Policy & Legislation
HIGHLIGHT
During the years that led up to the subprime mortgage crisis, Congress was notably passive in dealing with the proliferation of abuses that flourished in a reckless lending environment. The foreclosure crisis that triggered today’s economic problems underscores the need for sensible regulations and protections. Today there are many reforms being weighed and balanced in Washington and in the states. Here we help you keep abreast of proposed policies and their pros and cons.
Search Mortgage Policy & Legislation
Browse Mortgage Policy & Legislation
- Reducing Foreclosures without Cost to Taxpayers
January 23, 2009Overview and endorsement of The Helping Families Save Their Homes in Bankruptcy Act of 2009 (S 61 and HR 200)
- Key Tool for Stabilizing the Housing Market
January 23, 2009Report advocates the use of court-supervised loan modifications in bankruptcy
- The Second S&L Scandal
January 21, 2009How OTS allowed reckless and unfair lending to fleece homeowners and cripple the nation’s savings and loan industry.
- Priorities for the Next Administration: Use of TARP Funds under EESA
January 13, 2009Michael D. Calhoun, President, CRL
- Nationstar Mortgage, LLC v. Willie E. Knox and Linda M. Knox
December 22, 2008CRL's brief on behalf of the appellees in Nationstar Mortgage, LLC v. Knox. CRL represents Mississippi homeowners whose mortgage lender sought a federal court order staying the homeowners' state court predatory lending lawsuit in this appeal before the U.S. Court of Appeals for the 5th Circuit. The district court refused to order the stay pursuant to the federal Anti-Arbitration Act.
- Federal courts cannot order halts in state court predatory lending lawsuits
December 22, 2008CRL's brief on behalf of the appellees in Nationstar Mortgage, LLC v. Knox. CRL represents Mississippi homeowners whose mortgage lender sought a federal court order staying the homeowners' state court predatory lending lawsuit in this appeal before the U.S. Court of Appeals for the 5th Circuit. The district court refused to order the stay pursuant to the federal Anti-Arbitration Act.
- Experts Support Judicial Loan Modification
December 12, 2008List of quotes from experts in support of allowing bankruptcy judges discretion to modify terms of mortgage for a principle residence.
- The Way Ahead: A Framework for Policy Responses
December 9, 2008 - State & Local Foreclosure Prevention Policy Options
November 21, 2008Report summarizes state and local policy options for reducing foreclosures
- Helping Families Save Their Homes: The Role of Bankruptcy Law
November 19, 2008Testimony points to need for decisive policy actions to realign interests of homebuyers and institutions that provide the loans and the entities that invest in those mortgages
