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Roundup of Recent Bankruptcy Scholarship
Another "Robo-Signer" Class Action Suit
Various "Robo-Signer" class action suits have been filed across the country. The case of Geoffrey Huber, et al. vs. ... Read full article
Observations on the South Florida Foreclosure Crisis
The mortgage foreclosure crisis in South Florida is far from resolved. I offer the following observations. ... Read full article
Professor Levitin Refutes the American Securitization Forum
The Supreme Court's Decision in Ransom
The U.S. Supreme Court issued its 8-1 decision in Ransom today. Justice Kagan wrote for the majority and Justice Scalia wrote a dissenting opinion. It is reported that this is Justice Kagan's first opinion. ... Read full article
Change in Miami-Dade Foreclosure Mediation Program
The Miami Herald reports today that the 11th Circuit Court, which includes Miami-Dade County, has made a change in the organization that has been managing the mortgage foreclosure mediation program since its initiation. It has replaced the Collins Center ... Read full article
Change in Miami-Dade Foreclosure Mediation Program
The Miami Herald reports today that the 11th Circuit Court, which includes Miami-Dade County, has made a change in the organization that has been managing the mortgage foreclosure mediation program since its initiation. It has replaced the Collins Center ... Read full article
From Where Will Help Come for Homeowners ?
Yesterday's New York Times has an article "For the Jobless, Little U.S. Help on Foreclosure". The article states or quotes those who suggest the following: ... Read full article
"Anatomy of a Financial Collapse"
On April 13, 2011, the United States Senate Permanent Subcommitte on Investigations, Committe on Homeland Security and Governmental Affairs issued its report "Wall Street and the Financial Crisis: Anatomy of a Financial Collapse." Jordan E. ... Read full article
FDIC's Blair: Millions of Foreclosures Could be "Infected"
The issues present in the many of the mortgages that are part of today's mortgage crisis have been much debated. It appears that there is much more yet to be debated or learned. In order to help resolve the mortgage crisis, many have urged mortgage ... Read full article
Bankruptcy Technical Corrections Act of 2010
On September 29, 2010, the House of Representatives passed H.R. 6198 , the "Bankruptcy Technical Correction Act of 2010" and referred it to the Senate Judiciary Committee. HR 6198 was introduced by Rep. John Conyers (D-MI) on September 23, 2010. ... Read full article
Improper HAMP Denials and Servicer Noncompliance - The GAO Report to Congress
Observations on the South Florida Foreclosure Crisis
The mortgage foreclosure crisis in South Florida is far from resolved. I offer the following observations. ... Read full article
Professor Levitin Refutes the American Securitization Forum
Yet More Congressional Hearings on Foreclosure Crisis
The House Committee on the Judiciary held a hearing on "Foreclosed Justice: Causes and Effects of the Foreclosure Crisis" today. Yesterday, the Senate Banking Committee held hearings on the foreclosure crisis. Further hearings are scheduled for ... Read full article
HAMP has "Failed to Make a Dent in the Foreclosure Crisis"
House Committee on Financial Services Hearing
The House of Representative's Committee on Financial Services held a hearing today on "Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing." Among the witnesses were: Mr. Adam Levitin, Associate Professor of ... Read full article
Insurer of Mortgage Backed Securities Sues Countrywide
A recent case provides some insight into the world of insurance obtained by subprime mortgage companies to back their mortgage backed securities. The insurance was purchased by the mortgage companies to enhance the credit worthiness of the mortgage-backed ... Read full article
Making Home Affordable Program Updates
April 27, 2010, hearings before the Senate Permanent Subcommittee on Investigations, "Wall Street and the Financial Crisis: The Role of Investment Bank" ... Read full article
