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Bradley Arant Boult Cummings, LLP

Preston H. Neel

Preston H. Neel

Associate

Bradley Arant Boult Cummings, LLP
Alabama, U.S.A.

tel: 205.521.8491
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Profile

Preston Neel provides litigation and regulatory compliance assistance to financial services clients across the country. He is one of a small number of lawyers who has earned an Accredited Mortgage Professional designation through the Mortgage Bankers Association (MBA).

With respect to litigation, Preston primarily represents clients in the residential mortgage space, including forward and reverse mortgage investors, originators and servicers. He has litigated cases involving a wide array of state, federal, and statutory law claims, including claims related to the Fair Credit Reporting Act (FCRA), the Fair Debt Collection Practices Act (FDCPA), the Truth in Lending Act (TILA), the Real Estate Settlement and Procedures Act (RESPA), the Racketeer Influenced and Corrupt Organizations Act (RICO), the Telephone Collection Practices Act (TCPA), bankruptcy discharge violations, and state consumer protection violations.

On the compliance side, Preston has assisted several clients with bringing their operations into compliance with various obligations imposed on them by the Department of Housing and Urban Development (HUD), the Department of Justice (DOJ), the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve (FRB), the Consumer Financial Protection Bureau (CFPB), and a host of state banking regulators and court systems. In this capacity he has managed examinations, including CFPB supervisory exams, and served as in-house counsel for several financial services companies supporting internal business units, managing and responding to information requests, self-disclosing issues to state and federal examiners, and working with examiners during on-site reviews. Preston also provides compliance support for securities-based mortgage lenders and mortgage issues involving estates, probate and trusts.

Preston is licensed to practice in Alabama and Texas. He is also licensed as an inactive Certified Public Accountant in those states. Prior to law school, he worked in the areas of audit and attestation for Arthur Anderson, LLP and KPMG, LLP and as a financial analyst for J.P. Morgan. Preston leverages his previous experience as a practicing CPA to deliver a business-driven approach to the law.

Bar Admissions

  • Texas, 2010
  • Alabama, 2008

Court Admissions
  • United States District Court, Northern District of Alabama
  • United States District Court, Middle District of Alabama
  • United States District Court, Southern District of Alabama
  • United States District Court, Northern District of Illinois
  • United States District Court, Western District of Michigan
  • United States District Court, Northern District of Texas
  • United States District Court, Eastern District of Texas
  • United States District Court, Southern District of Texas
  • United States District Court, Western District of Texas

Education

  • New York University School of Law, LL.M. (Taxation), 2009
  • Cumberland School of Law at Samford University, J.D., 2008, cum laude; Editor-in-Chief, American Journal of Trial Advocacy; Henry Upson Sims Moot Court Executive Board and National Team Member; Judge Abraham Caruthers Fellow
  • Auburn University, MAC, 2001
  • Auburn University, B.S., 2000
Areas of Practice
Blogs

Declassified
Bradley Arant Boult Cummings, LLP 

The Declassified blog offers commentary and insights on the latest class action suits, significant class action opinions, relevant changes to laws and rules, and important class action trends. Declassified covers topics ranging from significant Supreme Court and appellate court decisions regarding...

It Pays to Be Covered™
Bradley Arant Boult Cummings, LLP 

Bradley’s It Pays to Be Covered™ Blog discusses insurance law developments and industry trends in property and casualty insurance, including the growing cyber insurance market, coverage for drones, and blockchain exposures. We also address practical risk management strategies of interest to risk...

Tennessee Appellate Review
Bradley Arant Boult Cummings, LLP 

A successful appeal depends on counsel’s substantive understanding of appellate rules, procedures, and strategies. The Tennessee Appellate Review blog is a resource for commentary and insights on the latest state and federal appellate news. Join the conversation as we analyze decisions from the...

The Law of Order
Bradley Arant Boult Cummings, LLP 

Bradley’s The Law of Order blog serves as a general parliamentary procedure resource, providing information about creation and revision of governing documents (constitutions, bylaws, or rules), application of Robert’s Rules of Order and other procedural authorities in a variety of contexts (such as...

Underwritten
Bradley Arant Boult Cummings, LLP 

Underwritten covers topics related to life, health, disability and long-term care insurance. Our team of experienced attorneys and authors offers insight on the issues insurers face as they seek to serve their policyholders and to mitigate risk. The blog covers significant court decisions,...

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