K&L Gates Task Force To Support Embattled Servicers

Posted by Orb Staff on October 20, 2010 No Comments
Categories : FYI

Global law firm K&L Gates LLP says it has assembled a cross-disciplinary team to assist mortgage servicer clients in addressing questions and responding to allegations regarding their foreclosure practices and procedures.

According to a K&L Gates press release, the firm's task force will assist clients in developing a ‘coordinated, nationwide defense to a wide range of allegations, from inadequate documentation and wrongful foreclosure to lack of standing to foreclose and failure to comply with affidavit and notarization requirements, among others.’

The group includes lawyers experienced in counseling servicers on compliance with state servicing laws; initiating and conducting internal investigations (including having served as examiner in the New Century and WorldCom bankruptcy proceedings); and defending servicers in federal and state government enforcement actions, class actions and loan-level litigation, the firm says.

SOURCE: K&L Gates

Register here to receive our Latest Headlines email newsletter




Leave a Comment