Foreclosed: Mortgage Servicing and the Hidden Architecture of Homeownership in America - Hardcover

Odinet, Christopher K.

 
9781108418706: Foreclosed: Mortgage Servicing and the Hidden Architecture of Homeownership in America
Hardcover
ISBN 10: 1108418708 ISBN 13: 9781108418706
Publisher: Cambridge University Press, 2019

Synopsis

In Foreclosed, Christopher K. Odinet gives voice to the stories of homeowners that have been neglected, particularly those facing foreclosure and deep financial distress. The book reveals the powerful and often invisible mortgage servicing industry, the tremendous discretionary power it wields over the housing lives of most Americans, and the servicing problems that still persist today. In doing so, it unveils a quiet and dangerous market shift in mortgage servicing - namely, an ongoing move toward a shadow banking sector where regulation is weak - that threatens the stability of our housing finance system. Ultimately, the book demonstrates how the law does not afford homeowners the protection most think and how regulation of these mortgage middlemen remains weak. Foreclosed should be read by anyone concerned with the state of housing and home ownership in the United States.

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About the Author

Christopher K. Odinet is an associate professor of law and an affiliate associate professor in entrepreneurship at the University of Oklahoma. Professor Odinet is a national expert on real estate law, mortgage finance, and consumer protection.

"About this title" may belong to another edition of this title.

Publisher
Cambridge University Press
Publication date
2019
Language
English
ISBN 10 
1108418708
ISBN 13 
9781108418706
Binding
Hardcover
Number of pages
230