RMBS holders in court battle over breaches of reps and warranties

Courting trouble

law-gavel-money
Courting trouble: US RMBS investors are pushing for put-backs

Some battles are harder to win than others. In the case of attempts by bondholders to force put-backs of private label US residential mortgage-backed securities to bank originators, the battle is all relentlessly uphill. Despite that, investors are continuing to join forces in a bid to recoup losses on their RMBS investments, with growing numbers of bondholders adding their names to action groups.

Their case rests on showing that mortgage originators violated representations and warranties when

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here