Mortgage insurers and guarantors of mortgage pools are in the spotlight as a result of the recent mortgage meltdown.
To avoid losing billions, mortgage insurers are resisting massive payouts by claiming that they were intentionally misled by faulty underwriting and appraisals, in other words, were defrauded. Some insurers blame mortgage originators, alleging that they had or should have had knowledge of material misstatements of fact with intent to deceive the insurers.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
