Repurchase Agreement Redux: Mortgage Loan Originator Bankruptcies Are Back

Residential mortgage warehouse providers acting under repurchase or “repo” agreements as buyers should be assured that safe harbors under the Bankruptcy Code will permit them to enforce their rights under repurchase agreements when originators file for bankruptcy, but, in reality, third parties may interfere.

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Bank of America to Pay $1.84 Billion to Settle Last Major Mortgage-Crisis Suit

Joseph Cioffi was quoted in The Wall Street Journal, "Bank of America to Pay $1.84 Billion to Settle Last Major Mortgage-Crisis Suit."

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Five Things to Know to Prepare for Consumer ABS Litigation

As performance risk grows in consumer ABS, legal risks will ensue. To negotiate best terms and prepare for potential disputes, every investor and deal party should know the ways the law has been transformed by years of RMBS litigation. This new legal framework, which impacts when and how claims must be made in order to survive challenge, will ultimately determine who wins and who loses in any...

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How Rising Interest Rates Impact CMBS

Joseph Cioffi was quoted in a Commercial Property Executive article, "How Rising Interest Rates Impact CMBS."

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Maturing CMBS Loans Face Greater Refinancing Hurdles

Joseph Cioffi was quoted in a Wealth Management Real Estate article, "Maturing CMBS Loans Face Greater Refinancing Hurdles."

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The HEAT is on

Joseph Cioffi was quoted in an SCI article, "The HEAT is on."

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How Companies Can Manage the Risks in Handling Alternative Credit Data

In a recent Reuters article, Joseph Cioffi and Nicole Serratore discuss the legal risks and share practical tips to safely get the most out of alternative data and AI when making credit assessments and collecting and using credit data. Read it here.

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