Sara Weed is of counsel in the Global Fintech & Payments Group at Paul Hastings. She represents traditional financial institutions, non-bank financial services companies, and technology companies in regulatory and transactional matters, including:
Prior to joining Paul Hastings, Ms. Weed served as director and counsel with the North Carolina Office of the Commissioner of Banks, overseeing supervision of non-bank mortgage lenders and brokers, money services businesses, and consumer finance companies. In that role, she also served as counsel to the Multistate Mortgage Committee, negotiating the $2 billion settlement with Ocwen Financial Corporation on behalf of the state banking departments.
Prior to her government service, Ms. Weed served as in-house counsel to the financial services group at IBM and as a policy counsel with a national financial services research organization, where she advised policymakers across the country on predatory lending issues and foreclosure prevention strategies in response to the Great Recession.
Financial Times Innovative Lawyers Award North America 2018 Shortlist – Standout Ranking in "Access to New Markets and Capital" Category
Tech Startup Divvy Primed for Customer Growth in 2019
January 29, 2019
Coinbase Champions Legislative Fix to Keep Cryptocurrency Businesses in N.C.
June 25, 2018
Beware of COVID Relief Fraud
September 17, 2020
CFPB Issues Final Rule Rescinding Payday Loan Mandatory Underwriting Requirements
July 15, 2020
Fueling Innovation in Times of Crisis: The Impact of COVID-19 on Fintech
May 29, 2020
Federal Regulators Propose Madden Fix
December 02, 2019
CFPB FinTech Regulatory Innovation Initiatives Echo International Regimes
October 02, 2019
Can Cannabis Banking Work? Growing Interest in a Federal Safe Harbor
May 01, 2019
CFPB Payday Rule: A Ban or a Blueprint for the Future of Short-Term Consumer Lending?
October 19, 2017
Safe at First—U.S. Supreme Court Confirms that Purchasers of Debt Are Collecting Their Own Debt and Are Not Subject to the FDCPA as They Are Not Collecting a Debt Owed to Another
June 15, 2017
The New York State Industrial Appeals Board Invalidates Controversial Regulations Governing Methods of Wage Payment
February 23, 2017
Are You Ready to Comply with the CFPB’s Final Amended Mortgage Servicing Rules?
August 10, 2016
CFPB Proposes New Rule Targeting Small Dollar Loans, Relies on UDAAP Rulemaking Authority for First Time
June 14, 2016