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Can Bankruptcy Courts Limit Homeowner and Investor Losses?

As the Eastern District of Wisconsin Bankruptcy Court rolls out its version of Mortgage Modification Mediation.  The Senate Judiciary will hold a hearing tomorrow to evaluate the effectiveness of such programs.  Among those giving testimony will be Judge Robert Drain.  He heads the Loss Mitigation Program for the Southern District of New York.

The Senate Committee on the Judiciary has scheduled a hearing entitled “Foreclosure Mediation Programs: Can Bankruptcy Courts Limit Homeowner and Investor Losses?” for Tuesday, February 1, 2011 at 10:00 a.m. in Room 226 of the Dirksen Senate Office Building.

Senator Whitehouse to preside.

By order of the Chairman.

Witness List

Hearing before the
Senate Committee on the Judiciary

On

“Foreclosure Mediation Programs:
Can Bankruptcy Courts Limit Homeowner and Investor Losses?”

Tuesday, February 1, 2011
Dirksen Senate Office Building, Room 226
10:00 a.m.

The Honorable Robert Drain
United States Bankruptcy Judge
Southern District of New York

John Rao
Attorney
National Consumer Law Center
Boston, MA

Larry Britt
Homeowner
Riverside, RI

Dr. Anthony B. Sanders
Professor and Senior Scholar
The Mercatus Center
George Mason University
Fairfax, VA

Andrew M. Grossman
Visiting Legal Fellow
The Heritage Foundation
Washington, DC

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