Pangea3 has established a taskforce dedicated to mortgage-backed securities (MBS) related document review. As the preferred document review provider for many of the largest international banks, the Pangea3 Mortgage-Backed Securities Taskforce will provide clients with knowledge and experience through work on numerous Mortgage-Backed Securities-related lawsuits and investigations, expediting the organization and review of large quantities of complex financial documents as part of the litigation workstream.
The Mortgage-Backed Securities Taskforce is spearheaded by senior Pangea3 litigators with experience managing complex securities litigation at the nation's top law firms and supported by over 200 full-time attorneys. Since 2010, members of the taskforce have conducted more than 200,000 hours of review in MBS-related litigations and investigations, as well as over 100,000 hours of review in other complex financial matters. Through this experience, each member of the Mortgage-Backed Securities Taskforce has a deep understanding of the financial services industry, and more importantly, is familiar with the legal structures and terminology unique to MBS-related documents.
"The surge in private mortgage-backed securities lawsuits, and the sheer volume of associated documents to review, has overwhelmed in-house counsel and their outside law firms. We have listened and responded to the needs of our clients and the legal industry by dedicating a team of attorneys experienced at working hand-in-glove with top outside counsel to provide efficient and cost-effective MBS-document review, while reducing risk," said Greg McPolin, VP and MD, Global Litigation Solutions.
