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Constitutional Constraints on Using Eminent Domain to Write-Down Underwater Mortgages

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dc.contributor.authorShelton, Jacob R.
dc.date.accessioned2020-09-04T19:34:56Z
dc.date.available2020-09-04T19:34:56Z
dc.date.issued2015-06-01
dc.description.abstractBeginning in 2007, the U.S. economy was hit with a series of damaging financial blows, the negative repercussions of which still affect Americans today. In years prior thereto, various economic and political factors worked in unison to artificially inflate the selling price of residential homes within many U.S. markets.1 When the market could stand no more inflation, the metaphorical bubble burst, sending the banking, investment, and mortgage industries into a downward tailspin.
dc.description.legacydownloadsShelton.pdf: 263 downloads, before Aug. 1, 2020.
dc.identifier.other7161737
dc.identifier.urihttps://hdl.handle.net/1813/70759
dc.language.isoen_US
dc.rightsRequired Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
dc.subjectCornell
dc.subjectreal estate
dc.subjectmortgage
dc.subjectunderwater mortgage
dc.subjectnegative equity
dc.subjecteminent domain
dc.subjectloan servicer
dc.subjectbank
dc.subjectlending
dc.subjectbanking
dc.subjectsupreme court
dc.subjectlaw
dc.subjecttakings law
dc.subjectberman midkiff
dc.subjectolson
dc.subjectkelo
dc.subjectsecuritization
dc.subjectestate
dc.subjectlegal
dc.subjectloan
dc.subjectmortgage-backed
dc.subjectvalue
dc.titleConstitutional Constraints on Using Eminent Domain to Write-Down Underwater Mortgages
dc.typearticle
schema.issueNumberVol.13

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CRER Vol. 13 (2015)