Mortgage Fraud a Growing Concern for Investors as Losses are Difficult to Recoup from Bankrupt Issuers
July 20, 2007
As regulators work to clean up the practices of subprime lenders, mortgage fraud is still a concern for MBS issuers and investors.At a seminar this week sponsored by the American Securitization Forum, Karen Gelernt, a partner at Cadwalader, Wickersham...