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Adam J. Levitin

Professor of Law

A.B., Harvard; A.M., M.Phil., Columbia; J.D., Harvard

Areas of Expertise:

Banking and Finance, Bankruptcy Law, Commercial Law, Consumer Protection, Contracts

Professor Levitin specializes in bankruptcy, commercial law, and financial regulation. His research focuses on consumer and housing finance, payments, and debt restructuring. Professor Levitin has...

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Professor Levitin specializes in bankruptcy, commercial law, and financial regulation. His research focuses on consumer and housing finance, payments, and debt restructuring.

Professor Levitin has previously served as the Bruce W. Nichols Visiting Professor of Law at Harvard Law School, as the Robert Zinman Scholar in Residence at the American Bankruptcy Institute, as Special Counsel to the Congressional Oversight Panel for the Troubled Asset Relief Program, and on the Consumer Financial Protection Bureau's Consumer Advisory Board. Before joining Georgetown faculty, Professor Levitin practiced in the Business Finance & Restructuring Department of Weil, Gotshal, & Manges, LLP and served as law clerk to the Honorable Jane R. Roth on the United States Court of Appeals for the Third Circuit. 

Professor Levitin holds a J.D. from Harvard Law School, an M.Phil and an A.M. from Columbia University, and an A.B. from Harvard College. His scholarship has won several awards, including the American Law Institute’s Young Scholar’s Medal.

Featured Scholarship

  • Adam Levitin & William W. Bratton, A Transactional Genealogy of Scandal: From Michael Milken to Enron to Goldman Sachs, 86 S. Cal. L. Rev. 783-868 (2013).    [HEIN] [W] [SSRN]
  • Adam Levitin & Susan M. Wachter, Why Housing?, 23 Hous. Pol'y Debate 5-27 (2013).    [SSRN]
  • Adam Levitin & Susan M. Wachter, The Public Option in Housing Finance, 46 U.C. Davis L. Rev. 1111-1173 (2013).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin, Bankrupt Politics and the Politics of Bankruptcy, 97 Cornell L. Rev. 1399-1459 (2012).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin & Joshua Goodman, Bankruptcy Law and the Cost of Credit: The Impact of Cramdown on Mortgage Interest Rates, 57 J.L. & Econ. 139-158 (2014).    [W] [SSRN]
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All Scholarship 2005 - Present

Forthcoming Works and Works in Progress

  • Adam Levitin, Consumer Finance: Law, Business, and Economics (Wolters Kluwer forthcoming).   
  • Adam Levitin & Susan M. Wachter, The Bubble: The Rise and Fall of the American Housing Market (Harvard University Press forthcoming).   
  • Adam Levitin & William W. Bratton, The New Bond Workouts, (working paper).    [SSRN]
  • Adam Levitin, Pandora's Digital Box: The Promise and Perils of Digital Wallets, 166 U. Penn. L. Rev. (forthcoming).    [SSRN]
  • Adam Levitin, An Analysis of the Proposed Interchange Fee Litigation Settlement, (working paper).    [SSRN]
  • Adam Levitin, Clearing the Mortgage Market Through Principal Reduction: A Bad Bank for Housing (RTC 2.0), (working paper).    [WWW]
  • Adam Levitin, Public-Private Competition in Payments: The Role of the Federal Reserve, (working paper).    [SSRN]
  • Adam Levitin, A Critique of the American Bankers Association's Study on Credit Card Regulation, (working paper).    [SSRN] [WWW]
  • Adam Levitin & Joshua Goodman, The Effects of Bankruptcy Strip-Down on Mortgage Interest Rates: Summary of Initial Findings, (working paper).    [Gtown Law]
  • Adam Levitin, Rough Justice? The Nature and Limits of Equitable Subordination, (working paper).    [SSRN]

Books

  • Adam Levitin, Business Bankruptcy: Financial Restructuring and Modern Commercial Markets (New York: Wolters Kluwer 2016).   
  • Adam Levitin, Lauren K. Saunders, Margot Saunders, Cathy Lesser Mansfield & Mark Budnitz, Consumer Banking and Payments Law: Bank Accounts; Remittances; Money Orders; Prepaid Cards; Electronic Benefit Payments; Electronic Records and Signatures (Boston: National Consumer Law Center 5th ed. 2013).    [BOOK]

