Norman H. Roos

Partner

  • Overview

    Biography

    Norman Roos, chair of Robinson+Cole's Finance Group, concentrates his practice on transactional and regulatory matters relating to the real estate and financial services industries. He represents banks, insurance companies, diversified financial service companies, and other publicly and privately held entities on a broad range of matters involving mortgage banking, consumer and commercial credit transactions, and regulatory compliance. He has advised financial institutions concerning data privacy and security matters and counseled clients as to the development and implications of incident response policies.

    Mr. Roos is counsel to the Connecticut Mortgage Bankers Association, Inc., and is a member of the American College of Mortgage Attorneys where he has served on the Board of Regents and as Connecticut State Chair. A member of the Connecticut Bar Association, Mr. Roos is Past Chair of the Financial Institutions Law Section. He has served on a number of Connecticut Law Revision Study Committees including those on Uniform Common Interest Ownership Act, Electronic Communications, Mortgagor Liability, and Electronic Recording of Land Records.

    Mr. Roos is the author of The CMBA Handbook on Connecticut Mortgage Statutes: An Analysis and Compilation of Connecticut Legislation Affecting Residential First Mortgage Lending and the editor of the American College of Mortgage Attorneys newsletter (the ACMA Abstract). His articles have appeared in The National Law Journal, Real Estate Finance Journal, The Banking Law Journal, Mortgage Technology, and National Mortgage News, among other publications.

    He is a frequent lecturer at bar and trade association programs on mortgage lending and consumer credit.

  • Experience
    • Experience

      Experience

      • Provided ongoing counsel to numerous local, state, and national institutions as to federal and state regulations affecting licensing, foreign branching, "doing business," loan product development, credit advertising, loan origination, and loan servicing, including the Truth-in-Lending Act, the Equal Opportunity Act, the Real Estate Settlement Procedures Act (RESPA), the Home Mortgage Disclosure Act, fair lending, Fair Credit Reporting Act and anti-money laundering, privacy and data security law.
      • Counseled numerous institutional and non-depository mortgage lenders on documentation, disclosure and other regulatory requirements applicable to a wide variety of residential first and second lien mortgage products including home equity lines of credit and home equity conversion mortgages (reverse mortgages).
      • Worked with a number of leading national mortgage lenders as outside regulatory counsel.
      • Assisted lenders and technology services providers in establishing and enhancing their Internet presence on the World Wide Web.
      • Representation of national bank in connection with OCC-mandated self-assessment of foreclosure management practices.
      • Negotiation of bulk and flow purchase and sale servicing and participation agreements relating to the origination, sale and servicing of residential mortgage loans on behalf of financial institutions and non-depository mortgage lenders.
      • Assisted a major national lender to establish a manufactured home construction loan program.
      • Representation of national mortgage lender in connection with privacy, data security, incident response and information management policies and procedures.
      • Representation of mortgage lender in defending counterclaims by borrower alleging violation of Truth-in-Lending laws, the Credit Repair Organizations Act, and the Connecticut Unfair Trade Practices Act.
      • Representation of mortgage lender and servicer in defending consumer action alleging violations of state and federal debt collection practices laws, striking all claims from case related to lender's reporting of credit information to agencies.
      • Representation of a national bank regarding the sale of a pool of assets for $65 million, including performing and nonperforming mortgage loans and foreclosed real estate.
      • Representation of a special purpose bank holding company formed to acquire a controlling interest in a national bank.
      • Representation of U.S. subsidiary concerning its accession to its parent corporation's restructured global credit facilities.
      • Represented industry leaders in connection with the workout of resort construction and time-share receivable loan portfolios.
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    • Professional Associations

      Professional Associations

      American College of Mortgage Attorneys
      Connecticut State Chair (1996 - 2010)
      Board of Regents (2006 - 2010)

      Connecticut Bar Association
      Consumer Law Section
      Chair of Financial Institutions Law Section (2006 - 2010)

      Connecticut Law Revision Study Committee on Uniform Common Interest Ownership Act and Real Property Electronic Recording Advisory Committee and Real Property Electronic Recording Committee

