| Diane Nygaard's national practice specializes in Securities Litigation and
Arbitration, Securities Class Actions, Investor Litigation, Investor Arbitration, Annuity
and Insurance Litigation, Consumer Protection, and Class Actions. |
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| Diane Nygaard has extensive experience representing investors in litigation, including
several class actions against insurance companies, arising from racially discriminatory
pricing of life insurance, misleading sales presentations of annuities and other life
insurance products. |
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 Throughout this litigation, the Court has found that
Lead Plaintiff’s Counsel have zealously rendered legal services in a professional and
skillful manner.  Judge
David Bruns
District Court of Shawnee County, Kansas
In Re Kinder Morgan, Inc. Shareholders Litigation |
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REMIC Attorney Diane Nygaard | Real Estate Mortgage Investment Conduit Lawyer
During the economic crisis over the past few years, investors have experienced huge losses after investing in mortgage-backed securities known as REMICs, or Real estate mortgage investment conduits. As a skilled REMICs attorney, Diane Nygaard has years of experience in representing clients with securities related arbitration and litigation.
Real estate mortgage investment conduits are trusts in which large-scale investment banking firms regularly place the sizeable blocks of loans they sell or purchase. When commercial or residential real estate property mortgage loans are bundled and investors purchase these loans, it is known as securitization. Experienced real estate mortgage investment conduits lawyers know that not all loans are secure, which means that should foreclosure occur, your lender may not have a standing in the proceedings.
The investors that typically purchase these large blocks of loans include Wells Fargo, DeutscheBank, Goldman Sachs, Countrywide, etc. Once placed into trusts or REMICs, shares of these blocks of loans are then purchased by investors. In April of 2011, the IRS confirmed that they would be reviewing mounting evidence that tax requirements were violated by banks due to the mishandling of transfer of mortgages to real estate mortgage investment conduits. It is apparent that the misdeeds of these banks is widespread, and that investors' interests are at stake. As a skilled REMICs attorney, Diane Nygaard works diligently to protect the rights of investors.
Diane Nygaard is a reputable REMICs lawyer who knows that all too often, investors suffer losses, and may not even know where there loan went, or how it was invested. In the case of litigation or foreclosure defense against lenders, it is essential to know where your loan went. Many investors have lost money after investing in mortgage-backed securities; in October of 2010, Countrywide institutional investors in mortgage securities and the Federal Reserve Bank of New York issued a letter to Bank of America and demanded that Bank of America buy back mortgages that the former Countrywide (now Bank of America) pooled and issued securities on. According to investors, mortgage loans were not properly documented by Countrywide.
Securitization of mortgage-backed loans is governed by strict rules; when those rules are not followed, investors may have rights to recover their losses. As a capable Real estate mortgage investment conduits attorney, Diane Nygaard seeks to help those who have invested in mortgage-backed securities who have suffered financial loss through arbitration or litigation.
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