The Mortgage Crisis: Government Intervention And Debtors Options

Main Article Content

Anand Shetty
Steven L. Kroleski

Keywords

mortgage, foreclosure, forebearance agreement, deed in lieu of foreclosure, bankruptcy, loan modification agreements, short sales

Abstract

The real estate market crash was a major contributor in creating the dismal global economic situation. The paper reviews the options of the homeowners in debt and the government’s actions to stimulate the real estate market.

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