Washington DC | Dallas TX | Irvine CA
202.628.2000

Shannon M. Sullivan

Shannon Sullivan

Shannon M. Sullivan

Associate

Contacts

1300 19th Street NW, 5th Floor
Washington, DC 20036-1609

Shannon focuses on state and federal regulatory compliance matters related to the financial services industry. She regularly advises clients on state and federal licensing and approval requirements, and prepares multi-state surveys pertaining to mortgage lending, brokering and servicing.

Practice Areas

Education

  • Boston College Law School, J.D., cum laude, 2013
  • Boston College, B.A., 2008

Admissions

  • District of Columbia
  • Massachusetts

Representative Matters

  • Conducted multi-state survey of state licensing requirements and exemptions for purchasing mortgage loans, servicing mortgage loans and holding mortgage servicing rights (MSRs) for a subsidiary of a national bank client
  • Assisted client with drafting policies and procedures regarding mortgage servicing
  • Reviewed Home Equity Conversion Mortgage (HECM) loan documents for compliance with state and federal requirements
  • Conduct legislative tracking of state bills impacting the reverse mortgage industry
  • Review applicability of state mortgage licensing requirments nationwide to subsidiary mortgage company of state-chartered bank and assist in acquiring company and branch office licenses for mortgage company, and licenses and registrations for its MLOs

Publications

  • Chapter contributor, Real Estate and Mortgage Banking: A New Era of Regulatory Reform (Thomson Reuters 2017-2018)