A National Mortgage Banking Lender sold a substantial portion of the $5B loan pool to the large banking buyer and faced Post Pool Loan Sale issues under Representations and Warranties (R & W). The buyer contested chain of title issues, legal descriptions, legal assignments, and unreleased prior liens. We were engaged to represent the seller to cure imperfections or rebut the Reps and Warrant put-backs.
Represent Client in Post Pool Loan Sale with contested issues. Successfully rebutted and resubmitted to the purchased pool loans cleared of any material imperfections. Achieved a substantial return of cleared loans to the sale pool for the client.
Warbird Financial Compliance Advisors are experts with years of experience in achieving results and providing comprehensive business solutions for clients. We pride ourselves on accurately evaluating your organization’s compliance needs and utilizing our unique industry benchmarks to optimize your results.