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House Swaps : A Strategic Bankruptcy Solution to the Foreclosure Crisis

LoPucki, Lynn M. - 2013

, 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 …

Persistent link: https://www.econbiz.de/10013085570

Zombie Mortgages, Real Estate, and the Fallout for the Survivors

Weber, David P. - 2014

Part I of this Article briefly explains the context and scope of the problem of zombie mortgages – mortgages that are in default but for which the lender refuses or fails to foreclose. Zombie mortgages saddle the record owner with ongoing tax and maintenance obligations which they may not be...

Persistent link: https://www.econbiz.de/10013061353

Housing real estate economics and finance

Li, Rita Yi Man - In: Journal of risk and financial management : JRFM 15 (2022) 3, pp. 1-3

Housing research is one of the hot topics in many countries. This paper provides a quick review of the housing economics research in the US, Sweden, Latvia, China, Corsica, and Italy published in this special issue. Bao and Shah studied the effects of home-sharing platforms in general and the...

Persistent link: https://www.econbiz.de/10013163696