Contributions to Law Reviews and Other Scholarly Journals

  • Adam Levitin, Safe Banking: Finance and Democracy, 83 U. Chi. L. Rev. 357-455 (2016).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin, Prioritization and Mutualization: Clearinghouses and the Redundancy of the Bankruptcy Safe Harbors, 10 Brook. J. Corp. Fin. & Com. L. 129-154 (2015).    [W] [SSRN] [WWW]
  • Adam Levitin & Susan M. Watcher, Second Liens and the Leverage Option, 68 Vand. L. Rev. 1243-1294 (2015).    [HEIN] [W] [WWW]
  • Adam Levitin, A Lawyer and Partner, and Also Bankrupt . . . for Reasons that Have Nothing To Do with Being a Non-Equity Partner . . ., 4 J.L. (4 The Post) 93-97 (2014).    [HEIN] [W] [WWW]
  • Adam Levitin & Joshua Goodman, Bankruptcy Law and the Cost of Credit: The Impact of Cramdown on Mortgage Interest Rates, 57 J.L. & Econ. 139-158 (2014).    [W] [SSRN]
  • Adam Levitin, The Politics of Financial Regulation and the Regulation of Financial Politics: A Review Essay, 127 Harv. L. Rev. 1991-2068 (2014) (reviewing Anat Admati & Martin Hellwig, The Bankers' New Clothes (2013), Sheila Bair, Bull by the Horns (2012), Neil Barofsky, Bailout (2012), Ben S. Bernanke, The Federal Reserve and the Financial Crisis (2013), Alan S. Blinder, After the Music Stopped (2013) & Jeff Connaughton, The Payoff (2012)).    [HEIN] [W] [WWW]
  • Adam Levitin & William W. Bratton, A Transactional Genealogy of Scandal: From Michael Milken to Enron to Goldman Sachs, 86 S. Cal. L. Rev. 783-868 (2013).    [HEIN] [W] [SSRN]
  • Adam Levitin, Response: The Tenuous Case for Derivatives Clearinghouses, 101 Geo. L.J. 445-466 (2013).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin, Skin-in-the-Game: Risk Retention Lessons from Credit Card Securitization, 81 Geo. Wash. L. Rev. 813-855 (2013).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin & Susan M. Wachter, The Commercial Real Estate Bubble, 3 Harv. Bus. L. Rev. 83-118 (2013).    [SSRN] [WWW]
  • Adam Levitin, The Consumer Financial Protection Bureau: An Introduction, 32 Rev. Banking & Fin. L. 321-369 (2013).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin, The Paper Chase: Securitization, Foreclosure, and the Uncertainty of Mortgage Title, 63 Duke L.J. 637-734 (2013).    [HEIN] [W] [WWW]
  • Adam Levitin & Susan M. Wachter, The Public Option in Housing Finance, 46 U.C. Davis L. Rev. 1111-1173 (2013).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin, Bankrupt Politics and the Politics of Bankruptcy, 97 Cornell L. Rev. 1399-1459 (2012).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin & Susan M. Wachter, Explaining the Housing Bubble, 100 Geo. L.J. 1177-1258 (2012).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin, Andrey D. Pavlov & Susan M. Wachter, The Dodd-Frank Act and Housing Finance: Can It Restore Private Risk Capital to the Securitization Market?, 29 Yale J. on Reg. 155-180 (2012).    [HEIN] [W] [SSRN]
  • Adam Levitin & Susan M. Wachter, What's Next for Housing Finance, Wharton Real Est. Rev., Spring 2012.    [WWW]
  • Adam Levitin, In Defense of Bailouts, 99 Geo. L.J. 435-514 (2011).    [HEIN] [W] [SSRN]
  • Adam Levitin & Tara Twomey, Mortgage Servicing, 28 Yale J. on Reg. 1-90 (2011).    [HEIN] [W] [SSRN] [Gtown Law]
  • Adam Levitin, Rate-Jacking: Risk-Based and Opportunistic Pricing in Credit Cards, 2011 Utah L. Rev. 339-367 (2011).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin, Back to the Future with Chapter 13: A Response to Professor Scarberry, 37 Pepp. L. Rev. 1261-1276 (2010).    [HEIN] [W]
  • Adam Levitin, Private Disordering?: Payment Card Fraud Liability Rules, 5 Brook. J. Corp. Fin. & Com. L. 1-48 (2010).    [HEIN] [W] [SSRN] [Gtown Law]
  • Adam Levitin, Bankruptcy Markets: Making Sense of Claims Trading, 4 Brook. J. Corp. Fin. & Com. L. 64-109 (2010).    [W] [SSRN] [Gtown Law]
  • Adam Levitin, Helping Homeowners: Modification of Mortgages in Bankruptcy, 3 Harv. L. & Pol'y Rev. Online (2009).    [SSRN] [WWW]
  • Adam Levitin, Remote Deposit Capture: A Legal and Transactional Overview, 126 Banking L.J. 115-122 (2009).    [HEIN] [W] [SSRN]
  • Adam Levitin & Anna Gelpern, Rewriting Frankenstein Contracts: Workout Prohibitions in Residential Mortgage-Backed Securities, 82 S. Cal. L. Rev. 1075-1152 (2009).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin, Susan M. Wachter & Andrey D. Pavlov, Bad and Good Securitization, Wharton Real Est. Rev., Fall 2009, at 23-34.   
  • Adam Levitin, The Crisis Without a Face: Emerging Narratives of the Financial Crisis, 63 U. Miami L. Rev. 999-1010 (2009).    [HEIN] [W] [SSRN]
  • Adam Levitin, Hydraulic Regulation: Regulating Credit Markets Upstream, 26 Yale J. on Reg. 143-227 (2009).    [HEIN] [W] [SSRN]
  • Adam Levitin, Resolving the Foreclosure Crisis: Modification of Mortgages in Bankruptcy, 2009 Wis. L. Rev. 565-655.    [HEIN] [W] [SSRN] [Gtown Law]
  • Adam Levitin, Priceless? The Social Costs of Credit Card Merchant Restraints, 45 Harv. J. on Legis. 1-58 (2008).    [HEIN] [W] [SSRN] [WWW]
  • Adam Levitin, Priceless? The Economic Costs of Credit Card Merchant Restraints, 55 UCLA L. Rev. 1321-1405 (2008).    [HEIN] [W] [SSRN]
  • Adam Levitin, Finding Nemo: Rediscovering the Virtues of Negotiability in the Wake of Enron, 2007 Colum. Bus. L. Rev. 83-177.    [HEIN] [W] [SSRN]
  • Adam Levitin, Second Circuit Holds Compliance with Bankruptcy Code Priority Scheme is an Important Factor in Approving a Settlement, 124 Banking L.J. 824-832 (2007).    [HEIN] [W]
  • Adam Levitin, The Problematic Case for Incentive Compensation in Bankruptcy, 156 U. Pa. L. Rev. PENNumbra 88-101 (2007).    [HEIN] [W] [WWW]
  • Adam Levitin, Payment Wars: The Merchant-Bank Struggle for Control of Payment Systems, 12 Stan. J.L. Bus. & Fin. 425-485 (2007).    [HEIN] [W] [SSRN]
  • Adam Levitin, The Merchant-Bank Struggle for Control of Payment Systems, 17 J. Fin. Transformation 73-84 (2006).    [SSRN] [WWW]
  • Adam Levitin, Toward a Federal Common Law of Bankruptcy: Judicial Lawmaking in a Statutory Regime, 80 Am. Bankr. L.J. 1-87 (2006).    [HEIN] [W] [SSRN]
  • Adam Levitin, The Antitrust Super Bowl: America's Payment Systems, No-Surcharge Rules, and the Hidden Costs of Credit, 3 Berkeley Bus. L.J. 265-336 (2005).    [HEIN] [W] [SSRN]

