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Mike Silver
Partner
Spencer Fane LLP
Mike G. Silver is a partner at Spencer Fane LLP, serving as a financial services and FinTech advisor, thought leader, and founding member of the CFPB’s Office of Regulations. He counsels mortgage lenders, banks, FinTech companies, and other financial services clients on regulatory compliance, product development, and policy advocacy. Drawing on more than two decades of multifaceted experience in Washington, DC, Silver helps position clients to achieve their business objectives in an evolving regulatory environment.
Mike’s practice focuses on mortgage origination and consumer lending (RESPA, TILA, TRID); UDAAP; small-dollar lending, including earned wage access; deposits; debt collection; fair lending; credit reporting; and administrative law. Having helped shape the CFPB’s approach to innovation issues, Mike is especially attuned to the intersection of regulation and technology, including Open Banking, use of AI in financial services, and regulations governing lead generation and digital marketing tools. His thought leadership on CFPB developments and the intersection of regulation and technology has been published in Law360, American Banker, and Open Banker.
Mike, who co-leads Spencer Fane’s Mortgage Regulatory Market Team, has especially deep expertise on mortgage regulations and helped shape many of the federal rules and policies in place today. He led the CFPB’s RESPA Section 8 policy work for more than five years, drafted key RESPA guidance documents, and helped write the CFPB’s Loan Originator Compensation and TRID rules. Mike leverages this experience to advise mortgage companies and brokers, real estate brokerages, lead generators, and other market participants on a wide range of RESPA-related issues and regulatory compliance strategies.
Mike also speak regularly to the Mortgage Bankers Association about RESPA Section 8 issues.
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Justin Wiseman
Vice President for Residential Policy and Managing Regulatory Counsel
Mortgage Bankers Assocation (MBA)
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Robert Rozboril
Editor, Dodd Frank Update
October Research, LLC
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