Contifinancial Corporation

Contifinancial Corporation

 

KCO was retained as accountants and financial consultant to Jeffrey H. Beck, Liquidating Trustee of the CFN Liquidating Trust.  Conti Financial Corporation and its related subsidiaries (“Conti”) were engaged in the business of originating, selling, and securitizing “sub-prime” lending mortgage loans in the residential, commercial and auto industry.  Prior to the bankruptcy, Conti employed approximately 3,000 people nationally.   We are assisting the Liquidating Trustee and his team of professionals in litigation matters, forensic investigation, claims management, distributions to a creditor body which exceeded $1billion, tax compliance, and operational matters including asset identification, management of information systems and records retention.