Bo Ranney
Bo Ranney

Bowen "Bo" Ranney

Associate

ranneyb@ballardspahr.com
Tel 202.661.2234
Fax 202.661.2299
Washington, DC

Bowen "Bo" Ranney is an associate in the Consumer Financial Services and Mortgage Banking Groups. Mr. Ranney helps clients implement compliance systems, and prepare for Consumer Financial Protection Bureau (CFPB) exams. He has represented clients in examinations and investigations with the CFPB, Federal Deposit Insurance Corporation (FDIC), U.S. Department of Justice (DOJ), and various state and local agencies. He advises clients on compliance with the full range of federal and state consumer financial services laws, including the various laws enumerated by the Dodd-Frank Act; prohibitions against unfair, deceptive, and abusive acts and practices; and usury, licensing, and privacy laws.

Before joining Ballard Spahr, Mr. Ranney was a Presidential Management Fellow and later an Examiner with the CFPB, working in both supervision and enforcement. He played a key role on the team that filed the CFPB’s first application for a temporary restraining order. In that matter, he investigated and documented activities violating federal consumer financial protection laws and developed the case to support the CFPB’s lawsuit. He has been involved in cases alleging violations of the Consumer Financial Protection Act (Title X of the Dodd-Frank Act), Fair Debt Collection Practices Act, Mortgage Assistance Relief Services Rule, Telemarketing Sales Rule, and other federal consumer financial services laws.

Mr. Ranney also has experience reviewing bank and nonbank institutions’ consumer files and internal documents to ensure compliance with federal consumer financial protection laws, including the Credit CARD Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, Home Mortgage Disclosure Act, Truth in Lending Act, Truth in Savings Act, and related regulations. He led compliance examinations of bank and nonbank institutions as the examiner-in-charge and as the team lead, and his responsibilities included meeting with senior management at financial institutions to discuss and address alleged violations.

While in law school, Mr. Ranney served legal internships at the:

  • Capital Defender and Federal Habeas Clinic, BLS Legal Services Corp.
  • New York State Attorney General’s Office, Civil Rights Bureau
  • Kings County District Attorney’s Office, Grey Trial Zone
  • South Brooklyn Legal Services, Housing Law Unit

Mr. Ranney served in the U.S. Navy as a Surface Warfare Officer for four years, with two deployments to the Mediterranean and Arabian Seas, and was a professional musical theater actor for eight years.

Pro Bono Experience

Mr. Ranney assists prisoner applicants seeking commutations of lengthy sentences as part of the Clemency Project, an initiative per Department of Justice criteria to assist federal prisoners who would likely have received a shorter sentence if they had been sentenced today.

Professional Activities

American Bar Association

Recognition & Accomplishments

Ballard Spahr’s 2016 Pro Bono Award for work on the Clemency Project

Speaking Engagements

"How to Ace Your CFPB Exam," Real Estate Services Providers Council 2016 Fall Seminar, September 22, 2016

"Do's and Don'ts When Dealing with the CFPB’s Enforcement and Supervision Areas: Insights from Three Former CFPB Lawyers," Ballard Spahr webinar, February 9, 2016

"Coping with Consumer Complaints and CFPB Expectations," Ballard Spahr webinar, November 17, 2015

"It's All Your Fault! Recent Developments with CFPB Examinations and Enforcement Actions," National Council of Higher Education Resources, November 5, 2015

"You Received a NORA Notice or PARR Letter from the CFPB–Now What?" Ballard Spahr webinar, September 29, 2015

"Through the Crystal Ball: Predicting Important CFPB Developments in 2015," Ballard Spahr webinar, April 2, 2015

"Everything You Want To Know About CFPB Enforcement but Have Been Afraid To Ask," Ballard Spahr webinar, March 19, 2015

"CFPB Examinations," American Bar Association Consumer Financial Services Committee webinar, March 11, 2015

"Everything You Want To Know about CFPB Exams but Have Been Afraid To Ask: An Insider's Perspective," Ballard Spahr webinar, December 9, 2014

"Auto Finance Compliance - Industry Roundtable," Auriemma Consulting Group, December 2014

Publications

"CFPB Revises Supervisory Appeals Process," CFPB Monitor blog post, November 13, 2015

"Director Cordray appears before Senate Banking Committee," CFPB Monitor blog post, July 16, 2015

"CFPB supervisory report highlights violations in debt collection, consumer reporting, overdraft practices, mortgage origination, and fair lending," CFPB Monitor blog post, March 13, 2015


Brooklyn Law School (J.D. 2011, cum laude)
Member,Moot Court Honor Society, Trial Advocacy and Appellate Divisions; Recipient, Order of Barristers; Semi-Finalist, 2010 National Criminal Procedure Navy JAG Appellate Moot Court Competition; Presidential Management Fellow Class of 2011; Recipient, Judge Doris A. Thompson and Judge Edward Thompson Award for Excellence in Professional Skills

Surface Warfare Officer School (U.S. Navy) (1997, with distinction)

Vanderbilt University (B.S. 1996)
National Merit Scholar; College Scholar


New York

U.S. District Court for the Eastern District of New York

Not admitted to practice in District of Columbia