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Panel: Mortgage buyback litigation to last years 

Aug 18, 2011By

A panel of financial advisers and attorneys said the ongoing litigation between banks and their investors in soured mortgage-backed securities sold during the housing boom will not be resolved any time soon. The panel, conducted in collaboration with Bloomberg Television, consisted of various regulatory and dispute consultants at Deloitte and Howard Altarescu, a partner with Orrick, Herrington & Sutcliffe. They discussed lingering problems holding back a housing recovery and debated where the industry will go next.

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