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Key exemptions in the Dodd-Frank Act allowed lenders to securitize risky mortgages In 2011, in an effort designed to prevent a repeat of the often times shoddy underwriting practices that were pervasive during the years leading up to the current mortgage crisis, the Federal Deposit Insurance Corporation and the Federal Reserve proposed a rule under the Dodd-Frank Act requiring lenders to retain some risk related to the loans they securitize. Under the rule, these…
Last summer, I worked on a research assignment for Phil Stein for some mortgage repurchase cases the firm was working on at the time. This summer, my work on these kinds of cases continued. Not only did I get to work with Phil again on another research project, but I am also currently working with Bob Siegel on a similar matter.  Bilzin Sumberg is uniquely positioned to represent loan originators across the country against loan…
This summer has provided me with many ‘firsts.’  In the last few weeks, I have had the chance to sit in on an arbitration meeting, a deposition, and a style presentation, all for the first time. My first ‘first’ was a Tag Along with Marty Steinberg and Melissa Pallett-Vasquez to an arbitration status conference. I have taken a few classes in law school that have focused on arbitration as an alternative dispute resolution mechanism, so it was an exciting opportunity to see…
  It is that time of year again! The Bilzin Sumberg Summer Associates are back to inform and entertain you with our blog posts. Members of the original cast (Amy, David, Kyle, Michael, and Shalia) are preparing for the Florida Bar Exam and we wish them the best of luck. I am back for my second summer with a new set of spectacular summer associates: Carly, Eryca, Naomi, Adam, and Om.  We are all…
Miami has recently become home to a state-of-the-art baseball stadium, Marlins Park, which hosts up to 37,000 people and includes a retractable roof to shield fans from inclement weather. A stadium fit for the Magic City, the stadium features a fish tank behind home plate and a pool bar brought to baseball lovers by The Clevelander. Last night, we had the chance to see the stadium in all of its glory when the…
King Lear, My Fair Lady, Hootie & the Blowfish. Although these three things probably have very little to do with each other, they were each noted last night when the summer associate class, thanks to Amy Podolsky’s suggestion, decided to partake in trivia night at Fado in Mary Brickell Village after work. Although we spend time together at the office, from working side-by-side for projects to lunches and firm events, it has…
During orientation, we were told to seek out opportunities to meet with as many attorneys at the firm as possible. We were encouraged to invite attorneys to lunch. Four weeks later, no one in the summer associate class has ever had lunch by themselves because, although we have been reaching out individually and as a group, attorneys at the firm have been extremely welcoming and have sought us out. Lunch is a great opportunity to ask valuable…
After a wonderful beginning to the first week of work, the Summer Associates attended the firm’s annual dinner party on Saturday. The party was at The Cruz Building in Coconut Grove, a unique venue inspired by New Orleans architecture (some of the fixtures were even salvaged from New Orleans after Hurricane Katrina).  Upon entering the space, I was struck by the beautiful stained-glass windows, marble staircases, and antique chandeliers. As noted by John Sumberg in his opening remarks, Jessica…