We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan would address the major barriers that inhibit the ability of third-party servicers to modify mortgages the way portfolio lenders are now doing with greater success. The plan provides greater compensation for servicers to perform their duties, removes legal constraints that inhibit modification, and addresses critical second liens that often get in the way of effective mortgage modifications. Our plan has more modest costs than competing plans and is likely to be the most effective while still protecting the rights of investors in mortgage-backed securities
One of the many painful lessons learned from the mortgage crisis that began in 2007 is that foreclos...
For over a century, bankruptcy has been the primary legal mechanism for resolving consumer financial...
For over a century, bankruptcy has been the primary legal mechanism for resolving consumer financial...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
Delinquencies on residential mortgages and home foreclosures have risen dramatically in the past cou...
The number of modifications to distressed residential loans following the 2008 financial crisis has ...
A mortgagee can, through the device of a foreclosure sale, acquire a secured property for its own ac...
From 2007 through 2011, the United States housing market suffered a severe imbalance in supply and d...
From 2007 through 2011, the United States housing market suffered a severe imbalance in supply and d...
The housing crisis threatens to destroy hundreds of billions of dollars of value by causing homeowne...
This public policy brief presents a proposal, originally posted on the website of the Federal Reserv...
One of the many painful lessons learned from the mortgage crisis that began in 2007 is that foreclos...
For over a century, bankruptcy has been the primary legal mechanism for resolving consumer financial...
For over a century, bankruptcy has been the primary legal mechanism for resolving consumer financial...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
We propose a new three-pronged plan to address the recent harmful flood of foreclosures. Our plan wo...
Delinquencies on residential mortgages and home foreclosures have risen dramatically in the past cou...
The number of modifications to distressed residential loans following the 2008 financial crisis has ...
A mortgagee can, through the device of a foreclosure sale, acquire a secured property for its own ac...
From 2007 through 2011, the United States housing market suffered a severe imbalance in supply and d...
From 2007 through 2011, the United States housing market suffered a severe imbalance in supply and d...
The housing crisis threatens to destroy hundreds of billions of dollars of value by causing homeowne...
This public policy brief presents a proposal, originally posted on the website of the Federal Reserv...
One of the many painful lessons learned from the mortgage crisis that began in 2007 is that foreclos...
For over a century, bankruptcy has been the primary legal mechanism for resolving consumer financial...
For over a century, bankruptcy has been the primary legal mechanism for resolving consumer financial...