The Current State of Litigation Related to Repurchase/ Indemnification Demand

The rapid expansion of bank–fintech partnerships—particularly through banking-as-a-service (BaaS) models—has fundamentally reshaped the delivery of financial products. But as these relationships proliferate, so too does litigation risk. Many of the resulting disputes hinge on a fam...

Sellers of residential mortgage loans face serious financial risks if they sign purchase agreements without careful review. Key provisions on fraud, defaults, materiality, and survival periods can create unlimited liability well beyond any profit earned.

Last month, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion on the attempted enforcement of time-barred alleged debt collection rights as to second mortgage loans. It is a violation of the Fair Debt Collection Practices Act (FDCPA) and its implementing Regulation F to sue ...