Book Chapters and Collected Works

  • Adam Levitin, Commentary & General Discussion, The Economics of Retail Payments Security, in The Puzzle of Payments Security: Fitting the Pieces Together to Protect the Retail Payments System 69-87 (Kansas City, Mo.: Fed. Reserve Bank of Kansas City 2015).   
  • Adam Levitin & Janneke H. Ratcliffe, Rethinking Duties To Serve in Housing Finance, in Homeownership Built to Last: Balancing Access, Affordability, and Risk After the Housing Crisis 317-350 (Eric S. Belsky, Christopher E. Herbert & Jennifer H. Molinsky eds., D.C.: Brookings Institution 2014).    [BOOK]
  • Adam Levitin, Fiscal Federalism and the Limits of Bankruptcy, in When States Go Broke: The Origins, Context, and Solutions for the American States in Fiscal Crisis 214-228 (Peter Conti-Brown & David A. Skeel, Jr. eds., New York: Cambridge University Press 2012).    [BOOK]
  • Adam Levitin & Susan M. Wachter, Mortgage Market Regulation: North America, Entry, in International Encyclopedia of Housing and Home 403-409 (Susan J. Smith ed., Amsterdam, Neth.: Elsevier 2012).   
  • Adam Levitin & Susan M. Wachter, Mortgage Market, Character and Trends: United States, Entry, in International Encyclopedia of Housing and Home 492-500 (Susan J. Smith ed., Amsterdam, Neth.: Elsevier 2012).   
  • Adam Levitin & Susan M. Wachter, Regulation or Nationalization? Lessons Learned from the 2008 Financial Crisis, in Regulatory Breakdown? The Crisis of Confidence in U.S. Regulation 68-85 (Cary Coglianese ed., Phila., Pa.: University of Pennsylvania Press 2012).    [BOOK]
  • Adam Levitin & Susan M. Wachter, Information Failure and the U.S. Mortgage Crisis, in The American Mortgage System: Crisis and Reform 243-270 (Susan M. Wachter & Marvin M. Smith eds., Phila., Pa.: University of Pennsylvania Press 2011).    [SSRN] [BOOK]
  • Adam Levitin, Modification of Mortgages in Bankruptcy, in Lessons from the Financial Crisis: Causes, Consequences, & Our Economic Future 601-607 (Robert W. Kolb ed., Hoboken, N.J.: John Wiley & Sons 2010).    [BOOK]

U.S. Supreme Court Briefs

  • Brief of Amicus Curiae Professor Adam J. Levitin in Support of Petitioners, Expressions Hair Design v. Schneiderman, No. 15-1391 (U.S. Nov. 21, 2016).   
  • Brief of Housing Scholars as Amici Curiae in Support of Respondent, Bank of America Corp. v. City of Miami, Nos. 15-1111, 15-1112 (U.S. Oct. 7, 2016).   
  • Brief of Amicus Curiae Adam J. Levitin, Professor of Law in Support of Respondents, Bank of Am., N.A. v. Caulkett, Nos. 13-1421, 14-163 (U.S. Feb. 23, 2015).   

