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.

Simplifying the 3% Points and Fees Rule
June 14, 2013 An oversimplified but generally useful way of understanding what is included in the 3% cap, is that it is the same as the old...

CFPB Officially Mandates Compliance Infrastructure
June 7, 2013 The Consumer Financial Protection Bureau's mandatory exam procedures aim “to appraise the quality of the financial...

QM Cap Discourages a Form of Broker Comp
May 31, 2013 Creditor payments to brokers will count toward the cap in the Consumer Financial Protection Bureau’s qualified mortgage...

The CFPB Will Not Think You Are Too Small to Matter
May 24, 2013 For those entities that believe they are too small to be impacted by the Consumer Financial Protection Bureau, think again.

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...