CRA has testified in several class action matters involving the origination or securitization of mortgage loans. These matters involved subprime lending, option ARM loans, reverse mortgages, forced place insurance, joint ventures, discrimination allegations, insurance claims on FHA loans, and residential mortgage backed securities.
COVID-19 crisis – Mortgage forbearance considerations
During the current COVID-19 crisis, many financial institutions have responded by tightening their lending standards while increasing allowable forbearance...