“In the end, banking is a very good business, so long as you don’t do dumb things.”

~ Warren Buffet, CEO and Chairman of Berkshire Hathaway

Beck, Chaet, Bamberger & Polsky, S.C.’s financial services team advises banks, credit unions, and other non-traditional lenders in navigating the regulatory and legal environments in which they do business. Our team has been recognized by both regulators and financial institutions alike as key advisors on overcoming the challenges facing financial institutions in today’s market in the areas of mortgage guaranty insurance, contractual indemnity and repurchase obligations, and consumer focused defense and related risk avoidance. Our financial services litigation team has litigated these issues nationally on behalf of its financial institution clients, governmental entities, and receivers – issues that emerged from the Great Recession of the mid-2000s, the ripple effects which continue today. We have a clear understanding of the intricacies of these types of claims, having defended and pursued claims for portfolios exceeding $100M.

In addition to advising on risk avoidance, regulatory issues, and related litigation, our team of litigators have experience defending a full spectrum of consumer protection actions, including class actions and claims brought pursuant to the Fair Debt Collection Practices Act and the Wisconsin Consumer Act. We have also garnered specialized experience in the areas of Residential Mortgage Backed Securities (RMBS) litigation, successfully litigating claims involving some of the largest loan aggregators in the market.

Our financial services team has the depth of experience and related technical expertise to assist all categories of financial institutions from large banks, regional banks, and credit unions in both risk management and regulatory planning, as well as litigation. Beck, Chaet, Bamberger & Polsky, S.C. confidently provides guidance to financial services clients in the following areas of expertise:


  • Class Action Defense Litigation
  • Consumer Defense Litigation
  • Fair Credit Reporting Act Litigation
  • Indemnity & Repurchase Litigation
  • Lender Liability Litigation
  • Mortgage Guaranty Insurance Litigation
  • Residential Mortgage Backed Securities (RMBS) Litigation
  • Regulatory Proceedings & Investigations
  • Secured Lender Litigation
  • Unfair & Deceptive Trade Practices Defense
  • Wisconsin Consumer Act Defense