Residential Finance Corporation (RFC) has announced that David K. Stein has joined the advisory board of Lenders One Mortgage Corporation, of which RFC is a member. Stein is among a select group of industry professionals who provide business and industry guidance to the cooperative. Stein is a part of the 18-member board that acts as the first line of contact for changes that affect lender members, and it also reviews all new initiatives and provides strategic direction for the leaders of the cooperative.
“RFC became a member of Lenders One in 2010; our business philosophies were complementary, and we wanted the benefit of sharing ideas and strategies with fellow lenders from around the country,” said Stein, senior vice president, general counsel and co-founder of RFC. “Being on the advisory board and working with other industry executives to steer the cooperative’s activities for the near future is an honor. It enables me to help my fellow members in their efforts to be successful.”
Stein has more than two decades of experience in progressive organizational environments. He directs legal, regulatory and compliance efforts at RFC. During his tenure, RFC has developed a comprehensive legal and compliance strategy and is now licensed in 37 states and is a HUD-approved Full Eagle lender. As a licensed attorney in Ohio and Florida, Stein has extensive experience in labor and employment law as well as real estate and civil litigation. He is also a former adjunct professor of law at The Ohio State University.
Stein is a nationally recognized speaker and presenter on regulatory compliance and banking laws. His specialties include employment law, general corporate law, financial services, consumer law and mortgage regulatory compliance. He also has expertise in all legal issues related to the financial services industry, federal and state consumer laws, real estate law and complex litigation involving employment law and business disputes.