Nixon Peabody expanded its mortgage finance and foreclosure team. The law firm's aim is to offer added resources to address clients’ increasing needs due to mortgage foreclosure crisis.
The expanded group includes attorneys from a variety of practices such as securitzation, banking and regulatory, finance, bankruptcy and restructuring, real estate, real estate litigation, class action litigation, and government investigations.
“While many other law firms are now beginning to get involved in the mortgage foreclosure crisis, our attorneys have been active for the past three years,” said Justine Wilcox, leader of Nixon Peabody’s real estate practice and co-head of its mortgage finance and foreclosure team. “With the risks that the new mortgage foreclosure crisis poses to the broader economy, our team can help clients navigate the changing and increasing demands from federal regulators and state governments and litigation resulting from the practices now being questioned.”
The growing team advises clients on impending issues that involve mortgage foreclosures and repurchase obligations as clients face bankruptcy and restructuring, litigation, government investigation, and new regulatory enforcement.
Nixon's attorneys address the range of issues related to the mortgage foreclosure crisis that affects institutions such as securitization sponsors, originators, trustees, loan servicers, and mortgage lenders caught up in the crisis.