Professor Eggert’s Article Received High Praise
June 4, 2009
Professor Kurt Eggert’s previous scholarship was recently revisited in the “Keeping Current” section of the magazine, under the subtopic, “Securitization and the Holder in Due Course Doctrine.” His article, “Held up in Due Course: Predatory Lending, Securitization, and the Holder in Due Course Doctrine,” was said by the editors to be “one of the most important and prescient law review articles in property in the last decade.” The editors also stated, “If Congress, or other powerful players such as the government sponsored entities, had acted swiftly on Eggert’s recommendation, perhaps the worst of the sub prime lending that occurred over the next four years — and the financial ruin it spawned – might have been avoided. Sadly, Congress never paid any attention to Eggert’s plea. Just as sadly, American property scholars hardly paid much attention either.”