E. Robert Levy, Of Counsel to the Firm, is a Partner in the law
firm of Levy & Watkinson, P.C., with offices in Edison and
Trenton, New Jersey, is Executive Director of, and Counsel to the
Mortgage Bankers Association of New Jersey/League of Mortgage
Lenders. He is also the Legislative/Regulatory Counsel to the
Mortgage Bankers Association of Pennsylvania and the Pennsylvania
Association of Mortgage Brokers.
He was instrumental in the drafting and passage of the Mortgage
Bankers and Brokers License Laws in both New Jersey (now the
Licensed Lenders Act) and Pennsylvania, and assisted in drafting
many of the mortgage banking regulations in New Jersey. Mr. Levy
has been a regular speaker on the New Jersey Home Ownership
Security Act and was involved with other industry representatives
in lobbying the Bill that was signed into law.
Mr. Levy serves on the New Jersey Licensed Lenders Advisory
Board, which advises the Department of Banking and Insurance on
legislative and regulatory matters. He also served on Governor
McGreevey’s Transition Team for the Department, which advised the
Governor regarding the structure and activities of the agency.
Chair of the Advisory Council to the American Association of
Mortgage Regulators (AARMR), Mr. Levy was a member of its Task
Force, which drafted AARMR’s Model Mortgage Bankers and Brokers
License Compendium to be used as a guide by various states. He is
also an instructor at the AARMR’s National School for Mortgage
Banking Examiners and was instrumental in establishing the school.
Mr. Levy was a member of the Strategic Planning Committee of
the Mortgage Bankers Association of America and was Chairman of
the National Association’s State and Local Advisory Council for
two one-year terms. The Council represents all of the State
Mortgage Banking Associations. In 2001, Mr. Levy was elected as a
member of MBAA’s Board of Directors and was re-elected to a second
term in 2002-2003.
Mr. Levy was Deputy Commissioner for the State of New Jersey,
Department of Banking and was a State Deputy Attorney General, in
which capacity he served as counsel to the Department of Banking
and Insurance. A nationally recognized authority on the Real
Estate Settlement Procedures Act (RESPA), he testified before
Congress and HUD at RESPA hearings dealing with referral fees and
is a frequent speaker and author on the subject and on licensing
and regulatory matters affecting the mortgage banking industry. He
is a member of the New Jersey Department of Environmental
Protection’s Advisory Board on the Environmental Cleanup
responsibility law. He is admitted to practice before the U.S.
Supreme Court, the U.S. Court of Appeals for the Second and Third
Circuits, the U.S. District Court and the Supreme Court of New
Jersey. Mr. Levy is a graduate of Rutgers School of Law.