Marc J. Lifset is a member in the firm's business law section, where he advises banks and financial institutions regarding consumer financial services issues, licensing, regulatory compliance and legislative matters.
Marc has particular experience in the area of manufactured housing lending. Marc was the primary drafter and proponent of New York's Manufactured Housing Certificate of Title Act.
Marc has particular experience in the areas of construction and home improvement lending and state and federal lending law compliance. Marc routinely represents lenders and investors in secondary market transactions such as whole loan sales, flow purchase agreements and asset backed securities transactions.
Marc is an active member of the American Bar Association and has addressed the association on topics relating to the consumer financial services industry. They include the following: Predatory Lending (2000); Fair Lending: Four Perspectives, Recent Developments in Federal Preemption (1995 – 2000); Native American and Rural Housing Finance (The 8th Annual Affordable Housing Conference), Licensing a Consumer Finance Company (1998 – 2000), The Ripple Effect of RESPA (1996), Mobile Homes Legally Defined (1989) and Issues Counsel Should Consider Regarding Interstate Financing of Mobile Homes (1987).
Marc was the New York State Editor of Houselaw and New York State Editor of CarLaw from 1995-2002, and is a contributing editor of Truth in Lending (American Bar Association 2000).
Court Admissions — U.S. District Court for the Eastern District of New York
U.S. District Court for the Northern District of New York
U.S. District Court for the Southern District of New York
U.S. District Court for the Western District of New York
Supreme Court of the United States
— Significant Reported Cases
- Marine Midland Bank v. Carroll, 471 NYS 2d 409 (Appellate Division, Third Department, 1984)
- IndyMac Bank, F.S.B. v. Yano-Horoski, 2009-11392 [2d Dept 11-16-2010] 2010 NY Slip Op 08532