The subprime mortgage market has been a major factor in propelling the American economy into an apparent recession. This subprime crisis raises many important issues for attorneys and other professionals. Litigation is rampant as lenders, mortgage brokers, investment banks, credit rating agencies, and other mortgage players are being sued left and right. Plus, new regulations and perhaps even changes in bankruptcy laws are almost sure to follow in the wake of this crisis.

Mortgage and Asset Backed Securities Litigation Handbook (West Legalworks)
This book provides lawyers, judges, policy-makers, and sophisticated investors with the tools needed to understand the issues unique to the litigation of securitized mortgages and assets, the direction such litigation will take in the future, and the ever-changing legal and regulatory landscape evolving from the expanding credit crisis.

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The Subprime Crisis, a Thomson West Report (Andrews)
Perspectives and Legal Insights on the Subprime Lending Crisis

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This special report features 25 commentaries by experts in their field analyzing the legal and economic ramifications of the mortgage meltdown. It also includes a selection of articles from Andrews Litigation Reporters on the litigation resulting from the growing number of defaults and foreclosures on subprime loans, as well as related government materials, pending legislation, and pleadings from ongoing cases.

While this special report is a snapshot in time, the Andrews Litigation Reporters newsletters will continue to update readers about the latest developments, analysis and commentaries, as well as the most recent court filings, pleadings, briefs, and court opinions. Additional Subprime-related Litigation Reporter titles available both in print and on Westlaw include:

Instant Awareness Series (Aspatore)
Aspatore Books' critically acclaimed Instant Awareness series provides readers with proven expert commentary and insights on the legal impact of recent significant happenings in the world. Each report is comparable to a white paper or essay and is a snapshot of a major current event, with a step-by-step analysis of the parties involved and the legal and governmental implications for the future. Subprime titles include:

See more Aspatore titles.

For assistance in setting up the Westlaw Subprime tab, call 1-800-207-9378; we are available 24/7.

NEW Subprime Tab on Westlaw
Keep tabs - literally - on all the subprime litigation issues through Westlaw. By adding the Subprime tab to your customized Westlaw home page, you put dozens of "subprime" resources on one convenient screen, giving yourself quick access to key data to keep you current, including:

Plus, stay up to date on legal developments related to subprime with a subscription to our weekly First Focus email. Receive a weekly email with links to articles, cases, trial filings and more to help keep you current on this ever-changing topic.

With everyone looking to point the finger in the wake of the subprime crisis, it is no surprise that we are witnessing the first wave of lawsuits. Homeowners are suing lenders. Lenders are suing investment banks. Investment banks are suing loan specialists. And investors are suing accountants, lawyers and investment advisers claiming that they weren't adequately advised of the risks. A subsequent wave of suits is not far behind. One thing is clear: the legal issues involved in the securitized mortgage market are complex and daunting.

With:
Katherine A. Burroughs - Partner, Dechert LLP; Hartford, CT
Joseph Philip Forte - Partner, Alston & Bird LLP; New York, NY
Talcott J. Franklin - Partner, Patton Boggs LLP, Dallas, TX; Coauthor, Mortgage and Asset Backed Securities Litigation (Thomson West, March 2008)
Ronald F. Greenspan - Senior Managing Director and Leader of the Structured Finance Transactions Practice, FTI Consulting, Inc.; Los Angeles, CA
Thomas F. Nealon, III - Group General Counsel, Real Estate Finance & Servicing Group, LNR Partners, Inc., Miami Beach, FL; Coauthor, Mortgage and Asset Backed Securities Litigation (Thomson West, March 2008)

Given the barrage of subprime-backed securities lawsuits that were filed in recent months and the mounting crisis in other debt markets, now more than ever lawyers need to know how to properly advise and defend their clients as well as achieve cost-efficient settlements. Some of the biggest challenges in the current credit crisis include insurance coverage, malpractice claims and complex bankruptcy issues.

With:
Rick B. Antonoff, Esq. - Partner, Pillsbury Winthrop Shaw Pittman LLP (New York, NY)
Talcott J. Franklin - Partner, Patton Boggs LLP, Dallas, TX; coauthor, Mortgage and Asset Backed Securities Litigation (West March 2008)
Charles R. Gibbs - Partner, Akin Gump Strauss Hauer & Feld LLP, Dallas, TX
Lawrence P. Gottesman - Partner, Bryan Cave LLP, New York, NY
Thomas F. Nealon III - Group General Counsel, Real Estate Finance & Servicing Group, LNR Partners, Inc., Miami Beach, FL; coauthor, Mortgage and Asset Backed Securities Litigation (Thomson West, March 2008)
John W. Schryber - Partner, Patton Boggs LLP, Washington, D.C.
Amianna Stovall - Partner, Dreier LLP, New York, NY

In response to the subprime credit crisis plaguing our country, federal and state regulators have been rapidly drafting legislation to regulate the industry while enforcement agencies continue to conduct formal and informal investigations.

With:
Chris Bell - Former U.S. Congressman (D-TX), of Counsel, Patton Boggs LLP, Dallas, TX
Alison T. Conn - Branch Chief, New York Regional Office, Securities & Exchange Commission, New York, NY
Joshua R. Cohen - Partner, Cohen Rosenthal & Kramer LLP, Cleveland, OH. Mr. Cohen is leading the lawsuits that the City of Cleveland has filed against 21 banks.
Todd L. Cranford - Former Senior Counsel to the U.S. House of Representatives Committee on Financial Services, of Counsel, Patton Boggs LLP, Washington, DC
Talcott J. Franklin - Partner, Patton Boggs LLP, Dallas, TX; coauthor, Mortgage and Asset Backed Securities Litigation (West March 2008)
Thomas F. Nealon III - Group General Counsel, Real Estate Finance & Servicing Group, LNR Partners, Inc., Miami Beach, FL; coauthor, Mortgage and Asset Backed Securities Litigation (Thomson West, March 2008)
Timothy G. Sekerak - House Counsel, State of Washington House of Representatives
Gary S. Singletary - Assistant Director of Law, City of Cleveland, Cleveland, OH

http://westlegaledcenter.com/program_guide/course_detail.jsf?courseId=14268468

Find out where the next wave of problems in the on-going credit crisis are likely to appear, and what types of claims and legal work will result from these problems.

This webcast, presented by Aspatore and West Legalworks, examines and analyzes each presidential candidate's published positions related to the current housing crisis.