Professor Levitin Refutes the American Securitization Forum

Professor Adam Levitin posted this blog post on Creditslips.org refuting the position of the Tom Deutsche of the American Securitization Forum's testimony before the Senate Banking Committee last week. Professor Levitin also recently testified before Congress on November 16, 2010 and November 18, 2010.
One of the important involved issues is the "chain of title" problem in mortgage securitization, including whether an endorsement is required from every party in the securitization chain.

Jordan E. Bublick, Miami-Dade, Broward, and Palm Beach, Florida, Attorney at Law, Practice Limited to Bankruptcy Law, Member of the Florida Bar since 1983