Second-Lien Portfolio Repurchase and Servicing Review
A large regional bank that purchased a portfolio of second-lien loans on a servicing-retained basis was concerned that the original underwriting was not as represented...
Mortgage-Backed Securities Expert Witness and Loan Review
Mortgage-backed securities investors, including government-sponsored enterprises regulated by the FHFA, have filed actions under the Securities Act of 1933 and various state investment acts. Defendants’...
In a class action regarding HAMP loan modifications against one of the largest banks, counsel engaged CrossCheck to conduct a mortgage servicing file review, prepare...
Loan Modification Expert Witness and Litigation Support
Counsel for a top-five bank engaged CrossCheck in several cases involving denied HAMP loan modifications. CrossCheck reviewed the underlying servicing files, prepared an expert report,...
CrossCheck partnered with a major litigation support firm to provide a third-party fairness opinion on a proposed settlement between an RMBS issuer and various investor...
Predatory Mortgage Banking Litigation and Underwriting Review
A borrower sued the client, a national mortgage lender, alleging predatory lending and loan flipping. CrossCheck reviewed the underwriting of the subject mortgage loan and...
False Claims Act Litigation Support – Mortgage Servicing
CrossCheck provided litigation support in a False Claims Act lawsuit involving HAMP mortgage servicing allegations against one of the largest mortgage servicers. The engagement included...
After receiving a CFPB memorandum of understanding (MOU), one of the nation’s largest independent mortgage originators and servicers engaged CrossCheck, upon CFPB non-objection, to conduct...
CrossCheck has conducted numerous default servicing and foreclosure look-back loan file reviews for mortgage servicers in connection with regulatory requirements tied to the 2011 Consent...