Congressional Testimony

  • Fostering Economic Growth: The Role of Financial Institutions in Local Communities: Hearing Before the S. Comm. on Banking, Hous. & Urban Aff., 115th Cong., June 8, 2017 (Statement of Adam J. Levitin) (CIS No.: Pending).    [WWW]
  • Making a Financial Choice: More Capital or More Government Control?: Hearing Before the H. Comm. on Fin. Servs., 114th Cong., July 12, 2016 (Statement of Adam Levitin) (CIS No.: Pending).    [WWW]
  • Preserving Consumer Choice and Financial Independence: Hearing Before the H. Comm. on Fin. Servs., 114th Cong., Mar. 18, 2015 (Statement of Adam Levitin) (CIS-No.: 2015-H371-31).    [WWW]
  • The Administrative State v. The Constitution: Dodd-Frank at Five Years: Hearing Before the Subcomm. on the Constitution of the S. Comm. of the Judiciary, 114th Cong., July 23, 2015 (Statement of Adam Levitin) (CIS-No.: Pending).    [WWW]
  • Guilty Until Proven Innocent? A Study of the Propriety & Legal Authority for the Justice Department’s Operation Choke Point: Hearing Before the Subcomm. on Regulatory Reform, Commercial & Antitrust Law of the H. Comm. on the Judiciary, 113th Cong., Jul. 17, 2014 (Statement of Adam Levitin) (CIS-No.: 2014-H521-79).    [WWW]
  • The Dodd-Frank Act’s Impact on Asset-Backed Securities: Hearing Before the Subcomm. on Capital Mkts. & Gov't Sponsored Enters. of the H. Comm. on Fin. Servs., 113th Cong., Feb. 26, 2014 (Statement of Adam Levitin) (CIS-No.: 2014-H371-32).    [WWW]
  • Housing Finance Reform: Fundamentals of a Functioning Private Label Mortgage Backed Securities Market: Hearing Before the S. Comm. on Banking, Hous. & Urban Aff., 113th Cong., Oct. 1, 2013 (Statement of Adam Levitin) (CIS-No.: 2014-S241-21).    [WWW]
  • Regulatory Landscape: Burdens on Small Financial Institutions: Hearing Before the Subcomm. on Investigations, Oversight & Regulations of the H. Comm. on Small Bus., 113th Cong., Dec. 3, 2013 (Statement of Adam Levitin) (CIS-No.: 2014-H721-6).    [WWW]
  • Investor Protection: The Need to Protect Investors from the Government: Hearing Before the Subcomm. on Capital Mkts. & Gov't Sponsored Enters. of the H. Comm. on Fin. Servs., 112th Cong., June 7, 2012 (Statement of Adam Levitin) (CIS-No.: 2012-H371-89).    [WWW]
  • Rising Regulatory Compliance Costs and Their Impact on the Health of Small Financial Institutions: Hearing Before the Subcomm. on Fin. Insts. & Consumer Credit of the H. Comm. on Fin. Servs., 112th Cong., May 9, 2012 (Statement of Adam Levitin) (CIS-No.: 2012-H371-77).    [WWW]
  • The Dodd-Frank Act's Effects on Financial Services Competition: Hearing Before the Subcomm. on Intellectual Prop., Competition & the Internet of the H. Comm. on the Judiciary, 112th Cong., July 10, 2012 (Statement of Adam Levitin) (CIS-No.: 2012-H521-130).    [WWW]
  • Enhanced Consumer Financial Protection After the Financial Crisis: Hearing Before the S. Comm. on Banking, Hous. & Urban Aff., 112th Cong., July 19, 2011 (Statement of Adam Levitin) (CIS-No.: 2012-S241-20).    [WWW]
  • H.R. 1697: The Communities First Act: Hearing Before the Subcomm. on Fin. Insts. & Consumer Credit and Subcomm. on Capital Mkts. & Gov't Sponsored Enters. of the H. Comm. on Fin. Servs., 112th Cong., Nov. 16, 2011 (Statement of Adam Levitin) (CIS-No.: 2012-H371-47).    [WWW]
  • Housing Finance Reform: Should There Be a Government Guarantee?: Hearing Before the S. Comm. on Banking, Hous. & Urban Aff., 112th Cong., Sept. 13, 2011 (Statement of Adam Levitin) (CIS-No.: 2012-S241-30).    [WWW]
  • Legislative Proposals to Improve the Structure of the Consumer Financial Protection Bureau: Hearing Before the Subcomm. on Fin. Insts. & Consumer Credit of the H. Comm. on Fin. Servs., 112th Cong., Apr. 6, 2011 (Statement of Adam Levitin) (CIS-No.: 2011-H371-88).    [WWW]
  • Open for Business: The Impact of the CFPB on Small Business: Hearing Before the Subcomm. on Investigations, Oversight & Regulations of the H. Comm. on Small Bus., 112th Cong., July 28, 2011 (Statement of Adam Levitin) (CIS-No.: 2012-H721-7).    [WWW]
  • Who’s Watching the Watchmen? Oversight of the Consumer Financial Protection Bureau: Hearing Before the Subcomm. on TARP, Fin. Servs. & Bailouts of Pub. & Private Programs of the H. Comm. on Oversight & Gov't Reform, 112th Cong., May 24, 2011 (Statement of Adam Levitin) (CIS-No.: 2012-H601-39).    [WWW]
  • Problems in Mortgage Servicing from Modification to Foreclosure: Hearing Before the S. Comm. on Banking, Hous. & Urban Aff., 111th Cong., Nov. 16, 2010 (Statement of Adam Levitin) (CIS-No.: 2011-S241-46).    [Gtown Law] [WWW]
  • Robo-Signing, Chain of Title, Loss Mitigation, and Other Issues in Mortgage Servicing: Hearing Before the Subcomm. on Hous. & Cmty. Opportunity of the H. Comm. on Fin. Servs., 111th Cong., Nov. 18, 2010 (Statement of Adam Levitin) (CIS-No.: 2011-H371-66).    [Gtown Law] [WWW]
  • Worsening Foreclosure Crisis: Is It Time to Reconsider Bankruptcy Reform?: Hearing Before the Subcomm. on Admin. Oversight & the Courts of the S. Comm. on the Judiciary, 111th Cong., July 23, 2009 (Statement of Adam Levitin) (CIS-No.: 2010-S521-38).    [Gtown Law]
  • Abusive Credit Card Practices and Bankruptcy: Hearing Before the Subcomm. on Admin. Oversight & the Cts. of the S. Comm. on the Judiciary, 111th Cong., Mar. 24, 2009 (Statement of Adam Levitin) (CIS-No.: 2010-S521-36).    [Gtown Law] [WWW]
  • Consumer Debt: Are Credit Cards Bankrupting Americans?: Hearing Before the Subcomm. on Com. & Admin. Law of the H. Comm. on the Judiciary, 111th Cong., Apr. 2, 2009 (Statement of Adam Levitin) (CIS-No.: 2009-H521-96).    [Gtown Law] [WWW]
  • Helping Families Save Their Homes in Bankruptcy Act of 2009, and the Emergency Homeownership and Equity Protection Act: Hearing Before the H. Comm. on the Judiciary, 111th Cong., Jan. 22, 2009 (Statement of Adam Levitin) (CIS-No.: 2009-H521-97).    [Gtown Law] [WWW]
  • Home Foreclosures: Will Voluntary Mortgage Modification Help Families Save Their Homes? (Part II): Hearing Before the Subcomm. on Commercial & Admin. Law of the H. Comm. on the Judiciary, 111th Cong., Dec. 11, 2009 (Statement of Adam Levitin) (CIS-No.: 2010-H521-57).    [WWW]
  • Modernizing Consumer Protection in the Financial Regulatory System: Strengthening Credit Card Protections: Hearing Before the S. Comm. on Banking, Hous. & Urban Aff., 111th Cong., Feb. 12, 2009 (Statement of Adam Levitin) (CIS-No.: 2009-S241-30).    [Gtown Law] [WWW]
  • Helping Families Save Their Homes: The Role of Bankruptcy Law: Hearing Before the S. Comm. on the Judiciary, 110th Cong., Nov. 19, 2008 (Statement of Adam Levitin) (CIS-No.: 2009-S521-60).    [Gtown Law]
  • The Credit Cardholders' Bill of Rights: Providing New Protections for Consumers: Hearing Before the Subcomm. on Fin. Inst. & Consumer Credit of the H. Comm. on Fin. Servs., 110th Cong., Mar. 13, 2008 (Statement of Adam Levitin) (CIS-No.: 2008-H371-46).    [Gtown Law]

