Joseph Cioffi was quoted in an SCI article, "ABS Litigation 'Rules of Engagement' Explained." Continue Reading
Reuters Legal News | Repurchase Agreement Redux: Mortgage Loan Originator Bankruptcies Are Back
The reasons may be different, but mortgage loan originator bankruptcies are making headlines for the first time since the run-up to the 2008 financial crisis. Climbing interest rates on top of high home values have resulted in a sharp drop in origination volume on the heels of rapid growth and Continue Reading
Commercial Property Executive | How Rising Interest Rates Impact CMBS
Joseph Cioffi was quoted in a Commercial Property Executive article, "How Rising Interest Rates Impact CMBS." Continue Reading
The Real Estate Finance Journal | The Next Strain of Repo Litigation
As the economic crisis continues to impair the value of commercial mortgage-backed securities (“CMBS”) that collateralize loans to real estate investment trusts (“REITs”) to finance their investments, there is the prospect of increased margin calls, requiring REITs to provide additional funds to Continue Reading