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Kristie D. Kully

Of Counsel
Washington DC
+1.202.778.9301
Fax +1.202.778.9100

Primary Practice

Education

  • J.D., Cornell Law School, 1994, (Managing Editor, Cornell International Law Journal)
  • B.A., University of Nebraska, 1989, (magna cum laude)

Admissions

  • Bar of District of Columbia
  • Bar of Nebraska
  • Biography Overview
  • Additional Background
Ms. Kully concentrates her practice on federal and state regulatory compliance matters affecting mortgage banking clients in the primary and secondary mortgage markets.  Her practice includes advising clients on compliance with usury, licensing, disclosure, fees, consumer protection, predatory lending, and other practice requirements facing residential and commercial mortgage brokers, lenders, servicers, purchasers, and securitizers, as well as other participants in the real estate finance and consumer credit industries.  She also participates in regulatory compliance due diligence activities.

Professional Background

Ms. Kully is a former attorney of the Department of Housing and Urban Development.  She provided legal counsel to the Department on the mission oversight of Fannie Mae and Freddie Mac, the interpretation of the Real Estate Settlement Procedures Act, and the implementation of the Department’s various housing assistance and community development programs.  She also worked in the financial services industry for a number of years prior to joining K&L Gates.

Professional/Civic Activities

  • American Bar Association
  • Women in Housing and Finance (Member; Former General Counsel)

Additional Information

Ms. Kully has written many client alerts and articles, given presentations around the country, and appeared on radio talk shows and webinars discussing pressing developments and regulatory initiatives such as new Truth in Lending Act requirements for loan originator compensation, the Dodd-Frank Act’s concepts of qualified mortgages and qualified residential mortgages, and the SAFE Act’s loan originator licensing/registration requirements. Please visit our “Newsstand” section at www.klgates.com to view many of those updates.
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