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Settlement Wrongful Foreclosures

Bilzin Sumberg

Taking The Easy Way Out Again: Recent OCC/Big Banks Settlement

Bilzin Sumberg on

Any follower of this blog or the mortgage crisis at large will — sadly — not be surprised by the seemingly never-ending news of foreclosure misdeeds by the nation’s biggest banks. Recent news reveals a particularly...more

Bilzin Sumberg

Mortgage Foreclosure Settlement

Bilzin Sumberg on

We have long been skeptical of most loan “repurchase” or “indemnification” demands made by big banks against the third-party originators (i.e., correspondent lenders) who sold those loans to the big banks many years ago....more

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