Ballard Spahr, the politically-connected Philadelphia law firm, has hired four mortgage-finance lawyers away from Patton Boggs, the politically-connected Washington DC law firm, to create a new Mortgage Banking Group, Ballard chair Mark Stewart said in a statement today.
Ballard, like Patton Boggs, typically represents banks in litigation and legislative battles against consumers, retailers and other bank customers opposed to bank fees and loan practices.
Richard J. Andreano Jr., John D. Socknat and Michael Waldron, partners, and associate Reid F. Herlihy will be part of Ballard's newly enlarged Mortgage Banking Group, headed by Philadelphia-based Alan S. Kaplinsky, who has lobbied and litigated for home lenders and against pro-consumer schemes and lawsuits for many years. "The addition of this group is 1+1=3," Kaplinsky said in a statement.