A large number of CDOs experienced losses during the 2008 Financial Crisis, and this has led to litigation between the parties involved. CRA experts have vast experience analyzing CDO tranche performance and assets in CDO trusts, including CDS and ABCP. We recently supported counsel for a CDO trust in dispute over claims of collateral funds.
What is disparate impact testing?
Disparate impact testing requires quantitatively testing models for fairness with respect to classes of borrowers protected under the Equal Credit Opportunity...