"RMBS Litigation," PLI's New Developments in Securitizations 2012, Practicing Law Institute, New York.
As the securitization world begins to emerge from the financial crisis, it faces an onslaught of new regulation and uncertainty. Many transactions have been downgraded and have suffered unforeseeable losses. Additionally, investor confidence in structured products has been badly shaken. Moreover, many transactions have been subject to restructurings and litigation of various types.