Selected Contributions to Other Publications

  • Adam Levitin, Financial Choice Act: Unworkable, Am. Bankr. Inst. J., Aug. 2016, at 8, 62.    [W]
  • Adam Levitin, Georgetown Professor Testifies on Volcker Rule's Impact on CLOs, Am. Bankr. Inst. J., April 2014, at 10, 107.    [W]
  • Adam Levitin & Susan M. Wachter, Why Housing?, 23 Hous. Pol'y Debate 5-27 (2013).    [SSRN]
  • Adam Levitin, David A. Skeel, Jr. & Stephen J. Lubben, Is Government "Abusing" Lenders?, Am. Bankr. Inst. J., July 2012, at 10, 72-73.    [W]
  • Adam Levitin, Cross-Routing: PIN and Signature Debit Interchangeability Under the Durbin Amendment, Lydian J., Dec. 2010, at 16-24.    [WWW]
  • Adam Levitin, Interchange Regulation: Implications for Credit Unions, (Filene Res. Inst., Research Brief No. 224, 2010).   
  • Adam Levitin, Overdraft Regulation: A Silver Lining to the Clouds?, (Filene Res. Inst., Research Brief No. 211, 2010).   
  • Adam Levitin, The Credit C.A.R.D. Act: Opportunities and Challenges for Credit Unions, (Filene Res. Inst., Research Brief No. 202, 2009).   
  • Adam Levitin, The Consumer Financial Protection Agency, Am. Bankr. Inst. J., Oct. 2009, at 10, 66-68.    [W]
  • Adam Levitin, The Limits of Enron: Counterparty Risk in Bankruptcy Claims Trading, 15 J. Bankr. L . & Prac. 389-429 (2006).    [W] [SSRN]
Recent scholarship

In the News

"Equifax should be a public utility," in Bloomberg View, September 15, 2017, quoting Professor Adam Levitin.

"Bills Being Introduced to “Fix” Decision in Madden v. Midland," an opinion piece in Lend Academy, August 30, 2017 referencing a piece by Professor Adam Levitin.

"BankThink ‘Madden fix’ bills are a recipe for predatory lending," a piece by Professor Adam Levitin, in American Banker, August 28, 2017.

"CFPB Sets Up Summer Showdown Over Arbitration Rule," coverage by The National Law Journal, July 18, 2017, quoting Professor Adam Levitin. This story is also available on Law.com.

"NAFCU witness Grooms: 'The time to act is now' for reg relief," coverage by NAFCU, June 9, 2017, indicating that Professor Adam Levitin was also a witness before the Senate Banking Committee hearing, "Fostering Economic Growth: The Role of Financial Institutions in Local Communities." 

View all News

All News

"Equifax should be a public utility," in Bloomberg View, September 15, 2017, quoting Professor Adam Levitin.

"Bills Being Introduced to “Fix” Decision in Madden v. Midland," an opinion piece in Lend Academy, August 30, 2017 referencing a piece by Professor Adam Levitin.

"BankThink ‘Madden fix’ bills are a recipe for predatory lending," a piece by Professor Adam Levitin, in American Banker, August 28, 2017.

"CFPB Sets Up Summer Showdown Over Arbitration Rule," coverage by The National Law Journal, July 18, 2017, quoting Professor Adam Levitin. This story is also available on Law.com.

"NAFCU witness Grooms: 'The time to act is now' for reg relief," coverage by NAFCU, June 9, 2017, indicating that Professor Adam Levitin was also a witness before the Senate Banking Committee hearing, "Fostering Economic Growth: The Role of Financial Institutions in Local Communities." 

Professor Adam Levitin testified before the Committee on the Banking, Housing, and Urban Affairs, June 8, 2017, on Fostering Economic Growth: The Role of Financial Institutes in Local Communities. His written testimony can be found here.

U.S. Senate Committee on Banking, Housing, & Urban Affairs announced Professor Adam Levitin as a witness in the hearing on June 8, 2017 on Fostering Economic Growth: The Role of Financial Institutions in Local Communities.

"Senate Banking Committee Testimony," a piece by Professor Adam Levitin, in Credit Slips, June 7, 2017, indicating he would be giving testimony at the upcoming hearing on "“Fostering Economic Growth: The Role of Financial Institutions in Local Communities.”

"Why Richard Cordray is still on the job at the CFPB," coverage by MSNBC, April 20, 2017, mentioning Professor Adam Levitin.

"Why Trump Is Afraid to Fire the Consumer Watchdog He Wants Gone," coverage by The Fiscal Times, April 18, 2017, mentioning Professor Adam Levitin.

"Are We Better Off Curbing the Role of the Consumer Financial Protection Bureau?," an opinion piece by Professor Adam J. Levitin in The Wall Street Journal, March 18, 2017.

