Many claims involved property and conveyancing disputes and
include subprime mortgage lenders as the claimants.
Not exact matches
He was also forced to clean up other messes,
including bad bets on U.S.
subprime mortgages and structured debt that cost the bank more than $ 10.7 billion in writedowns from 2007 to 2009, the most of any Canadian
lender during the financial crisis.
Another practice among predatory
lenders is to
include a prepayment penalty on loan agreements, especially those involving
subprime mortgages or car loans.
We have successfully represented officers and directors of banks,
mortgage lenders (
including those specializing in
subprime loans), and other financial institutions in connection with regulatory matters and complaints brought against them arising from allegations of failure to observe their fiduciary duties, alleged fraud, alleged predatory lending practices, and other matters arising from their respective roles in guiding and leading the efforts in the marketplace of their institutions.