SPECIAL BRIEFING: The Impact of the NAR Settlement on Mortgage Banks

Join Ari Karen with Mitchell Sandler for this SPECIAL BRIEFING: The Impact of the NAR Settlement on Mortgage Banks

Date: Tuesday, August 6, 2024

Time: 2:00PM – 3:00PM

Location: Virtual via ZOOM

Pricing: FREE! | Event Sponsor: $250

The NAR settlement marks a dramatic shift in how the US Housing Market transacts business and this will undoubtedly lead to challenges and opportunities affecting both realtors and lenders. During this special briefing, we will discuss the settlement and its effects, specifically on lenders. During this session, you will learn and develop insight into:

• -The terms of the settlement and potential changes affecting home purchase transactions
• -How this will affect realtors and indirectly the relationships between agents and mortgage lenders
• -New business models that are likely to emerge in mortgage banking as a result of the NAR Settlement
• -Possible legal challenges, opportunities, and strategies for developing compliant economic relationships between lenders and agents
• -Compliance implications of potential strategies that lenders will begin to employ, affecting LO Compensation and Referrals

Meet the Speaker:

Ari Karen, Mitchell Sandler PLLC

Ari represents businesses and financial institutions in litigation matters, government investigations, and advises clients on regulatory compliance matters. He is widely praised for his business-friendly style of representation that combines aggressive advocacy with a sensitivity to practical business considerations. Ari’s approach looks at the impacts of legal strategy in real life scenarios, allowing his clients to remain both compliant and competitive.

His practice is diverse, covering subject matters including banking regulations, consumer protection regulations, Dodd-Frank financial reform laws, contractual disputes, employment and labor statutes, wage-hour class actions, employment discrimination and fair lending matters, whistleblower complaints, and non-competition claims. This combination of expertise in employment, litigation, and regulatory matters allows him to develop and implement multifaceted strategies drawing from diverse experiences that provide his clients an edge in litigation and competitive environments.

Ari litigates before state and federal trial and appellate courts nationwide. He has won precedent-setting decisions against the United States Equal Employment Opportunity Commission, blocking the EEOC’s efforts to establish that employers could be held liable for violations of Title VII dating back to its passage in 1964. He has also counseled mortgage banks and financial services firms on their development of cutting-edge employment policies and procedures, as well as developing creative but compliant business strategies. These procedures have allowed institutions to solve legal and regulatory challenges without disrupting proven business models or undermining competitive advantages.