"Is It Too Late to Save the Consumer Financial Protection Bureau?" in 24/7 Wall St, March 3, 2017, quoting Professor Adam Levitin

"Is It Too Late to Save the Consumer Financial Protection Bureau?," coverage in 24/7 Wall St., March 3, 2017, featuring Professor Adam Levitin.

 "Jeb Hensarling's Alternative Facts," an opinion piece by Professor Adam Levitin, in Credit Slips, on February 14, 2017.  His piece is referenced in "Hensarling Is Wrong About the CFPB," by the Wall Street Journal, on February 16, 2017.

"The GOP's absurd crusade against consumer protection," coverage by The Week, January 27, 2017, quoting Professor Adam Levitin.

"Democratic AGs Fight To Keep Consumer Financial Protection Bureau Independent," coverage by WSHU Public Radio Group, January 24, 2017, quoting Professor Adam Levitin.

"Trump Team Signals It Will Oust CFPB's Cordray," coverage in National Mortgage News, January 12, 2017, featuring Professor Adam Levitin.

"What the CFPB ‘Commission’ Debate Is Really About," an opinion piece by Professor Adam J. Levitin, in the American Banker, December 29, 2016.

"The glory days of Elizabeth Warren's CFPB are numbered," coverage in The Frederick News-Post (MD), November 19, 2016, quoting Professor Adam Levitin.

"The Glory Days of Elizabeth Warren’s CFPB Are Numbered," coverage by Bloomberg News, November 17, 2016, quoting Professor Adam Levitin.

"With Trump’s Signature, Dozens of Obama’s Rules Could Fall," coverage by The New York Times, November 15, 2016, quoting Professor Adam Levitin.

"Trump plans to kill regulations 2-for-1," coverage by SNL, October 24, 2016, quoting Professor Adam Levitin.

"PHH v. CFPB: A Blessing in Disguise for the CFPB," a piece by Professor Adam Levitin, Credit Slips, October 14, 2016.

 

"A Court Ruled Against Elizabeth Warren’s Brainchild—and Saved It," coverage in the New Republic, October 12, 2016, quoting Professor Adam Levitin.

"Reaction to CFPB Ruling: Some Applaud, Some Object, Some Shrug; Ruling could potentially hand the next president power to remove the bureau's director at will," coverage by Wall Street Journal Pro, October 11, 2016, quoting Professor Adam Levitin.

"The Worst US Consumer Banks," coverage by 24/7 Wall Street, September 22, 2016, quoting Professor Adam Levitin.

"Week Ahead: House Panel to Debate Financial CHOICE Act," coverage by Bloomberg BNA, September 9, 2016, quoting Professor Adam Levitin.

"How Predatory Payday Lenders Plot to Fight Government Regulation," coverage in Vice, August 18, 2016, quoting Professor Adam Levitin.

"Are Community Banks Really Choking Because of Dodd-Frank?," coverage in Morning Consult, August 2, 2016, featuring Professor Adam Levitin.

"House Financial Services Committee Holds Hearing on Financial CHOICE Act," coverage by ACA International, July 13, 2016, quoting Professor Adam Levitin as a witness to the hearing.

"Fight Over Reform Bill Turns into Fight Over Capital Worldviews," coverage in the American Banker, July 12, 2016, featuring Professor Adam Levitin.

"Republican Dodd-Frank Replacement Plan Gets a Workout," coverage in Morning Consult, July 12, 2016, featuring Professor Adam Levitin.

"CHOICE Act Just Starting Point for Regulatory Overhaul," coverage in the Credit Union Times, July 12, 2016, featuring Professor Adam Levitin.

"Mark Warner says Donald Trump has 'bankrupt four separate businesses'," coverage in Politifact, July 11, 2016, featuring Professor Adam Levitin.

"Yep, Donald Trump's Companies Have Declared Bankruptcy...More than Four Times," coverage in Politifact, June 21, 2016, quoting Professor Adam Levitin.

"Yep, Donald Trump's Companies Have Declared Bankruptcy...More than Four Times," coverage in Politifact, June 21, 2016, quoting Professor Adam Levitin.

Digital Wallets: The Honor All Devices Rule,” a piece by Professor Adam Levitin, in Credit Slips, June 1, 2016. His piece is referenced in “US Mobile Payment Adoption Slower Than It Needs to Be: Card Network Rules and Technology Limitations Remain Biggest Barriers to Adoption According to The MAG,” PR Web, June 6, 2016.

Merchants Payments Coalition Refutes Faulty Swipe Fee Study,” coverage in NACSOnline, April 20, 2016, referencing Professor Adam J. Levitin.

"High Court Asks Administration to Weigh in on Predatory Lending Case," coverage in The Intercept, March 24, 2016, featuring Professor Adam Levitin.

"Hillary Clinton's Shadowy History With Shadow Banking," coverage by The Huffington Post, January 14, 2016, quoting Professor Adam Levitin.

Casino bill pits Reid against Warren,” coverage in The Hill, December 10, 2015, quoting Professor Adam Levitin.

Law Professors Ask Congress to Delay Changes in Debt Law,” coverage in The New York Times, December 8, 2015, featuring a letter to congress co-authored by Professor Adam Levitin.

"The Real Roots of the Rising Right," coverage by The New Republic, December 2, 2015, quoting Professor Adam Levitin.

"Why a Commission for CFPB May Be in Agency's Best Interest," coverage by American Banker, November 16, 2015, quoting Professor Adam Levitin

"Where's the Proof that Durbin Failed Consumers?," an opinion piece by Professor Adam Levitin in the American Banker, October 22, 2015. 

"The Banking Industry's Transparent Attempt to Weaken the CFPB," coverage in the Huffington Post, October 21, 2015, featuring Professor Adam Levitin.

