Cornerstone Research has worked with academic experts to analyze the factors driving defaults on securitized mortgages. In the wave of cases arising from the credit crisis related to residential mortgage-backed securities (RMBS), Cornerstone Research staff have worked with academic experts to analyze the factors driving mortgage defaults. In these cases, allegations center on claims that RMBS issuers, sponsors, and underwriters failed to disclose or misrepresented information regarding the quality and characteristics of the securitized mortgages. Plaintiffs claimed that, as a result, they incurred losses on their RMBS investments when mortgage borrowers defaulted. In conjunction with academic experts, Cornerstone Research has applied sophisticated econometric models to determine the primar

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