Stacey L. Valerio, a regulatory attorney whose more than 20 years' experience includes nearly a decade in-house at a state government banking agency, has joined Ballard Spahr's Mortgage Banking practice in the firm's Washington, D.C., office.

Ms. Valerio's arrival adds further depth to Ballard Spahr's strong complement of mortgage banking attorneys in Washington, who represent some of the nation's largest financial institutions and lenders of all sizes. Her experience with licensing and enforcement matters includes more than nine years in the Consumer Credit Division of the State of Connecticut Department of Banking. In that role, she counseled the Consumer Credit Division, served as an administrative hearing officer, and drafted legislation, legal opinions, and rulings. The position also involved working with other state and federal agencies, including the state Office of the Attorney General, the FBI, and the Consumer Financial Protection Bureau (CFPB).

Ms. Valerio has experience counseling clients on a wide variety of regulatory matters at the federal and state levels. In addition to licensing and regulatory compliance, she has significant experience with legislative initiatives, contract drafting, and the Nationwide Multistate Licensing System & Registry (NMLS).

"Stacey is a terrific attorney with just the type of practical, real-world experience our clients need to navigate today's shifting regulatory landscape," said John D. Socknat, a Washington-based partner and co-Practice Leader of Ballard Spahr's Mortgage Banking practice. "The insights she has gained from her years of government practice will be a tremendous asset to clients nationwide. Her addition in the Washington office makes us even stronger there and nationally, and provides Stacey with the ideal platform to serve our clients in the industry."

Ballard Spahr's Mortgage Banking practice is nationally recognized for its combination of broad regulatory experience, formidable skill in litigation and enforcement actions, and depth in transactional matters. The practice is part of Ballard Spahr's Consumer Financial Services Group, which has been ranked in the highest tier nationally for the past 11 consecutive years by Chambers USA: America's Leading Lawyers for Business for consumer financial services regulation compliance and litigation. Ms. Valerio's addition as of counsel provides further depth to the firm's already-robust mortgage banking practice in Washington, an important strategic location for Ballard Spahr's national consumer finance platform.

"Ballard Spahr is well known nationally for the strength of its mortgage banking and consumer finance practice, so I am proud and excited to join the team," Ms. Valerio said. "Today's complex and evolving regulatory environment requires counsel that stays at the forefront of developments to give clients the value-added service they need. I look forward to helping them maximize their business objectives consistent with ever-changing regulatory requirements."

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