Craig Nazzaro

Attorney

Craig Nazzaro is of counsel in Baker Donelson's Atlanta office and is a member of the Consumer Finance Litigation and Compliance Group. Before joining Baker Donelson, Mr. Nazzaro was a vice president and assistant general counsel with J.P. Morgan Chase, where he managed and coordinated a legal team in responding to and resolving consumer lending issues presented by State Attorneys Generals, HUD, CFPB, OCC, State Banking Departments and Congressional inquiries. Mr. Nazzaro also led the implementation and management process for the bank's Executive Office's compliance with the National Mortgage Settlement, as well as changes to various processes to comply with the Dodd Frank Act. He can be reached at cnazzaro@bakerdonelson.com.

Dodd-Frank

Servicers Need Clarity on CFPB's View of Private-Label Practices

Nonbank servicers should proactively ask for guidance on the Consumer Financial Protection Bureau's muddled private-label servicing policies, as they are likely to soon be under scrutiny.

By Craig Nazzaro

January 11
Foreclosures

Miami Lawsuit Against Banks May Redefine Scope of Fair Housing Act

A lawsuit brought by the City of Miami has the potential to determine the reach of legal actions brought against lenders under the Fair Housing Act.

By Craig Nazzaro

July 27
Underwriting

CFPB Must Address Lenders' HMDA Data Privacy Concerns

The Consumer Financial Protection Bureau is keeping lenders in the dark about how it will ensure borrower data is secure and private under the expanded Home Mortgage Disclosure Act reporting requirements.

By Craig Nazzaro

June 29
Enforcement

Can FHA Lending Be Saved from the Department of Justice?

Credit access and homeownership for low- to moderate-income families are under siege by the DOJ's overuse of the False Claims Act, as lenders worried about punitive damages discontinue Federal Housing Administration loan programs.

By Craig Nazzaro

May 11
Compliance

CFPB's Court Challenges Could Have Been Avoided

The courts would not be getting involved in defining the reach of the Consumer Financial Protection Bureau if the architects of the agency had instituted a commission to oversee it.

By Craig Nazzaro

April 26
Compliance

The Case for a CFPB Commission

Creating a bipartisan commission to manage the Consumer Financial Protection Bureau will make the agencys rules longer-lasting and place needed checks on the directors authority.

By Craig Nazzaro

March 18
Compliance

The CFPB's Complaint Database Is a Treasure Trove of Opportunity

The Consumer Financial Protection Database might be unfair to the financial services industry, but the information it holds for lenders and servicers can help them manage customer service and avoid costly litigation.

By Craig Nazzaro

October 22