Subprime Litigation and Mortgage Scams
The recent slump in the housing market has exposed a significant number of mortgage scams and lender improprieties that have financially devastated current and would-be homeowners. Whether it be a house, condo or otherwise, the home is the largest investment that the typical American makes over the course of his or her lifetime. Not surprisingly, homeownership has been called the most common pathway to long-term wealth accumulation. That is why it is critical that homeowners defend their financial interests and legal rights against those who would defraud them.
Zamansky & Associates represents far too many victims of subprime investment and mortgage scams. While the types of cases we work on are quite diverse, the most common claims we currently see pertain to issues of material misstatements, misrepresentations and omissions concerning mortgage backed securities, collateralized debt obligations, asset backed securities, and the valuation of those financial instruments. We also represent victims of predatory lending practices, equity skimming, and mortgage broker-related cases. We understand the nuances of the mortgage origination and underwriting processes, and have the depth and breadth of experience to help homeowners and investors who have suffered undue losses.