Subprime Mortgage Consulting
The Ripple Effect
As the number of subprime mortgage–related home foreclosures and loan delinquencies has climbed, federal prosecutors and regulators have launched new investigations into subprime lender activities. Litigation has mounted in a multitude of jurisdictions over business disputes arising from subprime market dealings. Mortgage companies, brokers, banks, financial institutions, and other companies that created, sold, bought, insured and even rated mortgage-backed securities are targets of these investigations and lawsuits. BDO Consulting’s seasoned professionals have the investigatory and litigation experience to assist clients in responding to these situations.
Our Services
Charting the Subprime Waters
We provide expert witness and consulting services, including financial accounting and forensic analyses to assess the risks facing investors and institutions relating to subprime lending activities. Our experienced subprime mortgage professionals include mortgage banking and real estate professionals; investigative professionals experienced in investigating, regulating and prosecuting mortgage fraud; and executives from accounting and auditing standards-setting bodies and self-regulatory organizations. Our well-credentialed professionals have provided testimony before federal and state courts, the SEC and other regulatory bodies.
As billion-dollar write-downs of subprime-related mortgage-backed securities continue, and institutions with impaired assets assess the viability of their business operations in the face of impending bankruptcy, BDO Consulting professionals can advise affected institutions, servicers, investors, audit committees and counsel and perform cost-effective, comprehensive business risk assessments.
While lenders, originators and loan servicers review their mortgage product offerings, market exposure and transaction structuring in this risk-sensitive climate, the experienced advisors at BDO Consulting can provide knowledgeable, in-depth analyses and guidance for institutions and investors facing issues related to subprime mortgage-related transactions.