From Name:
From Email:
To Name:
To Email:

Optional Message:


The limits of securitization: Why bankruptcy courts should substantively consolidate predatory sub-prime mortgage originators and their special purpose entities

from Esq., CPA, Brackett & Ellis, PC, Ft. Worth, Texas

Originally published in 2008 MICH. ST. L. REV. 913

During 2007 and 2008, dozens of sub-prime mortgage lenders shut their doors and declared bankruptcy, fueling a global financial crisis centered on the United States housing market. The fallout of the sub-prime mortgage lending market has adversely impacted global credit markets, currency markets, as well as domestic and international stock markets. This global credit crunch is a byproduct of investor fears that nontraditional mortgages will suffer significant defaults, thus significantly increasing expected delinquency and foreclosure rates. Unfortunately, investors' greatest fears have come true. more


Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063