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Street. They called it foreclosure fraud: millions of families were kicked out of their homes based on false evidence by … mortgage companies that had no legal right to foreclose. Lisa Epstein, Michael Redman, and Lynn Szymoniak did not work in … government or law enforcement. They had no history of anticorporate activism. Instead they were all foreclosure victims, and …
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of such systems in providing certainty of title, and takes a tour through the mortgage foreclosure crisis to see where …
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, 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 …
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This paper introduces a dynamic general equilibrium model to study how the distribution of leverage and foreclosure … affect house prices.The model shows how foreclosure sales, through their effect on housing supply, amplify and propagate … leverage plays a key role in foreclosure, a regulator can reduce systemic risk by placing a cap on leverage. Counterfactual …
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excessive number both of foreclosed homes and homes awaiting foreclosure in the shadow housing inventory. Foreclosure prevention … loan modification experience post-2008 yielded four main lessons about the best way to optimize foreclosure prevention …
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