Steven L. Sacks (Steve) joined MRLP in 2025 as Deputy General Counsel, bringing with him over two decades of legal and compliance experience across the financial services industry. His career reflects a deep commitment to risk management, regulatory compliance, and operational excellence in mortgage servicing and consumer lending.
Prior to joining MRLP, Steve served as Servicing Advisory Director at USAA, FSB, where he co-created a Risk-Based Rationale framework for servicing oversight and spearheaded a comprehensive overhaul of the Risk & Control Self-Assessment process. His work ensured rigorous adherence to internal risk frameworks and external regulatory expectations. He also held senior legal roles at Fifth Third Bank and PNC Bank, where he advised on document custody, regulatory compliance, vendor compliance, large-scale system conversions and led legal support for regulatory examinations and audits. Earlier in his career, Steve spent 13 years at a default servicing law firm in the Litigation Practice Group and as Compliance Counsel. In these roles he created a Financial Industry Compliance program for the firm as was a co-founder of the Fair Debt Collection Practices Act Committee.
Steve is a frequent speaker at industry conferences and was honored with the ALFN JPEG Picture the Future Award for his contributions to the legal and financial services community. His extensive experience in legal strategy, regulatory compliance, and risk governance makes him a trusted advisor and a key asset to the firm’s leadership team.