Ari Karen

Ari Karen, an attorney at Offit Kurman, has counseled several mortgage banks and financial services firms on the development and implementation of policies and procedures related to allowing institutions to remain compliant with wage hour laws. He counsels clients in proactive and practical means of compliance with technical wage-hour laws and other labor and employment regulations. His litigation expertise includes unfair competition, fiduciary breach, partnership disputes, worker misclassification and minimum wage and overtime claims in all state and federal trial and appellate courts. He has spoken at several industry conferences.

Will Court Move Lead to CFPB Uncertainty?
May 17, 2013 A court found a recess appointment to the National Labor Relations Board was unconstitutional. This could affect the Consumer...

The CFPB’s Horizontal Push
May 10, 2013 It appears that one of the chief enforcement tools of the Consumer Financial Protection Bureau is the use of the horizontal...

New CFPB Clarifications Add to Regulatory Framework
May 3, 2013 The rules provide guidance on how rental income and self-employed income can be considered.

A Compliance Case Study
April 26, 2013 I received a call from the owner of a settlement services company seeking representation because a number of clients had...

CFPB MI Move Has Broader Implications
April 19, 2013 This enforcement action serves as an important lesson to lenders who enter into marketing agreements with builders, title...

Who Is an Originator?
April 12, 2013 Since the final loan officer compensation rule came out, many have been trying to figure out who exactly is considered an...

Preparing for a CFPB Exam
April 5, 2013 Preparing for a Consumer Financial Protection Bureau exam means implementing requirements in the CFPB’s 800-plus page...

Originator Concerns: First Signs of Trouble…
March 31, 2013 Learn the top three warning signs that there may be trouble with an originator that could lead to legal/compliance risks.

The Problem with Open Ended Loans
March 22, 2013 The safest bet is to put plans in place that avoid strong incentives to steer a customer to a less appropriate loan.

Clearing Up the Confusion on Compensating Managers/Owners
March 15, 2013 New loan officer compensation laws that exclude payments to originators of 10 or fewer loans over a 12 month period are...