      Connecticut Mortgage Bankers Association
      General Counsel

      Greater Hartford Legal Aid Foundation
      Board of Directors
    • Honors + Awards

      Honors + Awards

      Listed in The Best Lawyers in America® as Hartford Lawyer of the Year in the area of Banking and Finance Law for 2013 (Copyright 2012 by Woodward/White, Inc., Aiken, SC)

      Inaugural Inductee to the New England Mortgage Bankers Conference's Hall of Fame

      AV® Preeminent™ Peer Review Rated in Martindale-Hubbell™ in the area of Finance Law (Martindale-Hubbell Peer Review Ratings is a trademark. AV Preeminent is a certification mark of Reed Elsevier Properties, Inc.)

      Listed in The Best Lawyers in America® in the areas of Banking and Finance Law and Financial Services Regulation Law since 2012 (Copyright 2016 by Woodward/White, Inc., Aiken, SC)

      Listed in Connecticut Super Lawyers® in the area of Business/Corporate since 2006 (Super Lawyers is a registered trademark of Key Professional Media, Inc.)

  • NEWS + PRESS
    • Publications

      Publications

      "It Is Time For the Mortgage Industry and Its Regulators to Move On and Leave the Crash Behind," published in Hartford Courant, featured in the HomeFinder supplement (5/13/2016)
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      "A Career Spent in Compliance," published in The Commercial Record, an interview that highlights Mr. Roos's long career along with his reputation "as one of Connecticut banks' most trusted advisors when it comes to regulations and compliance" (11/27/2014)

      "New Regulations Put a Crimp in Mortgage Industry," published in The Hartford Courant (4/13/2012)

      "New in 2010: Disclosure Rules for Mortgage Lenders," published in The Hartford Courant, Real Estate Supplement (1/2010)

      "Environmental Risk Management in Real Estate Lending: A Time to Reassess How to Avoid or Better Manage Toxic Assets," published in The Abstract, co-authored with Pamela K. Elkow and Richard M. Fil, American College of Mortgage Attorneys (Spring 2009)

      "2008 Connecticut Laws Enable Homeowners to Obtain Mediation in Foreclosures: Some Basic Information Concerning the Mediation Process," published in Hartford Courant, Real Estate Supplement (12/2008)

      "The Subprime Mortgage Meltdown: A Simple Explanation...and Some Not-So-Simple Solutions," published in The Abstract, a publication of the American College of Mortgage Attorneys (Fall 2007)

      "A Borrower's Best Interests: Subjective "Tangible Net Benefit" Test Leaves Residential Mortgage Lenders in a Quandary," published in The Abstract, co-authored with Elizabeth M. Smith, a publication of the American College of Mortgage Attorneys (Fall 2006)

      "Navigating the Waters of Contractor-Friendly Laws: What Lenders Need to Know to Protect Their Own Interests in Privately Funded Construction Projects," published in The Abstract, co-authored with Gregory R. Faulkner (4/2005)
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      "Turning the Key to E-Commerce: E-Sign and Federal Preemption," published in The National Law Journal, co-authored with William W. Bandon, III (11/2000)

      "E-Commerce Is Here - Can E-Mortgages Be Far Behind?" published in Real Estate Finance Journal (Summer 2000)

      "Internet Mortgage Banking: Legal and Business Considerations for Mortgage Banking Pioneers," published in The Abstract, a publication of the American College of Mortgage Attorneys (1999)

      "Ten Things Commercial Lenders Should Know About Regulatory Compliance," co-authored with Travis R. Searles, published in Connecticut Banking magazine (Second Quarter 2012)

      The CMBA Handbook on Connecticut Mortgage Statutes: An Analysis and Compilation of Connecticut Legislation Affecting Residential First Mortgage Lending (2008)

      "Understanding the Government Bailout Plan," Aspator's Special Report, coauthor (2009)

