Matches in SemOpenAlex for { <https://semopenalex.org/work/W1540689916> ?p ?o ?g. }
Showing items 1 to 61 of
61
with 100 items per page.
- W1540689916 abstract "More than 5 million mortgages have gone into foreclosure since 2007, and an additional 8 to 13 million foreclosures are projected to follow before the current foreclosure crisis abates. Voluntary loan modification programs have failed to ameliorate the crisis, in large part because mortgage lending abuses and declining home values have left many borrowers stranded in under-water mortgages.This article endorses a targeted amendment to section 1322(b)(2) of the Bankruptcy Code that would allow bankruptcy judges to oversee the modification of residential mortgages written to borrowers during years when mortgage-lending abuses were most rampant. Part I of this Article examines existing Bankruptcy Code provisions that allow the modification of other types of loans and then traces the history of the existing statutory and case law that currently prevents borrowers from modifying the terms of most residential mortgages in bankruptcy. Part II describes legislation presently pending in Congress and explains why allowing home mortgages to be modified in chapter 13 bankruptcy offers an efficient and fair solution that not only allows borrowers to remain in their homes, but also benefits lenders and taxpayers. Part III considers and distinguishes the counterarguments offered by the mortgage banking industry. My conclusion is that allowing mortgages to be modified in chapter 13 plans offers distinct advantages to all parties. Accordingly, a time-limited amendment to section 1322(b)(2) would provide a simple and elegant mechanism for reducing the pain that the home mortgage crisis is causing to borrowers, communities, creditors, and the national economy." @default.
- W1540689916 created "2016-06-24" @default.
- W1540689916 creator A5085363735 @default.
- W1540689916 date "2010-06-15" @default.
- W1540689916 modified "2023-09-24" @default.
- W1540689916 title "Cutting the Gordian Knot: The Case for Allowing Modification of Home Mortgages in Bankruptcy" @default.
- W1540689916 hasPublicationYear "2010" @default.
- W1540689916 type Work @default.
- W1540689916 sameAs 1540689916 @default.
- W1540689916 citedByCount "0" @default.
- W1540689916 crossrefType "posted-content" @default.
- W1540689916 hasAuthorship W1540689916A5085363735 @default.
- W1540689916 hasConcept C10138342 @default.
- W1540689916 hasConcept C120527767 @default.
- W1540689916 hasConcept C144133560 @default.
- W1540689916 hasConcept C158129432 @default.
- W1540689916 hasConcept C159091798 @default.
- W1540689916 hasConcept C17744445 @default.
- W1540689916 hasConcept C199539241 @default.
- W1540689916 hasConcept C2776830614 @default.
- W1540689916 hasConcept C2777351106 @default.
- W1540689916 hasConcept C2777764128 @default.
- W1540689916 hasConcept C504631918 @default.
- W1540689916 hasConceptScore W1540689916C10138342 @default.
- W1540689916 hasConceptScore W1540689916C120527767 @default.
- W1540689916 hasConceptScore W1540689916C144133560 @default.
- W1540689916 hasConceptScore W1540689916C158129432 @default.
- W1540689916 hasConceptScore W1540689916C159091798 @default.
- W1540689916 hasConceptScore W1540689916C17744445 @default.
- W1540689916 hasConceptScore W1540689916C199539241 @default.
- W1540689916 hasConceptScore W1540689916C2776830614 @default.
- W1540689916 hasConceptScore W1540689916C2777351106 @default.
- W1540689916 hasConceptScore W1540689916C2777764128 @default.
- W1540689916 hasConceptScore W1540689916C504631918 @default.
- W1540689916 hasLocation W15406899161 @default.
- W1540689916 hasOpenAccess W1540689916 @default.
- W1540689916 hasPrimaryLocation W15406899161 @default.
- W1540689916 hasRelatedWork W1484996024 @default.
- W1540689916 hasRelatedWork W1510300751 @default.
- W1540689916 hasRelatedWork W1517691195 @default.
- W1540689916 hasRelatedWork W1523115492 @default.
- W1540689916 hasRelatedWork W1529389944 @default.
- W1540689916 hasRelatedWork W1585488049 @default.
- W1540689916 hasRelatedWork W1771775797 @default.
- W1540689916 hasRelatedWork W1779923411 @default.
- W1540689916 hasRelatedWork W2168157649 @default.
- W1540689916 hasRelatedWork W2272279288 @default.
- W1540689916 hasRelatedWork W2288129917 @default.
- W1540689916 hasRelatedWork W2301409973 @default.
- W1540689916 hasRelatedWork W2434292 @default.
- W1540689916 hasRelatedWork W2952867847 @default.
- W1540689916 hasRelatedWork W3121378979 @default.
- W1540689916 hasRelatedWork W3121684301 @default.
- W1540689916 hasRelatedWork W3122438334 @default.
- W1540689916 hasRelatedWork W3123134318 @default.
- W1540689916 hasRelatedWork W3123261653 @default.
- W1540689916 hasRelatedWork W3123728235 @default.
- W1540689916 isParatext "false" @default.
- W1540689916 isRetracted "false" @default.
- W1540689916 magId "1540689916" @default.
- W1540689916 workType "article" @default.