This paper was prepared by Marsha Courchane and Amand Raman, Partner and co-leader of Skadden’s Consumer Financial Services Litigation and Enforcement practice. The paper discusses default servicing as a priority for federal regulators, enforcement agencies, servicers and their advisors. It was released at the Mortgage Bankers Association Regulatory Compliance Conference 2010.
PROMESA turns 10: Puerto Rico's new start, unclear future
By implementing standard accounting practices, safeguarding public pension benefits through an innovative trust, and dramatically cutting tens of billions in...