Simmons Perrine Moyer Bergman PLC
Christopher K. Loftus

Christopher K. Loftus

Position: Member
115 3rd Street SE, Suite 1200
Cedar Rapids, IA 52401-1266
(319) 896-4081 direct
(319) 366-1917 fax

Christopher Loftus represents lenders and other commercial creditors in a variety of business and litigation matters. He is experienced in foreclosures, including residential, commercial, and agricultural real estate, receiverships, equipment financing, pursuing loan collateral, and negotiating workouts. Mr. Loftus also advises lenders on issues involving regulatory compliance, consumer and commercial transactions, including secured and unsecured lending, asset-based and real estate lending, loan documentation, and mortgage enforceability.

Mr. Loftus is an experienced litigator having represented lenders in proceedings in courtrooms throughout Iowa and other jurisdictions. He has successfully represented creditors in matters before the state and federal courts, bankruptcy courts, and appellate courts.

In addition, Mr. Loftus regularly presents on topics affecting the day-to-day operation of financial institutions, including topics involving the Uniform Commercial Code, state and federal banking regulations, and foreclosures and workouts. Mr. Loftus has also authored several publications on consumer regulations affecting lenders such as the Fair Credit Reporting Act and the recent overhaul of the mortgage lending industry by the Dodd-Frank Act.

Mr. Loftus came to Simmons Perrine Moyer Bergman PLC from the Minnesota Credit Union Network where he served as Associate General Counsel. In this position, he advised credit unions on legal issues involving lending account compliance, privacy, bankruptcy, collections and contractual matters. Prior to that position, Mr. Loftus was an attorney with a mid-sized Minneapolis law firm, where he represented clients in all stages of creditor’s rights litigation in Minnesota, Iowa and Nebraska. In this role, Mr. Loftus represented clients in state and federal litigation involving bankruptcy, collections, replevins and other creditor’s rights and lender liability matters.

Recent articles:

Honors & Awards

  • Included in Great Plains Super Lawyers Rising Star list, 2015 - 2016


  • Iowa State Bar Association
    • Commercial and Bankruptcy Law Section
    • Subcommittee to Review Proposed Changes to Garnishment Statue, 2014
  • Johnson County Bar Association
  • Corridor Credit Association

Community Involvement

  • 100+ Men Who Care: Hawkeye Chapter
  • Iowa City Noon Rotary Club
  • 2016 Boy Scout Merit Badge University, Instructor
  • Big Brothers Big Sisters of Cedar Rapids and East Central Iowa, Past Board of Directors and Strategic Planning Committee
  • 100+ Who Care, Cedar Rapids Metro, Past


Access the banking presentation library, here.

2018 Presentation

  • Minimizing Risks of Problematic Ag Loans, 9/13/2018

2016 Presentation

  • Regulatory Update: A Review of the Recent Changes to the Military Lending Act, Webinar, December 7, 2016

2015 Presentations

  • Filing the Lawsuit – Developing Definitive Strategies, National Business Institute “Collection Law From Start to Finish” Seminar, December 8, 2015
  • Collecting the Judgment, National Business Institute “Collection Law From Start to Finish” Seminar, December 8, 2015
  • Iowa Agricultural Liens, Webinar, November 3, 2015
  • Mortgage Reform Continued: A Review of the New TILA-RESPA Integrated Disclosure (TRID), Webinar, July 14, 2015
  • Iowa’s Garnishment Statute and the Recent Changes Following the Gemini Decision, Webinar, July 14, 2015
  • TILA-RESPA Integrated Disclosure Rule, Client Seminar, May 20, 2015
  • Applicant Anxiety: Fair Credit Reporting Act Concerns During the Hiring Process, 2015 Employment Law Update, April 23, 2015

2014 Presentations

  • Regulatory Update: A Look Ahead to the CFPB in 2014, Webinar, March 18, 2014
  • The Impact of the CFPB’s New Mortgage Rules on the Closing Process, Iowa Title Guaranty Spring Conference, March 11, 2014
  • Navigating Through the Red Tape: Understanding the Ability-to-Repay and Qualified Mortgage Rules, Client Seminar, February 13, 2014

2013 Presentations

  • CFPB Changes, Webinar, November 5, 2013
  • Lending Update: A Look Ahead to the Consumer Financial Protection Bureau’s (CFPB) New Mortgage Rules, CLE Presentation, Iowa State Bar Association, September 26, 2013
  • Keeping Up with the CFPB: A Closer Look at the CFPB’s New Mortgage Regulations, Webinar, August 14, 2013
  • Upcoming Regulatory Challenges: A Preview of the Consumer Financial Protection Bureau in 2013, Presentation, January 29, 2013

2012 Presentation

  • Account Compliance for Conservatorships, Guardianships & Powers of Attorney in Minnesota, Webinar, December 18, 2012


  • Congress Rolls Back Dodd-Frank Regulations (June 2018) | Download Article
  • Background Check Backlash: Employers Should Take Note of Recent FCRA Class Action Litigation, USLAW Magazine (Sept. 2016) | Download Article
  • MNCUN Compliance Reference Guide, Minnesota Credit Union Network (Dec. 2012)
  • It's Not Over: New Mortgage Forms Required in 2015, USLAW Magazine (Sept. 2014) | Download Article