Some Texas-based firms are gearing up to handle the subprime mortgage business to help Clients with the matters.
Speaking on Texas’ experience with the subprime-related matters to Texas Lawyer, Peter Weinstock was quoted saying: “Subprime hasn’t been as big a deal in Texas, because we didn’t have the run-up in real estate values.” “We’ve been growing our projects more in line with demographics,” he added.
Weinstock is a partner in the Texas office of Hunton & Williams LLP. His practice focuses on corporate and regulatory representation of small to mid-size financial institutions.