Education
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American University Washington College of Law, J.D., 2004
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Vanderbilt University, B.A., magna cum laude, 2000
Bar Admissions
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District of Columbia
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Virginia
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Heather Hutchings advises clients in the mortgage lending industry on issues related to state and federal compliance.
Ms. Hutchings’ practice focuses on laws and regulations governing mortgage lenders, mortgage brokers, financial institutions, consumer finance companies and homebuilders. She works with clients on matters concerning laws such as the Fair Credit Reporting Act (FCRA), Truth in Lending Act (TILA), Home Ownership and Equity Protection Act (HOEPA), Gramm-Leach-Bliley Act, Real Estate Settlement Procedures Act (RESPA), Home Mortgage Disclosure Act (HMDA) and Interstate Land Sales Act. With respect to state laws, Ms. Hutchings advises clients on privacy, disclosures, predatory lending, usury, fees and licensing. She provides guidance on responding to regulatory audits and inquiries and performs due diligence of lenders in proposed acquisitions.
Professional Affiliations
Women in Housing & Finance
Representative Matters
- Advised clients on compliant implementation of new RESPA rule requirements.
- Revised privacy notice and assisted financial institution with integrating new notice and policies in light of FCRA requirements and GLBA model notice changes.
- Reviewed marketing materials to identify federal and state compliance issues.
- Analyzed entity and individual real estate and auctioneer licensing requirements for online bidding platform to sell notes and real estate nationwide.
- Assisted clients in identifying notice requirements nationwide related to state administrative actions.
- Drafted a privacy policy and related disclosures for a family of companies in the financial services industry to comply with information sharing and affiliate marketing restrictions.
- Reviewed and revised the information security plan for a mortgage lender and its affiliated builder.
- Prepared red flag guidelines for mortgage lenders and brokers.
- Identified licensing requirements for an Internet-based lead generator and assisted in fulfilling those requirements.
- Provided a 50-state survey of commercial usury laws.
- Reviewed standard preconsummation fees for compliance with restrictions in 50 states and the District of Columbia for a national mortgage lender.
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