Don’t expect 2008 style costumes after the next real estate crash

0


Law360 (July 13, 2021, 4:57 PM EDT) – The latest real estate crash rocked the U.S. economy, causing the worst recession in generations. Thirteen years later, house prices recently soaring at their fastest pace in 30 years[1] – another crash, or at least big corrections in many markets, is only a matter of time.

The 2008 crash sparked a flood of lawsuits, including allegations that the big banks sold $ 200 billion in fraudulent mortgage securities to Fannie Mae and Freddie Mac.[2] With different underlying issues today, it’s unclear what kinds of lawsuits will follow the next fix.

But here’s what to watch out for while waiting for …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS



Source link

Leave A Reply

Your email address will not be published.