STEVEN GOURLEY

Steve is a native Californian. Born in Los Angeles, he attended Westchester High School and graduated cum laude, Phi Beta Kappa, from the University of California, Los Angeles with a double major in political science and Spanish. He received a fellowship to attend law school at Boalt Hall at the University of California, Berkeley, where he graduated in 1973.

From 1973 to 1999, Mr. Gourley worked diligently to become an expert in corporate securities and consumer finance lending as an attorney with the United States Securities and Exchange Commission, as Chief Deputy Commissioner of Corporations for the State of California, and as an attorney in private practice where he was a partner with Jeff and Sandy Malek.

He gained his reputation as a tough law enforcement officer as Chief Deputy Commissioner of Corporations where he was responsible for a task force which brought 81 civil actions and 28 criminal actions to recover over $500 million in investor funds from unscrupulous mortgage brokers and lenders.

Mr. Gourley cut his political teeth as a City Councilman and Mayor of the City of Culver City from 1988 to 1996, where he reorganized and simplified the budget process, saved tons of money, built reserves to nearly 50 percent of the city’s annual budget, redesigned and rebuilt the city’s faltering business district, and constructed a new city hall which was finished 3-months early and $1 million under budget.

Mr. Gourley is and has been a member of numerous commissions, committees, and bar associations.

In late 1999, Governor Gray Davis asked Mr. Gourley to serve as Director of the Department of Motor Vehicles (DMV) and to make the DMV more accessible. Mr. Gourley successfully replaced 18 year old computers in DMV’s 170 filed offices, and put licensing, registration and numerous other DMV functions (including appointments) on the internet, thus transforming an agency which has over 9,500 employees, 700 million transactions per year, and a budget of $650 million. DMV collects over $6.5 billion annually.

Mr. Gourley continues to practice law in the fields of securities, real estate, and mortgage lending and brokering, emphasizing his representation of clients before the Department of Real Estate, Department of Corporations, and the Securities & Exchange Commission.

He is one of the original authors of the rules relating to multiple lender loans and is considered one of the pioneers in public offerings of mortgage–based securities in the State of California.

Mr. Gourley has been a frequent speaker on mortgage lending, compliance, fiduciary duty, the California Finance Lender’s Law and other issues relating to the California Finance Lenders and real estate mortgage brokers. Mr. Gourley has also served as an expert witness in litigation relating to securities and mortgage lending for title companies, real estate brokers, and the United States Department of Justice.

Mr. Gourley brings back to Malek & Malek the same determination, work ethic, no-nonsense attitude, and sense of humor that he brought to his previous endeavors.

Mr. Gourley lives in Culver City with his wife, Sharon.