Representative Engagements

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’ counsel have retained CrossCheck to provide loan file review and expert witness testimony in many of these cases. We review the mortgage loan files underlying the security to evaluate the original underwriting and due diligence process and determine the consistency of the loan portfolio’s attributes with security offering documents. CrossCheck has utilized its experience with loan products and underwriting standards to provide evaluations relevant to the historical context in which the loans were originated. Our work has culminated in expert reports, deposition testimony, and trial testimony.