Tag: foreclosure crisis

  • Adam Levitin awarded the Young Scholar’s Medal of the American Law Institute

    Posted by

    Jean Braucher

    Congrats to Credit Slip’s Adam Levitin for winning a prestigious honor! Of course, this award is well deserved.

    The American Law Institute announced today that Adam Levitin of Georgetown Law Center has been awarded its Young Scholar’s Medal.  ALI says that this honor is “designed to recognize early-career law professors whose work is relevant to the real world and has the potential to influence improvements in the law.”

    William Treanor, Dean of Georgetown Law Center, said: "Professor Levitin's work not only has the potential to improve American law, it already has influenced improvements in law in multiple areas across the financial sector."

    Justice Goodwin Liu of the California Supreme Court, who chaired the Young Scholars Medal Selection Committee, said, "Professor Levitin's work on the recent financial crisis has helped to guide lawmakers in the areas of housing finance and bank regulation."

    (more…)

  • Lose Your Home, Lose Your Vote

    Posted by

    Elizabeth Warren

    With both political parties are focused on Michigan this fall, high foreclosure rates and the neighborhood fallout from those foreclosures are likely to become a political issue.  The GOP has announced a new way to deal with the problem: challenge the voting eligibility of people whose homes have been posted for foreclosure.  Evidently the GOP thinks those people are more likely to vote Democratic, so it can neutralize the impact of a sour housing market by barring votes from those who are losing their homes.

    It isn’t clear from the report whether the challenge is based on posted foreclosures or homes that have already been transferred from the homeowner. Presumably the challenge is based on no longer living in the area.  Depending on how the list is constructed, this means challenging some larger or smaller number of people who are in financial trouble, but who are in their homes and are certainly eligible to vote in their local precincts.

    (more…)