2014 Women of Influence: Anna DeSimone


ANNA DESIMONE founded Bankers Advisory in 1996 to provide quality control, fair lending and regulatory compliance audit services to firms nationally. In January 2014, Bankers Advisory was acquired by the nation’s ninth largest public accounting firm, CliftonLarsonAllen LLP.

DeSimone has developed resources for both consumers and mortgage industry professionals, including consumer education curricula. Her 35-person firm includes 10 attorneys who update the consumer finance rules for every state, as well as the federal CFPB, Dodd-Frank, HUD, and FHFA rules.

She is a prolific writer and presenter, producing six educational videos on the Qualified Mortgage and authoring two comprehensive guidebooks on the 2014 mortgage rules and responsible lending in the last year. Over the past 10 years, she has authored a total of 15 policy manual templates for AllRegs and more than 100 articles.

DeSimone is also a nationally recognized author of books, feature articles and the weekly newsletter, Compliance Monitor. Her career-building approach has mentored her 10 full-time staff attorneys to publish materials and deliver compliance training on over 24 federal regulations.

An inveterate innovator, she developed the smartphone application “QM Corner” as an educational support tool to support responsible lending and regulatory compliance.

In the past three months she completed a nine-month R&D project called “Enterprise Mortgage Compliance,” a quality control software program that encompasses pre/post-funding, state/federal compliance, fair lending and loan servicing. The robust program includes thousands of risk-rated exception items and produces reports, metrics and analytical tools.