For mortgage brokers, lenders, realtors, title companies, and loan servicing companies – and now investment banks and credit rating firms as well – the current “crisis” in sub-prime lending dramatically increases the risk of litigation in the near future. State attorneys general, community activists, fair housing

advocates and debtors’ attorneys are becoming more aggressive in pursuing claims against any party connected with a troubled sub-prime loan. Yesterday’s sub-prime loan can easily turn into tomorrow’s “predatory loan.” The result could be a lawsuit which, like many Ulmer & Berne attorneys have seen recently,

alleges common law fraud, racially targeted marketing or solicitation practices, “redlining” and/or race discrimination in lending, violations of the Fair Credit Reporting Act, and violations of the Fair Debt Collection Practices Act.