

Brian’s practice focuses on financial services litigation and regulatory compliance, with an emphasis in residential mortgages. In 2012, Brian was named a “Rising Star” by Alabama Super Lawyers in the Real Estate Section. Brian has also earned his Accredited Mortgage Professional designation through the Mortgage Bankers Association (MBA), and is one of a small number of lawyers who have achieved this status. Brian is a regular instructor for the MBA at the Schools of Mortgage Banking I and II, teaching Regulatory Compliance, Laws Affecting the Mortgagee’s Interest in Property, and Ethics in the Financial Services Industry. Brian also teaches Secured Real Property as an adjunct professor at the University of Alabama School of Law. Brian has represented numerous clients relating to the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board (FRB) Consent Orders. This representation includes developing, drafting, and implementing third party vendor management policies and procedures, providing legal support to independent consultants under the Foreclosure Review section of the Orders, including the creation of compliance test plans for all 50 states, and improving and expanding policies and procedures related to document execution and notary observance. Brian was also involved in the $25 billion national mortgage settlement that was finalized on March 12, 2012. Over the past eleven months, BABC worked with the 49 states' attorneys general and the Department of Justice in resolving issues surrounding allegedly deficient on improper documentation related to residential mortgage default servicing. BABC also helped in negotiating the national servicing standards that will govern residential mortgage servicing on a go-forward basis. Brian is licensed in eight states (Alabama, District of Columbia, Florida, Georgia, Mississippi, New York, Tennessee, and Texas) and represents financial services clients in federal and state courts nationwide. Brian has litigated cases involving causes of action of TILA, RESPA, FDCPA, FCRA, RICO, predatory lending, mortgage related fees and services, title insurance, wrongful foreclosure, and state deceptive trade practices law. Brian has also litigated all facets of the financial services industry, including origination, warehouse lending, pooling and servicing agreements, loan repurchase disputes, investor disputes, servicing matters, and mortgage fraud. In addition, Brian has managed class actions in Alabama, California, Florida, Illinois, and Nevada. Brian leverages technology for the benefit of firm clients through an extranet, whereby clients have access to a BABC website that allows them to retrieve and open documents from multiple files. The extranet acts as a real-time, paperless file that can be accessed at all times regardless of location. Because security is a priority, the site is password protected and maintained by BABC’s Information Technology Department.

Joseph L. Barloon is the co-leader of Skadden�s Consumer Financial Services Litigation and Enforcement practice. He represents a wide range of financial institutions in federal and state civil, criminal and enforcement agency investigations and actions. In addition, Mr. Barloon frequently conducts internal investigations, provides compliance advice regarding consumer financial services, internal controls and related issues, and regularly assists with due diligence for financial services transactions. Mr. Barloon has litigated numerous matters in federal courts throughout the country and regularly represents financial institutions before the Department of Justice, the Federal Deposit Insurance Corporation, the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Trade Commission and various state agencies. Illustrative cases include the representation of:a national mortgage lender in Federal Trade Commission and state attorney general investigations of allegations of discriminatory pricing and unfair or deceptive acts or practices;a property and casualty insurer in the resolution of Department of Housing and Urban Development and Department of Justice claims relating to the Fair Housing Act;an indirect auto lender in the resolution of Department of Justice claims relating to fair lending violations in automobile sales financing;a national accounting firm in tax shelter-related matters;a regional bank in overdraft fee litigation;a multistate mortgage lender in a Department of Justice fair lending inquiry; andan investment bank in a grand jury investigation alleging official misconduct.Mr. Barloon has lectured and published on various topics, including corporate compliance programs and consumer financial services litigation and enforcement. He has been selected repeatedly for inclusion in Chambers USA: America�s Leading Lawyers for Business.

Martin J. Gruenberg is the 20th Chairman of the FDIC, receiving Senate confirmation on November 15, 2012 for a five-year term. Mr. Gruenberg served as Vice Chairman and Member of the FDIC Board of Directors from August 22, 2005 until his confirmation as Chairman. He served as Acting Chairman from July 9, 2011 to November 15, 2012, and also from November 16, 2005 to June 26, 2006. Mr. Gruenberg joined the FDIC Board after broad congressional experience in the financial services and regulatory areas. He served as Senior Counsel to Senator Paul S. Sarbanes (D-MD) on the staff of the Senate Committee on Banking, Housing, and Urban Affairs from 1993 to 2005. Mr. Gruenberg advised the Senator on issues of domestic and international financial regulation, monetary policy and trade. He also served as Staff Director of the Banking Committee's Subcommittee on International Finance and Monetary Policy from 1987 to 1992. Major legislation in which Mr. Gruenberg played an active role during his service on the Committee includes the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA); the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA); the Gramm-Leach-Bliley Act; and the Sarbanes-Oxley Act of 2002. Mr. Gruenberg served as Chairman of the Executive Council and President of the International Association of Deposit Insurers (IADI) from November 2007 to November 2012. Mr. Gruenberg holds a J.D. from Case Western Reserve Law School and an A.B. from Princeton University, Woodrow Wilson School of Public and International Affairs.

