LOAN MODIFICATION EXPERT WITNESS CASE STUDIES

Banking Expert Discusses Letter Of Credit Transactions In Loan Servicing Case LOAN MODIFICATION Expert Case

…  Administration (SBA) ran a program that guaranteed certain loans made by First Tennessee Bank to small businesses. Among other …  obligated First Tennessee to “close and disburse each loan in accordance with the terms and conditions of the approved loan authorization.” It also required the bank to execute documents, and “take …

Legal Counsel Fails To Disclose Loan Modification Before Transaction LOAN MODIFICATION Expert Case

…  $120 million. In the sale, the buyer proposed a $5 million loan be included as part of the sale for a subsidiary of their company. The …  time. The plaintiff was not made aware of the $2.5 million loan until the first payment was received. Shortly after the first payment was …

Banking & Lending Law Expert Opines on LLC Lending Dispute LOAN MODIFICATION Expert Case

…  responsibility to represent the bank, to draft adequate loan documentation, or to uphold their fiduciary duty to the defendant. The …  providing legal services regarding banking and commercial loan documentation, was engaged by the defendant to prepare loan documentation …

Securities Expert Witness Advises on Civil Securities Case Deriving from Mortgage Lender’s Defaulted Loans LOAN MODIFICATION Expert Case

…  scheme allegedly involved the defendant using a loan origination model that disregarded all underwriting guidelines and checkpoints in order to generate a large volume of loans. Employees were compensated based solely on the volume of loans. When the loans defaulted, the GSEs incurred more than a billion dollars …