Issue Brief: Overcoming Legal Barriers to the Bulk Sale of At-Risk Mortgages
Report
![Rep. Barney Frank (D-MA), takes questions on April 15, 2008 and says that efforts to let bankruptcy judges rewrite mortgages for strapped borrowers will not make it through Congress this year. (AP/J. Scott Applewhite)]()
Issue Brief: Overcoming Legal Barriers to the Bulk Sale of At-Risk Mortgages
Selling loans and loan pools to new owners would help stabilize housing prices, write Michael Barr and James A. Feldman.