RMBS holders in court battle over breaches of reps and warranties
Courting trouble
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Securitisation
7 days in 60 seconds
Swap termination, SA-CCR and the AFM’s push for fair treatment
The week on Risk.net, September 5-11, 2020
Receive this by email