The firm has developed a particularly broad range of expertise in the area of mortgage lending, including reverse mortgages. Principal areas of expertise include the recovery of assets lost to various types of fraudulent activity by third parties, including complex multi-party mortgage fraud schemes. The firm’s founding members are the co-authors of one of the earliest articles, published in 2006, anticipating the mortgage fraud crisis. The firm’s attorneys have become expert in a variety of areas that it has found essential to the effective representation of its financial institution clients. This expertise includes:
- Repurchase and indemnification claims related to contracts with mortgage brokers.
- Demands and actions for recovery pursuant to closing instruction violations by closing agents.
- Title insurance claims.
- Breaches of Closing Protection Letters/Insured Closing Letters.
- The defense of putative class actions.
- Allegations of improper foreclosure and loan servicing practices.
- Violations of the Uniform Standards of Professional Appraisal Practice (“USPAP”) by real estate appraisers.
- The analysis of large data sets to detect patterns of fraud and potential sources of recovery.