What recourse do investors have if they suspect they have been defrauded in a securitization scheme involving mortgage loans?
What recourse do investors have if they suspect they have been defrauded in a securitization scheme involving mortgage loans?
Investors suspecting fraud in a mortgage securitization scheme have several recourses. They can file complaints with regulatory authorities like the SEC or CFPB, pursue legal action against involved parties for misrepresentation or fraud, or join class-action lawsuits. Additionally, they may seek restitution through civil litigation or arbitration. Diligent monitoring of financial statements and seeking advice from legal or financial professionals are crucial steps in addressing suspicions of fraud in such schemes.
