Research & Analysis
HIGHLIGHT
Back in 2001, we estimated that predatory mortgage lending cost consumers $9.1 billion every year. Since then, the market for subprime home loans surged, then exploded, and it has become painfully clear that the total cost of bad lending practices is almost incalculable. Still, we keep trying. In recent years our research has focused on topics such as trends in the subprime market, racial disparities in lending, and an assessment of predatory lending laws in the states. Visit us often to stay up-to-date on our latest findings, including periodic assessments of reports issued by lenders and regulatory agencies.
- 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
- Priorities for the Next Administration: Use of TARP Funds under EESA
January 13, 2009Michael D. Calhoun, President, CRL
- Continued Decay and Shaky Repairs: The State of Subprime Loans Today
January 8, 2009Update on subprime mortgages and current crisis, focusing on loan performance and foreclosures.
- 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.
- 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
- Oversight of the Emergency Economic Stabilization Act: Examining Financial Institution Use of Funding Under the Capital Purchase Program
November 13, 2008Urges effective policies to maximize number of families who stay in their homes. Urges Treasury and Congress to support loan modifications
- Briefing on the Mortgage Crisis and Its Impact on the Economy
October 22, 2008Ellen Harnick advocates for court-supervised loan modifications through the bankruptcy courts
- Government Did Not Require Reckless Lending
October 22, 2008Contains list of sources that discuss how Wall Street initiated most of the reckless lending and Washington failed to stop them
