Lawsuits Sprouting From All Corners of MBS Business Following Market Collapse
February 20, 2009
While the public has a front row seat at the battles over foreclosures, mortgage legislation and the government-sponsored enterprises, the securitization industry is increasingly facing a behind-the-scenes war of its own, said lawyers at the American Securitization Forum’s 2009 conference in Las Vegas last week. “Everybody is suing everybody,” said Talcott Franklin, a...