Increased concern and scrutiny on mortgage foreclosure practices have created significant business and legal challenges that affect a broad range of institutions across the United States. As a result, international law firm Nixon Peabody LLP has expanded its Mortgage Finance and Foreclosure Team to offer additional resources to address clients’ growing needs during the mortgage foreclosure crisis. Nixon Peabody’s team includes attorneys from a variety of practices including banking and regulatory, securitization, finance, bankruptcy and restructuring, real estate, real estate litigation, class action litigation, and government investigations.
“While many other law firms are now beginning to get involved in the mortgage foreclosure crisis, our attorneys have been active for the past three years,” said Justine Wilcox, leader of Nixon Peabody’s Real Estate practice and co-head of its Mortgage Finance and Foreclosure Team. “With the risks that the new mortgage foreclosure crisis poses to the broader economy, our team can help clients navigate the changing and increasing demands from federal regulators and state governments and litigation resulting from the practices now being questioned.”
The Mortgage Finance and Foreclosure Team advises clients on impending issues involving mortgage foreclosures and repurchase obligations as clients face bankruptcy and restructuring, litigation, government investigation, and new regulatory enforcement. Nixon Peabody attorneys can speak to the full spectrum of issues related to the mortgage foreclosure crisis which affects those institutions including originators, trustees, loan servicers, securitization sponsors, and mortgage lenders caught up in the crisis.
