Washington DC | Dallas TX | Irvine CA

Troy W. Garris


Troy W. Garris



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

Troy focuses on federal and state regulatory matters, mergers and acquisitions (M&A deals), and employment law on behalf of mortgage originators and servicers, title companies, secondary market investors, and builders. He advises clients on federal and state law compliance issues, including under RESPA, TILA, E-Sign, FCRA, CAN-SPAM, Fair Lending, and privacy, and counsels clients on the requirements of FHA, VA, Fannie Mae, Freddie Mac and private investors. Troy represents and defends companies in proceedings before regulatory agencies, including the Consumer Financial Protection Bureau (CFPB), Department of Housing and Urban Development (HUD), Mortgagee Review Board (MRB), Federal Housing Administration (FHA), federal and state banking examiners, and insurance commissions.

Troy routinely is involved in forming, acquiring and selling mortgage banking companies. He helps clients perform and prepare for comprehensive due diligence reviews, and advises clients regarding credit lines, mortgage sale and servicing agreements, and establishment of joint ventures and affiliated business arrangements (ABAs).

Troy prides himself on working closely with company owners and management to find creative solutions to problems in ways that meet both the legal requirements of the regulatory environment and the business objectives of the company. He regularly speaks at industry functions nationwide regarding regulatory and litigation matters affecting the consumer financial services industry.

Practice Areas


  • American University, Washington College of Law, J.D., magna cum laude, 1997
  • University of Houston, B.A., 1990


  • District of Columbia
  • New York
  • Texas

Representative Matters

  • Represented mortgage lenders and related companies in proceedings before the CFPB, HUD, FHA, the Federal Trade Commission (FTC), and state regulatory agencies, including matters involving Advertising Rules, the Mortgagee Review Board (MRB), Governmental Debarment, and the Program Fraud Civil Remedies Act (PFCRA)
  • Conducted due diligence review of mortgage originators and servicers in mergers and acquisition transactions
  • Assisted investors, including investment bankers, private equity funds, and hedge funds, in complex acquisitions of large and small mortgage companies on both the buy-side and sell-side
  • Resolved regulatory and compliance issues with state and federal mortgage and banking regulators
  • Negotiated and drafted agreements for affiliated business, joint ventures, marketing, private label, and correspondent lending arrangements
  • Negotiated and drafted employment agreements for lenders and affiliated companies compliant with LO compensation, minimum wage, and overtime requirements
  • Assisted companies with repurchase demands
  • Developed policies and procedures effecting company-wide compliance and adopting risk management approach
  • Conducted CFPB mock examinations for clients


  • Mortgage Bankers Association – Future Leader Class of 2007


  • American Bar Association
  • Mortgage Bankers Association (Legal Issues and Regulatory Compliance Committee, State Legislative and Regulatory Committee, Litigation Committee)
  • Texas Mortgage Bankers Association (Board Member, Chairman of Regulatory Compliance Committee)
  • Mortgage Action Alliance