Reid F. Herlihy

Washington, DC

Reid F. Herlihy provides regulatory and transactional advice for clients on a range of issues involving state and federal consumer finance laws. Reid counsels mortgage companies, servicers, consumer finance companies, financial institutions, investment banks, debt collectors, and secondary-market investors on state and federal regulatory compliance issues.

Reid regularly counsels clients on issues regarding the CFPB's Mortgage Servicing Rules, advertising, fair debt collection, lending and servicing disclosures, loss mitigation, foreclosure procedures, and business practices. He also assists clients with state and federal examination issues and regulatory actions.


Representative Matters

  • Counseled several mortgage servicers on compliance and implementation issues under the CFPB's Mortgage Servicing Rules
  • Advised several national mortgage servicers on compliance and best practices in connection with the COVID-19 national emergency and the pertinent mortgage servicing regulatory requirements.
  • Performed compliance assessments and mock CFPB examinations for mortgage lenders and servicers

Professional Highlights

Speaking Engagements

Panelist, “Credit Union and Community Banks Mortgage Regulatory Update, Part II,” Ballard Spahr webinar, June 3, 2020

Panelist, “Fair Lending and UDAAP Considerations During the COVID-19 Era,” Ballard Spahr webinar, May 20, 2020

Panelist, "Credit Union and Community Banks Mortgage Regulatory Update, Part I," Ballard Spahr webinar, April 28, 2020


"Fair Debt Collection Practices Act" chapter of Mortgage Finance Regulation Answer Book 2011-2012, published by the Practising Law Institute

"The Federal Circuit's Interpretation of the Hatch-Waxman Act: Allowing Generics to Induce Infringement," Federal Circuit Bar Journal, August 2005



George Mason University School of Law (J.D. 2006)
Case Comments Editor, Federal Circuit Bar Journal

College of William & Mary (B.S. 2002)



District of Columbia