Taking Stock of Your Own House: Proactively Responding to the Subprime Mortgage Crisis

Sponsored By Mintz Levin

Topics:

Finance & Risk Management > Real Estate

Financial Crisis

Professional Services > Legal Services

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Abstract:

There is currently a very hot enforcement environment in the subprime mortgage arena. Prosecutorial and regulatory authorities are investigating corporations ranging from lenders to investment banks, debt rating agencies, hedge funds and professional advisers for crimes including predatory lending, mail and wire fraud and securities violations. If historical white collar cases are any kind of predictor, the possibility of stiff jail terms and hefty fines loom large.

It is imperative to get ahead of the problem by conducting an independent and thorough internal investigation to assess problems and get your subprime-related corporation on the right course.

This paper was writen by Bridget Rohde, a member in Mintz Levin's New York office and practices in the Litigation Section.

DETAILS

Sponsored by: Mintz Levin

Released: October 16, 2008

Length: 6 pages

Format: PDF (23 kb)

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