Starting in late 2006, numerous subprime mortgage lenders have experienced severe financial distress. Rising interest rates, slower house price appreciation, and increasing delinquencies and defaults by borrowers form the backdrop. These difficulties have led to investigations by regulators, bankruptcy filings, and litigation from securities holders.
Compliance solutions for pandemic-related fraud risks
When the COVID-19 pandemic struck the US in March 2020, office environments, supply chains and traditional ways of doing business evaporated in mere weeks....