    • Presentations

      Presentations

      "CMBA Legislative Update—The CMBA Presents: Coping with the Aftermath of 'Dodd-Frank' While Contemplating the 'Age of Trump'—The Mortgage Industry in a State of Flux?" moderator, at the New England Mortgage Expo at the Mohegan Sun Convention Center in Uncasville, Connecticut (1/13/2017)
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      "Connecticut Mortgage Bankers Association's (CMBA) Annual Legislative Update Seminar," moderator, held in New Britain, Connecticut (9/8/2016)
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      "CMBA Legislative Update Panel: What's in Store for the Mortgage Industry 2016," co-presented with Jeremy Potter, general counsel and chief compliance officer at Norcom Mortgage, presented at The New England Mortgage Expo at the Mohegan Sun Convention Center in Uncasville, Connecticut (1/15/2016)
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      "TRID Update with CMBA," moderated program at the CT Realtors Leadership Conference, held at Foxwoods Resort & Casino in Mashantucket, Connecticut (10/7/2015)
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      "Connecticut Mortgage Bankers Association's (CMBA) Annual Legislative Update Seminar," moderator, held in New Britain, Connecticut (8/27/2015)
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      "Federal Bank Regulatory Developments Affecting Commercial Real Estate Lending," moderated and also presented at this regulatory panel presentation at the Annual Meeting of the American College of Mortgage Attorneys (9/19/2014)

      "Connecticut Mortgage Bankers Association's Legislative Update Seminar," moderator, held in New Britain, Connecticut (8/20/2014)

      "2014 Connecticut Legislative Update," a webinar, moderated with Fritz Conway of Gaffney Bennett & Associates (6/11/2014)

      "What’s in Store for the Mortgage Industry 2014," at The New England Mortgage Expo in Ledyard, Connecticut, moderated the CMBA legislative panel; in addition, presented a "Connecticut Legislative Update" (1/17/2014)

      "Connecticut Mortgage Bankers Association's Legislative Update Seminar," moderator (10/24/2012)

      "Commercial Lending and Regulatory Compliance: What Lenders Need to Know," webinar through Lorman® Education Services (1/17/2012)

      "The Changing Regulatory Environment," at Housing 2011, the annual conference of the Connecticut Housing Coalition, co-presented with Keisha S. Palmer (10/19/2011)

      "The Changing Regulatory Environment," at Housing 2011, the annual conference of the Connecticut Housing Coalition (10/19/2011)

      "Loan Originator Compensation – New Regulation Z Rules," at Connecticut Mortgage Bankers Association Meeting at Webster Bank in New Britain, Connecticut, co-presented with Catherine Moreton Gray; attorneys from Bankers Advisory, Inc., and Webster Bank (12/7/2010)

      "Connecticut Mortgage Bankers Association's Legislative Update Seminar," moderator (10/26/2011)

