Disclosure Lauded by Obama
Professor Patricia A. McCoy helped to design a new consumer mortgage disclosure lauded by President Barack Obama in a speech delivered on February 1. Professor McCoy helped spearhead the new mortgage disclosure form when she was head of Mortgage Markets at the Consumer Financial Protection Bureau last year.
Professor McCoy, a renowned expert on financial services regulation, is the director of the Law School’s Insurance Law Center, the only such center in the country. Her research and teaching interests span retirement products, banking, securities, life insurance, and mutual funds to public insurance schemes such as Social Security and deposit insurance. Professor McCoy analyzes risk management, moral hazard, and systemic risk through the lens of law, economics, and empirical methods. Her courses include banking and securities regulation, mutual fund law, retirement security law, corporate governance, and consumer finance law.
President Barack Obama holds up a copy of the new consumer mortgage disclosure form during remarks delivered on February 1, 2012 in Church Falls, VA. (Getty Images)
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