The mortgage debacle and loan modifications
Abstract: In today's increasingly sophisticated financial markets, loan modifications are often complex processes that involve multiple players with competing legal and financial interests. To better understand loan modifications, the Federal Reserve Bank of Cleveland hosted a one-day workshop in November 2007 featuring four financial and legal experts - Tony Saunders from Arizona State University, Steven Schwarcz from Duke University, Joseph Mason from Louisiana State University, and Kathleen Engel from Cleveland State University - who shared their knowledge and recommendations for possible solutions to the mortgage lending debacle.
Keywords: Mortgage loans;
File(s): File format is application/pdf https://fraser.stlouisfed.org/scribd/?item_id=500314&filepath=/docs/historical/frbclev/crreport/frbclv_crreport_20080930.pdf
Provider: Federal Reserve Bank of Cleveland
Part of Series: Community Reinvestment Report
Publication Date: 2008