Lenders Told to Proceed Cautiously In Subprime Litigation Minefield
June 30, 2008
As an ever-increasing number of cases against subprime lenders mount in 2008, attorneys note that the potential outcome of the cases is difficult to predict as few precedents in the area have been set. However, initial action suggests that lenders have cause for concern.At Mealey’s Subprime Mortgage Litigation and Insurance Coverage Conference in Arlington, VA, recently...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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