Gale Blackstock is Senior Vice President and Fair Lending Manager for BBVA Compass, headquartered in Birmingham, Alabama. Prior to joining BBVA Compass, Gale owned a consulting firm, Braasch & Blackstock, LLC. The firm provided regulatory compliance services for community and regional financial institutions, specializing in fair lending and compliance program development. Gale began her banking career in 1985 with SouthTrust Corporation as a Compliance Auditor. She joined Regions Financial Corporation in 1990. She was CRA and Fair Lending Manager for Regions until 2006 when she left to form the consulting firm. Gale currently is a member of CBA’s (Consumer Bankers Association) Fair Lending Committee. She is a graduate of the University of Alabama and is a Certified Regulatory Compliance Manager (CRCM). In her 26-year career in banking she has worked in Compliance Audit, Consumer Compliance, HMDA Data analysis and reporting, and CRA and Fair Lending.

As Senior Vice President and Compliance Manager for Wells Fargo, Jay oversees the compliance programs in the business units that make up the Community Banking Group. These units include the Regional Bank stores, Home Equity, Internet Services, Enterprise Marketing, Auto Dealer Services, Merchant Services, Consumer/Small Business Deposits, Business Direct, Wells Fargo Customer Connection call centers, Small Business Administration and Business Payroll Services. Key activities include regulatory relations, project support, change management, and internal compliance training and communications. Jay has 18 years experience in financial services. He joined Wells Fargo in February 1994 and has held various business operations, compliance and operational risk management positions during his tenure. He earned a Bachelor of Science in Management from Spring Hill College, Mobile, AL and a Masters of Business Administration from the University of Colorado, Colorado Springs, CO. Jay is a Certified Regulatory Compliance Manager (CRCM).

Frank is a Managing Principal of Capco. He has 30+ years of experience in finance and risk management, including projects in mortgage banking, consumer lending, and investment management, both as a consultant and a bank executive. Frank specializes in identifying critical risks/opportunities (especially involving credit & market risk), quantifying their impact and presenting these insights creatively. Frank is currently responsible for Capco’s Automated Underwriting Decisioning tool that focuses on home loan valuations and loss mitigation/loan modification strategies. Prior to Capco, Frank worked as a SVP at Marsh’s Oliver Wyman. He was a Principle of Arthur Andersen/Accenture and also a senior M&A analyst at First Nationwide Bank (during the last S&L crisis) and a First VP at Wells Fargo in their home lending businesses. His finance expertise was honed while serving as CFO for Citibank’s International Private Bank.

Robert Shiller was part of the original team when Wingspan Portfolio Advisors was founded in 2008. He has played a key role in developing Wingspan�s core business of problem loan resolution, working with transactions that have been deemed hopeless and finding ways to turn them into re-performing assets. He is responsible for Wingspan�s Enhanced Servicing Solutions unit, which focuses on home retention and foreclosure alternative strategies, and is among the nation�s top experts in the field of handling problem loans. Twice awarded �Servicer of the Year� honors by Mortgage Technology, Wingspan was recently named #23 on the Inc. 500 list of fastest-growing private companies in the U.S.

Marlon Groen is Vice President of Legal and Compliance at PHH Mortgage and is responsible for partnering with the business units to maintain compliance with applicable state and federal laws impacting the mortgage lending business from loan origination through foreclosure. This role is critical to PHH Mortgage business to ensure compliance with mortgage banking and servicing state and national legal requirements. Prior to joining PHH, Marlon was Vice President and Senior Counsel at Sovereign Bank where he was providing legal compliance support in all areas of wholesale and retail residential mortgage lending, servicing and default. Marlon obtained his Bachelor of Arts degree In History and Political Science from the University of Delaware, and his Juris Doctorate from Brooklyn Law School.