ADAM LEVITIN: Before The Senate Banking Committee "Housing Finance Reform: Should There Be a Government Guarantee?"

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ADAM LEVITIN: Before The Senate Banking Committee “Housing Finance Reform: Should There Be a Government Guarantee?”

ADAM LEVITIN: Before The Senate Banking Committee “Housing Finance Reform: Should There Be a Government Guarantee?”

Written Testimony of
Adam J. Levitin
Professor of Law
Georgetown University Law Center

Before the Senate Committee on Banking, Housing, and Urban Affairs

“Housing Finance Reform: Should There Be a Government Guarantee?”

September 13, 2011

[ipaper docId=64899731 access_key=key-2kpgybvq7hyggpqgt1l7 height=600 width=600 /]

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One Response to “ADAM LEVITIN: Before The Senate Banking Committee “Housing Finance Reform: Should There Be a Government Guarantee?””

  1. Securitization has failed 5 TIMES since the 1870’s. It has always failed on the basis of POOR UNDERWRITING and FRAUD by the banks themselves…. Garbage in – garbage out.

    Read part 3 of Prof Levitin’s comments before the committee for proof. The banks are responsible for our current crash. They should be punished, not paid off with taxpayer money.

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