Amy Greenwood-Field is a Senior Attorney at BRADLEY ARANT BOULT CUMMINGS LLP, a national law firm founded in 1870 in Elyton, Alabama, providing business clients around the world with a full suite of legal services in dozens of industries and practice areas. Amy helps consumer finance clients with issues related to licensing, examination, enforcement and compliance matters. A former state regulator for 15 years with the State of Nebraska Department of Banking & Finance, she is able to assist clients with compliance issues and interaction with regulatory agencies on both a state and federal level with respect to licensing, audits, examinations and enforcement actions. Amy’s clients rely on her to help them research regulatory requirements and maintain compliance with complex consumer finance regulatory demands.
Prior to joining Bradley, Amy was the Consumer Finance Review Examiner for the State of Nebraska Department of Banking & Finance. In that capacity, she was responsible for the administration and oversight of licensing, examinations and complaints related to consumer finance entities regulated by the department, including delayed deposit services businesses (payday lenders), installment loan companies, installment sales companies (sales finance), mortgage banking companies (brokers, bankers and servicers), and mortgage loan originators. Amy has extensive experience with the Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act for mortgage lenders, brokers and servicers, as well as other mortgage industry participants. She has been deeply involved in the development, testing and planning of the Nationwide Multistate Licensing System & Registry (NMLS) since the system launched. She also has extensive state licensing experience and is a former NMLS system administrator with experience in all aspects of the system, including application submissions, checklist review, transitioning existing licenses into the system, amendments, Advance Change Notices, system reporting to ensure compliance with regulator requests, disclosure issues, proper document upload, required reporting (including the Mortgage Call Report), and coordination of large multistate transactions, including change of control events, mergers and acquisitions, and transfer of mortgage loan originators.
Amy is an active participant on several NMLS development working groups and routinely submits issues affecting licensees to the NMLS Ombudsman for discussion and resolution. She formerly served on the NMLS Policy Committee, where she was the appointed representative for several states, including Colorado, Nebraska and Texas.
In her prior position, Amy was responsible for spearheading the effort to develop streamlined examination tools for payday lenders. She also has experience with NACHA and ACH rules as applied to payday lending and is familiar with small lender, collection agency and commercial licensing requirements. In addition, she is familiar with the Multistate Mortgage Examination (MMC) and CFPB examination processes and has participated in the oversight and distribution of multistate settlement funds received by Nebraska.