, committed to pay the mortgage holders the full values of their homes, and retained those homes. In Nobelman, the Court … of their houses, lease the houses for one year, file bankruptcy, and propose mortgage modification plans that pay … mortgage holders the full current values of the houses. This Article argues that despite the artificiality of a move-out with …

. Politicians and commentators often use this explanation to argue that the foreclosure crisis is the result of regulations that … facilitate mortgage access to minorities. Alternatively, lenders could have unfairly forced borrowers from minority areas into …. Holding loan cost constant, I find that foreclosure is lower in minority areas. This evidence is consistent with lenders …

modifications specifically targeted to mortgage relief? The 2007–2012 financial crisis provides a unique opportunity to assess … whether bankruptcy can help homeowners avoid the negative consequences of over-indebtedness and mortgage default. This … empirical study analyzes a large, loan-level mortgage dataset to determine which variables are associated with delinquency and …

The economic destruction of the foreclosure crisis and the Great Recession included not only the 4.5 million families … foreclosure crisis and Great Recession …