Tag Archives: subprime

A Few Legal Tips For Dealing Wtih the Distressed Hedge Fund Coming Fallout of 2008

As John Paulson, founder of Paulson & Co, recently stated in an article in Alternative Investment News, the subprime fallout and correction in housing “has only just started.” I concur. I believe that what we’ve seen recently will result in … Continue reading

Posted in Commentary, Legal Commentary, Overhedged | Tagged

Bush Administration Plan to Assist Subprime Mortgage Borrowers: Something to Tick Off Everyone?

Perhaps the best thing that can be said for the plan announced yesterday by the Bush Administration to help subprime mortgage borrowers is that no one seems to like it. Advocates for borrowers point out that it will only apply … Continue reading

Posted in Commentary, Overhedged, Political Commentary | Tagged

More Bad News for Investors in Mortgage Securities Pools – Court Dismisses Foreclosure Action

Principles of legal standing mandate that a party seeking judicial relief be able to demonstrate a cognizable interest in the matter at issue. Foreclosing on a defaulted mortgage loan usually does not implicate this doctrine: the borrower’s failure to pay … Continue reading

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