Robert Siegel

Robert Siegel

Bilzin Sumberg Baena Price & Axelrod LLP

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Latest Posts › Mortgage Loan Aggregators

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Mid-2015 Mortgage Crisis Update – The Repurchase Demands Continue

In the aftermath of the financial crisis, Fannie Mae and Freddie Mac aggressively demanded Wall Street and big bank aggregators (“aggregators”) repurchase millions of defaulted and distressed loans, due to purported breaches...more

6/12/2015 - Banking Crisis Banking Sector Citibank Fannie Mae Freddie Mac GSE Mortgage Lenders Mortgage Loan Aggregators Mortgage Loan Originators Mortgages Repurchases Settlement Agreements

TBTF Servicing: Another Issue for Originators to Consider

As widely reported recently, close to 1.2 million borrowers (about 30% of the more than 3.9 million households that faced foreclosure proceedings by the 11 leading financial institutions in 2009 and 2010), had to battle...more

4/18/2013 - Borrowers Foreclosure Mortgage Loan Aggregators Mortgage Loan Originators Secondary Markets

Gotcha! Originators Beware of Baseless Claims

Just about every time I think that the demands being asserted on residential mortgage loan originators for mortgage loan “repurchases” or indemnification payments (on account of loans that were originated years ago during the...more

12/13/2012 - Mortgage Loan Aggregators Mortgage Loan Originators Mortgages Repurchases

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