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Helping Homeowners: Modification of Mortgages in Bankruptcy

Harvard Law & Policy Review Online, Vol. 3, 2009

9 Pages Posted: 24 Jan 2009  

Adam J. Levitin

Georgetown University Law Center

Date Written: January, 23 2009

Abstract

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.

Keywords: bankruptcy, mortgages, securitization, systemic risk, foreclosure

JEL Classification: G21, G33

Suggested Citation

Levitin, Adam J., Helping Homeowners: Modification of Mortgages in Bankruptcy (January, 23 2009). Harvard Law & Policy Review Online, Vol. 3, 2009. Available at SSRN: https://ssrn.com/abstract=1332213

Adam Levitin (Contact Author)

Georgetown University Law Center ( email )

600 New Jersey Avenue, NW
Washington, DC 20001
United States

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