    • News

      R+C in the News

      • January 18, 2017

        Norman Roos Moderates Legislative Update Panel at New England Mortgage Expo

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      • October 3, 2016

        Norman Roos Moderates 2016 CMBA Legislative Update Seminar

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      • May 24, 2016

        Norman Roos Writes Article for Hartford Courant's HomeFinder Supplement

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      • January 19, 2016

        Norman Roos Presents at New England Mortgage Expo

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      • October 23, 2015

        Norman Roos Moderates TRID Seminar at CT Realtors Leadership Conference

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      • September 9, 2015

        Norman Roos Moderates 2015 CMBA Legislative Update Seminar

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      • April 1, 2015

        Norm Roos Edits ACMA Publication

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      • January 23, 2015

        Finance Lawyer Comments on 2015 Prospects of Connecticut Housing Recovery

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      • December 5, 2014

        Norm Roos Profiled in Commercial Record

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      • November 20, 2014

        Norman Roos Quoted in Commercial Record

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      • September 29, 2014

        Norman Roos Moderates, Speaks at ACMA Annual Meeting

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      • September 1, 2014

        Norman Roos Moderates 2014 CMBA Legislative Update Seminar

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      • June 30, 2014

        Norman Roos Moderates CMBA Legislative Webinar

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      • March 11, 2014

        Norman Roos Presents at New England Mortgage Expo

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      • December 23, 2013

        Norman Roos Speaks at Mortgage Servicing Compliance Forum

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      • December 4, 2013

        Norman Roos Writes Article for Hartford Courant

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      • October 8, 2013

        Norman Roos Moderates CMBA Legislative Update Seminar

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      • February 20, 2013

        Norman Roos Authors Article in the Hartford Courant

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      • February 1, 2013

        Norman Roos Moderates and Speaks at The New England Mortgage Expo

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      • January 22, 2013

        Norman Roos Quoted in Connecticut Post

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      • December 4, 2012

        Norm Roos Delivers Presentation on Electronic Recording and Mortgage Licensing

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      • September 12, 2012

        Norman Roos Talks with the Commercial Record About New Consumer Financial Protection Bureau Mortgage Disclosure Rules

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      • July 19, 2012

        Attorneys Advise Commercial Lenders on What They Need to Know

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      • April 30, 2012

        Finance Partner’s Article on SAFE Act and Truth in Lending Act Published in Hartford Courant

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      • April 9, 2012

        CFPB Issues Bulletin on Application of Compensation Rules to "Qualified Plans" - Payments to Qualified Plans Permitted

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      • March 19, 2012

        Landmark Settlement Reached with Nation’s Five Largest Residential Mortgage Loan Servicers

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      • February 8, 2012

        Norm Roos Presents Webinar on What Lenders Need to Know About Regulatory Compliance

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      • November 17, 2011

        Finance Partner Moderates at Connecticut Mortgage Bankers Association Legislative Update Seminar

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      • November 4, 2011

        Bankers Want Feds to Lay Off is the Message at Connecticut Mortgage Bankers Association Forum

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      • October 28, 2011

        Finance Attorneys Discuss Dodd–Frank and SAFE Acts at Affordable Housing Conference

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      • December 15, 2010

        A Look at New Regulations for Loan Originator Compensation

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      • November 8, 2010

        Program Examines Impact of the Dodd Frank Act on Non-financial Businesses

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      • October 29, 2010

        Training Course Prepares Mortgage Brokers for Newly Mandated Licensing Exam

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      • October 21, 2010

        Mortgage Banking Lawyer Comments on Proposed Freeze on Foreclosures in State Courts

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      • October 13, 2010

        Timeshare Financing Transactions Will Not Bear Full Brunt of Dodd-Frank Act

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      • August 5, 2010

        Norman H. Roos and James R. Kinyon Present on Mortgage Lending Laws

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      • March 30, 2010

        Robinson & Cole Attorney Quoted in The Commercial Record on Bank Efforts to Raise Cash

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      • September 25, 2009

        Robinson & Cole Attorneys Address Legislative Developments Before the Connecticut Mortgage Bankers Association

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      • November 14, 2008

        Robinson & Cole Gains Over 30 Former Thelen Attorneys in Hartford, Connecticut and New York City

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      R+C News Releases

      • October 14, 2016

        Norm Roos Elected Secretary of American College of Mortgage Attorneys

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      • August 15, 2016

        Robinson+Cole Receives Top Listing in Connecticut Lawyer Count in The Best Lawyers in America® 2017

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      • August 18, 2015

        Robinson+Cole Receives Top Listing in Connecticut Lawyer Count in The Best Lawyers in America® 2016

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      • December 17, 2014

        Greater Hartford Legal Aid Foundation Recognizes Robinson+Cole for a Century of Support

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      • August 19, 2014

        Robinson+Cole Receives Top Listing in Connecticut Lawyer Count in Best Lawyers National Peer Review Survey

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      • August 16, 2013

        Robinson & Cole Receives Top Listing in Connecticut Attorney Count in Best Lawyers National Peer Review Survey

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      • October 22, 2012

        Super Lawyers® Names 49 Robinson & Cole Attorneys to 2012 List and Recognizes 26 as Rising Stars

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      • October 18, 2012

        Robinson & Cole Attorney Norman Roos Receives Inaugural NEMBC Hall of Fame Award

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      • September 14, 2012

        Ten Robinson & Cole Attorneys Selected as “Lawyers of the Year”

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      • August 28, 2012

        Robinson & Cole Receives Top Listing in Connecticut Attorney Count in Best Lawyers National Peer Review Survey

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