"Who's Afraid of a Republican CFPB?," an opinion piece by Professor Adam Levitin in American Banker, October 16, 2015.

"Ethics complaint against Rep. Kevin Yoder alleges pay-for-play with payday loan industry," coverage by The Topeka Capital-Journal, October 9, 2015, quoting Professor Adam Levitin.

"The Examiners: Recalibrate the TIA for Today’s Debt Markets," an opinion piece by Professor Adam Levitin, in The Wall Street Journal, September 30, 2015.

"Why Apple Pay and other mobile wallet services could be regulated like banks," Christian Science Monitor, September 23, 2015, quoting Professor Adam Levitin.

"Juggling a Mortgage and a Student Loan: Can You Really Do Both?," The Street, September 22, 2015, quoting Professor Adam Levitin

"Fact-checking claims about Donald Trump's four bankruptcies," PolitiFact, September 21, 2015, quoting Professor Adam Levitin.

"Rick Perry Is a Trump Victim," coverage by Guardian Liberty Voice, September 13, 2015, quoting Professor Adam Levitin.

"The CFPB's Data Collection Is to Be Applauded," American Banker, Aug. 18, 2015, an article by Professor Adam Levitin

What Trump didn’t say about his four big business bankruptcies,” coverage by Washington Post, August 7, 2015, featuring Professor Adam Levitin.

"Pros and cons of five years of Dodd-Frank," Daily Record, August 2, 2015, quoting Professor Adam Levitin

Consumer protection: Why do Republicans hate the CFPB so much?,” coverage in Los Angeles Times, July 24, 2015, quoting Professor Adam J. Levitin.

Tipton: Federal red tape hurts small banks,” coverage by Durango Herald, July 23, 2015, mentioning Professor Adam J. Levitin.

Dodd-Frank turns 5 today — it's Obama's most underappreciated achievement,” coverage by Vox, July 21, 2015, quoting Professor Adam Levitin.

The Examiners: Discharge Private Student Loans, But Federal Loans Have Safety Net,” a commentary by Professor Adam Levitin in the Wall Street Journal, May 11, 2015.

"Why You Should Be Worried About The Mortgage Choice Act," coverage in The Chattanoogan, April 15, 2015, featuring Professor Adam Levitin.

"Supreme Court to rule on underwater loans," coverage in the Financial Times, March 24, 2015, quoting Professor Adam J. Levitin.

Why the Supreme Court Might Actually Rule Against the Corporate Interest,” coverage in New Republic, March 23, 2015, quoting Professor Adam J. Levitin.

"House Financial Services Prepares Banking Regulatory Relief Bill," coverage in Newsmax Finance, March 19, 2015, featuring Professor Adam Levitin.

"In an Era of Disclosure, an Excess of Sunshine but a Paucity of Rules," coverage in The New York Times DealBook, February 11, 2015, quoting Professor Adam Levitin.

An Excess of Sunshine, a Paucity of Rules,” coverage in The New York Times, February 11, 2015, quoting Professor Adam J. Levitin.

"Did Argentina 'Default'?," coverage in Economic and Political Weekly, January 24, 2014, quoting Professor Adam Levitin.

"Arbitration Tricks Consumers into Giving Up Their Rights," coverage in American Banker, January 22, 2015, featuring Professor Adam Levitin.

"Largest Unit Of Gambling Giant Caesars Files For Bankruptcy," coverage by NPR, January 15, 2015, interviewing Professor Adam Levitin.

"Can High-Cost Payday Loans Be Made ‘Affordable’ For Borrowers?," coverage in The Wall Street Journal, January 5, 2015, featuring Professor Adam Levitin.

"The future of Bitcoin: live twitter chat," coverage on CNN, December 15, 2014, featuring Professor Adam Levitin.

"The future of Bitcoin: live twitter chat," CNN, December 11, 2014, announcing the panel for a Twitter chat on Bitcoin, which includes Professor Adam Levitin.

"That Harvard Professor Who Raged Out at a Chinese Restaurant? He May Have Gotten the Law Wrong, Too," Slate, December 10, 2014, quoting Professor Adam Levitin.

"Elizabeth Warren's Latest Wall Street Attack Was Her Boldest Yet," New Republic, December 9, 1014, quoting Professor Adam Levitin.

"Taibbi: Ex-JP Morgan Lawyer With Smoking Gun on Mortgage Fraud Stymied by Holder Cover-Up," coverage by truthout, November 11, 2014, quoting Professor Adam Levitin.

"The Hole in Holder’s Legacy," an opinion piece in The New York Times, September 29, 2014, quoting Professor Adam Levitin.

"Are Wal-Mart and Apple poised to be regulated by the CFPB?," coverage in The Washington Post, September 25, 2014, featuring Professor Adam Levitin.

"Law professor thinks Apple turned self into a regulated financial institution," coverage in MarketWatch, September 11, 2014, featuring Professor Adam Levitin.

"$2,500 is a costly line in consumer lending," coverage in O.C. Register, August 22, 2014, quoting Professor Adam Levitin.

"Why Argentina’s Crazy Debt Gambit Could Make Sense,"  coverage in The Fiscal Times, August 22, 2014, featuring Professor Adam Levitin.

"Why Mortgage Lenders Have a Duty to Serve," coverage in National Mortgage News, August 21, 2014, reviewing Professor Adam Levitin's cowritten chapter in Homeownership Built to Last.

 "The Examiners: Adam Levitin on Argentina and Distressed Investors," a piece in The Wall Street Journal's Bankruptcy Beat, July 29, 2014, by Professor Adam Levitin.

"Could plan to offer financial services save Postal Service?" coverage in The Kansas City Star, July 23, 2014, quoting Professor Adam Levitin.

