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Feb 22

Gregorio Silva's FCRA Insights Referenced in Inside Mortgage Finance Article

Inside Mortgage Finance recently referenced insights from a blog post authored by Gregorio Silva, an attorney at Baker Sterchi, in an article titled "USDA Can Be Liable for FCRA Violations, Supreme Court Says." The article discussed a significant Supreme Court decision regarding the Federal Credit Reporting Act (FCRA).

In U.S. Department of Agriculture Rural Housing Service v. Kirtz, the Court affirmed that federal home loan agencies can face civil penalties for FCRA violations. Silva's blog post highlighted the potential impact of this unanimous decision, foreseeing increased litigation against these agencies. He also underscored the rigorous FCRA requirements and the potential need for additional resources for compliance.

Silva, who co-chairs Baker Sterchi’s Financial Services Practice Group, has a diverse civil litigation practice defending the financial services, transportation and propane industries. Recently accepted into the LCLD Fellows Program, which offers intensive leadership training for diverse attorneys, Silva is also a member of the Hispanic National Bar Association. Recognized in Missouri & Kansas Super Lawyers Rising Stars since 2022, Silva earned his law degree from the University of Nevada, Las Vegas William S. Boyd School of Law and is admitted to practice in Missouri, Kansas, Alaska, Arizona, California and Nevada.

Headquartered in Bethesda, Maryland, Inside Mortgage Finance Publications, Inc. is a leading provider of business-to-business news and statistics within the residential mortgage industry.