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Report: Bankruptcy reforms spurred mortgage crisis (access required)

By: Kimberly Atkins
Published: May 13, 2010

Tags: , ,

WASHINGTON - Bankruptcy law reforms enacted in 2005 were a major factor in the ensuing mortgage crisis and current recession, according to a recently released report by a team of economists. The report, published by the National Bureau of Economic Research and entitled "Did Bankruptcy Reform Cause Mortgage Default to Rise?" asserts that the reforms, which ...
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