"Joe Nocera: Bankrupt Housing Policy," coverage in Ames Tribune, May 23, 2014, featuring Professor Adam Levitin.

"Bankrupt Housing Policy," coverage in The New York Times, May 19, 2014, featuring Professor Adam Levitin.

"Mandatory Arbitration Offers Bargain-Basement Justice," an article in American Banker, May 13, 2014, by Professor Adam Levitin.

"Bitcoin Is Legally Property: Says US IRS. Does That Kill It As A Currency?" coverage in The Guardian, March 31, 2014, features Georgetown Law professor Adam Levitin.

"Why Bitcoin Can No Longer Work as a Virtual Currency, in 1 Paragraph," coverage in The Atlantic, March 26, 2014, mentioning Professor Adam Levitin. He was also quoted in The Epoch Times, March 27, 2014.

"The Examiners: Adam Levitin on the Outlook for Corporate Restructuring," a piece in The Wall Street Journal (Bankruptcy Beat), March 26, 2014, written by Professor Adam Levitin.

"Appeals Court Upholds Current Fees On Debit Card Purchases," coverage in the The New York Times, March 21, 2014, quotes Professor Adam Levitin.

"The Tea Party and Wall Street Might Not Be Best Friends Forever, But they Are for Now," coverage in The New Republic, featuring Professor Adam Levitin, March 21, 2014.

"Fiscal Times: US War on Mortgage Fraud Is a Sham," coverage in Money News, featuring Professor Adam Levitin, March 17, 2014.

"A Loan Fraud War That’s Short on Combat," coverage in The New York Times, featuring Professor Adam Levitin, March 15, 2014.

"In Banking Overhaul Fight, A Ruckus Over An Obscure Product," coverage in The New York Times' Dealbook, March 5, 2014, features Professor Adam Levitin.

"Freedom execs' personal assets may be shielded," an article in the Charleston Gazette, February 17, 2014, quotes Professor Adam Levitin.

"FAQ: The Road Ahead for Postal Banking," American Banker, February 13, 2014, quoting Professor Adam Levitin. He wrote an earlier piece about postal banking in American Banker, January 31, 2014.

"Weekly Wrap: Bank of the U.S. Postal Agency; New School vs. Old School Banking," coverage in the American Banker, January 31, 2014, featuring Professor Adam Levitin.

"Make it harder for thieves to steal credit cards," Delawareonline, January 25, 2014, featuring Professor Adam J. Levitin

"Cyber attacks on U.S. merchants can be cut down," coverage by Philadelphia Daily News, January 21, 2014, featuring Professor Adam J. Levitin.

"Your Credit Card Has a Big Vulnerability that Banks Refuse to Fix," coverage in The New Republic, January 16, 2014, featuring Professor Adam Levitin.

"Consumer Watchdog Comes Out Swinging, But True Tests Lurk," coverage in the Boston Globe, January 11, 2014, featuring Professor Adam Levitin.

"Federal Consumer Agency Ponders Its Next Crusades," coverage in the New York Times, January 10, 2014, featuring Professor Adam Levitin.

"Robbing Illinois's Public Employees," The American Prospect, December 9, 2013, quoting Professor Adam Levitin

 "Last Witness Testifies Against $8.5 Billion BofA Deal," Reuters, November 14, 2013, coverage of the expert testimony of Professor Adam Levitin.

"How Bank-Defeated 'Plain Vanilla' Mortgage Requirements Live On," coverage in American Banker, November 1, 2013, quotes Professor Adam Levitin.

The Columbus Dispatch and Reuters reported on an opinion by U.S. District Court Judge Jed Rakoff that cites the scholarship of Professor Adam J. Levitin. The plaintiffs in the case were represented by Visiting Professor Brian Wolfman, Co-Director of Institute for Public Representation, and Adjunct Professor Deepak Gupta L'02.

"Republicans, Democrats agree Fannie Mae and Freddie Mac should go - but what's next?," in the Washington Examiner, July 25, 2013 featuring Professor Adam Levitin.

"Retailer Revolt Won't Kill $7.25 Billion Dollar Credit Card Fee Deal, Lead Lawyer Says," a post in the Minneapolis/St. Paul Business Journal Law Blog, June 3, 2013, featuring Professor Adam Levitin

"Judges Blame Banks for Foreclosure Slowdowns, but Some See Good in Delay," coverage in the Tampa Bay Times, June 1, 2013, featuring Professor Adam Levitin

"Fierce Battle Over Card Fees Goes On," coverage in the Minneapolis Star Tribune, November 30, 2012, featuring Professor Adam Levitin

"Barack Obama Can Absolutely Replace Ed DeMarco," a post in the Washington Post WONKBLOG, July 31, 2012, featuring Professor Adam Levitin.

Professor Adam Levitin testified about the Dodd-Frank Act's effects on financial services competition before the House Judiciary Committee, July 10, 2012.

"CFPB Suit Faces Long Odds, but May Still Have Impact," coverage in the American Banker, June 25, 2012, featuring Professor Adam Levitin.

"Top Massachusetts Court Limits Foreclosure Relief," coverage by Reuters, June 22, 2012, featuring Professor Adam Levitin.

"Massachusetts Foreclosure Ruling Disappoints Advocates," coverage by the Associated Press, June 22, 2012, featuring Professor Adam Levitin.

"Ruling Hands Banks Partial Victory," coverage in the Wall Street Journal, June 22, 2012, featuring Professor Adam Levitin.

"Investors Cry Foul Over Their Treatment in Mortgage Settlement," coverage in the American Banker, June 8, 2012, featuring Professor Adam Levitin.

"Bankruptcy Scholars Testify on Government and Investors," coverage by Dow Jones, June 7, 2012, featuring Professor Adam Levitin.

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