Audrey D. Wisotsky is a partner with Pepper Hamilton LLP, resident in the Princeton office.
Ms. Wisotsky concentrates her practice on regulatory issues and transactions related to mortgage banking, consumer finance and the secondary mortgage market. Her representation of financial services clients includes regulatory, compliance and licensing issues; secondary mortgage market transactions, including the sale and purchase of mortgage loan portfolios, servicing agreements and various aspects of the securitization of mortgage loans; master servicing and sub-servicing agreements; and loan documentation, including state and federal disclosures.
Ms. Wisotsky also is experienced in representing community associations on matters of association governance, and developers of condominiums and planned unit developments in forming and obtaining regulatory approval for community association structures.
Representative engagements in the mortgage banking area include:
Ms. Wisotsky’s publications include:
- preparing the program documents for a nationwide mortgage lender’s correspondent purchase program
- representing a nationwide mortgage lender in its bulk mortgage loan sales in the secondary market
- licensing a mortgage lender nationwide
- representing a mortgage lender with respect to its agreement with a master servicer
- preparing a multi-state survey of state laws and regulations affecting mortgage lending activities
- representing various banks and financial service companies with respect to the bulk purchase of mortgage loans
- representing a lender with respect to its reconstituted servicing agreements and related issues in connection with the securitization of mortgage loans.
Ms. Wisotsky was selected for inclusion on the 2012 New Jersey Super Lawyers list.
- “Essentials for Creating a Strong Compliance Culture,” Thomson Reuters Accelus (April 12, 2012)
- “Residential Mortgage Brokers and Originators: Is Your AML Program in Place?” Pepper Hamilton LLP Financial Services Alert (February 8, 2012)
- “Homeowners Association Amendment to Master Declaration Forbidding Leasing Held to be Reasonable and Enforceable,” Pepper Hamilton LLP Real Estate Update (October 13, 2011)
- “FDIC Loan Sales - What’s Old Is New Again,” Bloomberg Law Reports - Banking & Finance (July 2011)
- “Regulators Seek Comments on Proposal Requiring Securitizers of Asset-Backed Securities to Retain Some Risk of Securitized Assets,” Pepper Hamilton LLP Financial Services Alert (March 31, 2011)
- “Sweeping Federal Financial Reform Legislation Overhauls the U.S. Financial System,” New Jersey Lawyer Magazine (October 2010)
- “Comprehensive Financial Reform Legislation Becomes Law,” Pepper Hamilton LLP Financial Services Alert (July 23, 2010)
- “Senate Passes Financial Services Reform Bill,” Pepper Hamilton LLP Financial Services Alert (May 26, 2010)
- “HUD Delays New ‘Required Use’ Definition Under RESPA Again,” Pepper Hamilton LLP Financial Services Alert (March 24, 2009)
- “Omnibus Appropriations Bill Contains TILA and FTC Rulemaking Surprises,” Pepper Hamilton LLP Financial Services Alert (March 24, 2009)
- “HUD’s New Final RESPA Rule Clarifies Mortgage Loans for Consumers, Calls for Enhanced Disclosures and Estimates by Lenders, and Is Already Facing Industry Opposition,” Pepper Hamilton LLP Financial Services Alert (January 12, 2009)
- “Non-Traditional Mortgage Products: Does Your Financial Institution’s Policy Pass Muster?” (co-author), chapter in Mortgage Developments 2007: Answers to Your Top Questions, published by Sheshunoff Information Services.
Ms. Wisotsky is a member of the American, New Jersey State, Mercer County and Princeton Bar Associations, as well as the Mortgage Bankers Association and the Mortgage Bankers Association of New Jersey. In addition, she is a board member of the New Jersey Bar Association’s Banking Law Section. She is a member and former chair of the Legislative Action Committee of the Community Associations Institute, New Jersey Chapter (CAI-NJ). She also is involved with numerous nonprofit organizations in the Princeton Community.
Before joining Pepper, Ms. Wisotsky was a shareholder with Jamieson, Moore, Peskin & Spicer, P.C.