Cryptocurrency continues to gain traction as a means of payment for goods and services. It recently made its debut appearance in the mortgage industry, as the concept of a “crypto-mortgage” came to life. A Miami-based...more
2/9/2022
/ Bitcoin ,
Consumer Financial Products ,
Cryptocurrency ,
Digital Currency ,
Financial Services Industry ,
Loans ,
Mortgage Loan Originators ,
Mortgages ,
Popular ,
Real Estate Investments ,
Real Estate Market ,
Real Estate Transactions
A surge in repurchase claims against mortgage originators may be imminent as aggregators and servicers face nonpayment of debt obligations and liquidity shortfalls resulting from an increase in residential mortgage loans put...more
Last week, Lehman Brothers Holdings Inc. (“LBHI”) filed two new motions in its ongoing Southern District of New York Bankruptcy Court litigation against approximately 130 loan originators and brokers...more