Helping Homeowners: Modification of Mortgages in Bankruptcy
Adam J. Levitin
Georgetown University Law Center
January, 23 2009
Harvard Law & Policy Review Online, Vol. 3, 2009
This short essay sets forth the case for permitting modification of all residential mortgages in bankruptcy as an important step in easing the foreclosure crisis, stabilizing the financial system, and protecting against systemic risk going forward.
Number of Pages in PDF File: 9
Keywords: bankruptcy, mortgages, securitization, systemic risk, foreclosure
JEL Classification: G21, G33
Date posted: January 24, 2009
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