Relevant:
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- Debate might give new life to mortgage cramdown legislation
2012-08-31 — creditslips.org
Joshua Goodman at the Harvard Kennedy School and I have a new paper out examining the impact of Chapter 13 cramdown on the cost and availability of mortgage credit. Â Historically, when cramdown was permitted in some judicial districts prior to 1993 it was associated with a statistically significant, if small, increase in the cost of credit. Here's
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