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Bruce Hurwitz

Bruce Hurwitz

Senior Vice President and Chief Compliance Officer

Digital Risk, LLC

Longwood, FL

Senior Vice President and Chief Compliance Officer at Digital Risk, LLC

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Digital Risk, LLC

Senior Vice President and Chief Compliance Officer

Chief Compliance Officer to leading compliance and risk management solutions provider to the residential mortgage industry. Designed and developed SAAT - Servicer Assessment, Audit and Testing - based upon "Legal Requirements" definition in Consent Order. SAAT is an automated +7,000 touch point decision tree assessment tool on Federal, State, private (Fannie/Freddie, MERS), and foreclosure regulations relating to servicing residential mortgage loans.

Career medium 04
Career
Career medium 06

OneWest Bank

First Vice President - Mortgage, Banking & Capital Markets Counsel

Initially hired as a consultant for OWB, brought on as an attorney for the mortgage, banking and capital markets divisions of OneWest Bank, providing counsel on a variety of regulatory and contractual issues. Transactional counsel working on correspondent lending relations. Legal advisor on various issues relating to mortgage modifications. Legal counsel on various responses to investors, counter-parties and borrowers with regard to informational requests.

Career

Securitized Asset Surveillance & Analysis

Principal

SASA provides complete analysis of regulatory and contractual obligations of securitized assets. Originator, depositor, trustee and servicing requirements "Mapped and Tracked." Advancing and repurchase requirements analyzed. Default/delinquency trigger events confirmed. Reg AB (static pool) compliance confirmed. Securities Act disclosure analysis. Tactical litigation counseling. NIM bond and subordinate bond ownership analysis. Overcollateralization and first loss piece ownership analyzed.

Career medium 04
Career
Career medium 04

BSL Capital Inc

General Counsel

Private investment company of an ultra-high-net-worth family.
As sole in-house counsel, provided legal support to investment professionals on transactional opportunities created by entities in distress.
Led $300+ million transaction involving bankrupt organization, resolving legal issues, negotiating terms, and diffusing conflicts between adversarial parties.

Career

Fremont General Corporation/Fremont Investment & Loan

Senior Vice President & Deputy General Counsel

Multibillion-dollar public holding company and bank subsidiary

Deputy general counsel for public parent company and operating bank subsidiary, overseeing in-house and outside counsel. Lending and servicing compliance counsel, drafting and implementing policies and procedures. Directing all securities, capital markets, finance and treasury division legal issues. Advising executive management and developing legal positions. Built litigation management system.
Designed and deployed successful compliance program; created compliance training system (processes and procedures) and supervised ongoing reporting.
Legal liason with lending and servicing compliance group on policies and procedures.
Member of SOX and SEC filing committees and legal counsel to investor reporting division.
Oversaw capital markets transactions averaging $4 billion/month

Career medium 05
Career
Career medium 06

McDounough Holland & Allen

Of Counsel

Highly respected regional law firm.
Built securities practice, working closely with associate attorneys and staff to meet client needs. Counseled clients on Sarbanes-Oxley compliance programs and played key role in managing regulatory examinations, annual compliance reviews, and internal audits.
Created regulatory licensing and compliance program that protected mortgage lending operation for regional bank; venture forecasted to generate $50 million in year one.
Negotiated all aspects of $40 million Trust Preferred Certificate financing agreement for large regional builder, closing deal with exceptionally favorable terms for client.

Career

First Union/Wachovia

Senior Vice President and Managing Attorney

Chief legal counsel for divisional organization (The Money Store) following acquisition by First Union/Wachovia. Managed legal department of 17 attorneys and 18 staff with budgetary responsibility.
* Department coverage of all legal aspects of organization (including origination, compliance, capital markets, procurement, trademarks/patents and human resourses).
* Multiple business lines included mortgage lending, commercial lending, auto lending and student lending.
* Member of senior management with reporting lines to both CEO of division and General Counsel of parent organization (Wachovia).

Career medium 04
Career
Career medium 01

The Money Store

Senior Vice President and Managing Attorney

Chief legal counsel for divisional organization (The Money Store) both before and following acquisition by First Union/Wachovia. Initially hired to provide legal coverage for finance/treasury with reporting to CFO. Promoted to Managing Attorney following acquisition with reporting to General Counsel of First Union/Wachovia. Managed legal department of 17 attorneys and 18 staff with budgetary responsibility. Responsible for RIF of legal department following acquisition and shuttering/transfer of operations.
* Department coverage of all legal aspects of organization (including origination, compliance, capital markets, procurement, trademarks/patents and human resourses).
* Multiple business lines included mortgage lending, commercial lending, auto lending and student lending.
* Member of senior management with reporting lines to both CEO of division and General Counsel of parent organization (Wachovia).

Career

Brown & Wood (now Sidley Austin)

Senior Associate

* Senior associate in national law firm
* Capital markets and securitization structuring for major Wall Street conduit operators
* Representation of major mortgage originators
* In consideration for partnership at time of moving to another position

Career medium 01
Career
Career medium 02

Thacher Proffitt & Wood LLP

Associate

* Mid-level/senior associate for major Wall Street securitization law firm.
* Senior associate attorney on conduit programs for RFC (GMAC), Greenwich Capital, Lehman Bros.
* Client representation of First Marblehead (student lending conduit) and founder.

Career

Cahill Gordon & Reindel

Associate Attorney

Mid-level associate attorney representing investment banks and corporate enterprises in securities offerings (public and private). Representation of Drexel Burham in junk bond offerings. '40 Act and Unit Investment Trust transactional work.

Career medium 04
Career
Career medium 05

Botein Hays & Sklar

Associate Attorney

Junior Associate in the securities practice group. Drafted S-1 and S-3 registration statements. Prepared Rule 144 private placement memos. Conducted due diligence reviews for public companies. Firm dissolved.

Career

Benjamin N. Cardozo School of Law, Yeshiva University

J.D., Law

Arts and Entertainment Journal Executive Editor. Belkin Scholar (merit based scholarship).

Brandeis University

B.A., Economics

Varsity Lacrosse. Investment club.