Isaac Gradman
My blogs
| Gender | Male |
|---|---|
| Industry | Law |
| Occupation | Attorney |
| Location | San Francisco, California, United States |
| Introduction | I am an independent attorney, book editor and the Managing Member of IMG Enterprises, based in Petaluma, CA. I was involved in some of the earliest litigation arising from the subprime mortgage crisis. While at Howard Rice, I represented PMI Mortgage Insurance Co., the second largest mortgage insurer in the country, in a suit against originator WMC Mortgage Corp. (and its parent, GE Money Bank), over misrepresentations relating to a $1 billion pool of subprime mortgages. This was one of the first actions of its kind. I also defended PMI in an action by IndyMac Bank in the Northern District of California, in which IndyMac challenged PMI's rescission of coverage as to a pool of over 6,000 loans for which IndyMac had refused to turn over loan files. I continue to consult on issues stemming from this crisis, including rep and warranty violations, chain of title issues, and mortgage putback liability. I received my B.A. in Political and Social Thought with Highest Distinction from UVA and my J.D. cum laude from N.Y.U. School of Law. Prior to starting at Howard Rice, I clerked for the Hon. Joan Lenard in the Southern District of Florida. |