Josh Rosner, of Graham-Fisher — violations of PSA on mortgages could dwarf the Lehman weekend
TOP READER PICKS FOR SERVICES AND PRODUCTS Josh Rosner, of Graham-Fisher, put the following out in a note today, claiming violations of pooling and servicing agreements on mortgages could dwarf the Lehman weekend: Nearly all Pooling and Servicing Agreements require that “On the Closing Date, the Purchaser will assign to the Trustee pursuant to the …