WEBINAR: Mortgage Repurchase Demands on the Rise – Evaluating, Defending, Negotiating and Litigating Loan Buybacks
14 July 2010
Webinar
Join Patton Boggs and MortgageDaily.com for a 60-minute webinar to discuss the surge in mortgage buyback demands. Sam Garcia, MortgageDaily.com's publisher will serve as moderator and Patton Boggs partners Patrick McManemin, John Schryber and Michael Waldron will address best practices, strategies and responses for handling these buybacks. Michael Forester will address the current repurchase environment and the loan file review process undertaken by both investors and originators.
Due to high default rates in the mortgage industry, market investors are demanding that loan originators repurchase a growing number of defaulted and non-defaulted loans, challenging that the loan documents contain misrepresentations. Listen as our panel of experienced attorneys explains how the rise in mortgage buyback demands came about and how counsel should approach and respond. Following the panel, you will have the opportunity to participate in an interactive Q&A session.
Topics Include:
Industry practices that led to the rise in mortgage repurchase demands
Current trends in mortgage repurchase demands
Assessing risk of mortgage repurchase demands
Developing an approach and response to these demands – including insurance considerations, negotiation strategies and best practice for litigation
Panelists include:
Patrick F. McManemin, Partner, Mortgage Banking, Bankruptcy and Restructuring, Business, Energy and Natural Resources, Litigation and Dispute Resolution, and Real Estate practice areas, Patton Boggs LLP
John W. Schryber, Partner, Mortgage Banking, Intellectual Property, Litigation and Dispute Resolution, and Securities practice areas, Patton Boggs LLP
Michael S. Waldron, Partner, Mortgage Banking, Business and Corporate Finance practice areas, Patton Boggs LLP
Michael M. Forester, Managing Director, CrossCheck Compliance
System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP, 2003 Server or 2000
Macintosh®-based attendees
Required: Mac OS® X 10.4.11 (Tiger®) or newer