Laura LaRaia serves as the chief legal officer and chief enterprise risk officer at The Money Store, bringing over 25 years of experience in the mortgage industry. Since joining the company in August 2022, she has been responsible for overseeing legal, compliance, licensing, investor relations, vendor management, corporate governance and quality control functions. Her role centers on maintaining regulatory compliance while supporting operational efficiency, particularly amid evolving CFPB policies and increasing regulatory complexity.
LaRaia’s background includes extensive work in legal and risk management across multiple lenders and private practice. She has guided organizations through significant regulatory changes such as the Dodd-Frank Act, TRID, Ability-to-Repay/Qualified Mortgage rules and mortgage loan officer compensation reforms. Her leadership style emphasizes collaboration, balancing compliance requirements with practical support for loan production and other departments, including Marketing, Operations and IT.
Beyond her work at The Money Store, LaRaia is active within the mortgage industry. She participates in committees with the Mortgage Bankers Association, including Legal Issues, Regulatory Compliance, Risk and Technology. She has spoken at industry conferences, moderated panels and serves on advisory councils such as the University of Maryland’s Smith Enterprise Risk Consortium. Her involvement with groups like the Mortgage Action Alliance and MORPAC reflects a commitment to industry advocacy.
At The Money Store, LaRaia has strengthened the company’s risk framework, streamlining licensing, improving quality control and enhancing governance. Under her oversight, the company achieved full compliance training completion and has successfully navigated audits, supporting operational resilience and investor confidence.
Name:
Laura LaRaia
Title:
Chief Legal Officer and Chief Enterprise Risk Officer
Company Name:
The Money Store
