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 Sanjiv Das : Lenders Should Forgive, Not Forsake, Mortgages : DS News.com

Wednesday, Feb. 10, 2010

A new study by Sanjiv Das, chair of the Finance Department in the Leavey School of Business, finds that trimming mortgage principal is better assurance that homeowners will continue their payments and not re-default on a modified loan. The idea has been picked up by one group of mortgage investors who are lobbying Congress to pass legislation to facilitate such write-downs. The article appears in DSNews.com, a trade news site for those serving the mortgage default servicing industry. Read the article >>

View Professor Das' bio here >>

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