{"id":1165,"date":"2016-12-16T11:31:04","date_gmt":"2016-12-16T16:31:04","guid":{"rendered":"http:\/\/blogs.harvard.edu\/hlscasestudies\/?p=1165"},"modified":"2017-03-06T15:26:57","modified_gmt":"2017-03-06T20:26:57","slug":"new-product-mortgage-crisis-call","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2016\/12\/16\/new-product-mortgage-crisis-call\/","title":{"rendered":"New Product: Mortgage Crisis Call"},"content":{"rendered":"

\"Newspapers<\/p>\n

Image used under Creative Commons Licensing\u00a0<\/em><\/p>\n

The financial crisis of the late 2000\u2019s has just hit and more than 10 million homes have been foreclosed upon in the matter of a few years.<\/p>\n

The American public is outraged and demanding that politicians take action. Much of the blame for the crisis has fallen on banks, especially the five banks with the highest percentage of U.S. residential mortgages: Ally (formerly known as GMAC), Bank of America, Citi, JPMorgan Chase, and Wells Fargo (collectively known as \u201cThe Five\u201d). In an effort to hold The Five accountable, a multi-state working group comprised of all fifty state attorneys general, state Banking Commissioners, and the Department of Justice have decided to pursue action against them.<\/p>\n

Participants in Mortgage Crisis Call<\/a> play the roles of prominent attorneys general from around the country, including U.S. Attorney General Eric Holder, who are leading the charge to hold The Five accountable. This special committee is scheduled to hold a group phone call, the purpose of which is to agree on a strategy for addressing the banks. They will need to decide whether they want to pursue unified litigation, and if so, what form this will take.<\/p>\n

The call is an exercise in balancing competing interests and complex power dynamics in a multi-party negotiation. Each of the participants has a distinct set of interests, often enmeshed in their political calculations and their histories of working on this issue, and these interests come together in their attitudes about how to settle with The Five.<\/p>\n

Importantly, the exact role of each participant on the call is left up to the group. For a variety of reasons, several members of the special committee believe that it is their role to facilitate the call. Participants have an opportunity to explore the ways in which a facilitator or facilitators can shape a multi-party negotiation, particularly in a situation where there is no designated official facilitator. Moreover, it comes as a surprise to them to find out that there are in fact others who plan to facilitate. This element of surprise exacerbates power dynamics and heightens the need for clarity about roles and responsibilities on the call.<\/p>\n

Mortgage Crisis Call<\/a> is designed to be conducted as a conference call, giving students a chance to practice facilitating through that medium. The simulation can also be done as an in-person multi-party negotiation. The ideal group size is six participants to fill all six of the roles. It is also possible, though not ideal, to eliminate one or two of the non-Facilitator roles and run the simulation in groups of fewer than six participants. For a robust debrief, it is preferable to have at least two different groups negotiating the case. It is suggested that instructors allot 90 minutes for the negotiation and 60 minutes for debriefing. The Teaching Notes also help those new to the case design debriefs to ensure a rich learning experience.<\/p>\n

To download Mortgage Crisis Call<\/a>, visit\u00a0<\/em>HLS Case Studies<\/em><\/a>. Educators and staff of non-profit institutions are eligible to receive\u00a0<\/em>review copies\u00a0free of charge.<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Image used under Creative Commons Licensing\u00a0 The financial crisis of the late 2000\u2019s has just hit and more than 10 million homes have been foreclosed upon in the matter of a few years. The American public is outraged and demanding … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":4538,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[88579],"tags":[],"class_list":["post-1165","post","type-post","status-publish","format-standard","hentry","category-harvard-negotiation-and-mediation-clinical-program-blog-posts"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4CR8M-iN","jetpack-related-posts":[{"id":1266,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2018\/01\/19\/legal-political-strategic-and-ethical-dimensions-of-the-2011-famine\/","url_meta":{"origin":1165,"position":0},"title":"Legal, political, strategic and ethical dimensions of the 2011 famine","author":"morourke","date":"January 19, 2018","format":false,"excerpt":"Elspeth Graham & Laura Snowdon This is the second in a series on the use of Somalia in Crisis role play in a law school course on International Humanitarian Law. Read the Introduction. The United Nations declared a famine in Somalia in July 2011. The humanitarian response to this crisis\u2026","rel":"","context":"In "Experiential Learning and the Case Study Method"","block_context":{"text":"Experiential Learning and the Case Study Method","link":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/category\/experiential-learning-and-the-case-study-method\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1316,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2018\/02\/27\/our-bestselling-cases\/","url_meta":{"origin":1165,"position":1},"title":"Our Bestselling Cases","author":"eyook","date":"February 27, 2018","format":false,"excerpt":"Harvard Law School | The Case Studies has served 7,986 customers, published 220 cases, and fulfilled 8,152 orders over the last 6 years. Here is a list of our top 5 bestselling case studies: 1. Diego Primadonna, our most popular product, has accounted for 13% of total downloads from our\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2018\/02\/Bestselling-Cases-3-1024x502.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2018\/02\/Bestselling-Cases-3-1024x502.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2018\/02\/Bestselling-Cases-3-1024x502.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":928,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2015\/02\/24\/law-ethics-and-policy-in-humanitarian-crises-a-student-perspective-on-new-simulations\/","url_meta":{"origin":1165,"position":2},"title":"Law, Ethics, and Policy in Humanitarian Crises: A Student Perspective on New Simulations","author":"Elizabeth Moroney","date":"February 24, 2015","format":false,"excerpt":"New Products: Somalia in Crisis: Famine, Counterterrorism, and Humanitarian Aid By Danae Paterson In the fall of 2014, the Harvard Law School Program on International Law and Armed Conflict (PILAC) offered prototypes of two case studies under the thematic umbrella of Somalia in Crisis: Famine, Counterterrorism, and Humanitarian Aid. The\u2026","rel":"","context":"In "Program on International Law and Armed Conflict Blog Posts"","block_context":{"text":"Program on International Law and Armed Conflict Blog Posts","link":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/category\/program-on-international-law-and-armed-conflict-blog-posts\/"},"img":{"alt_text":"somalia2","src":"https:\/\/i0.wp.com\/blogs.law.harvard.edu\/hlscasestudies\/files\/2015\/02\/somalia2-500x341.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1144,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2016\/10\/18\/new-product-allen-overy-a-and-b\/","url_meta":{"origin":1165,"position":3},"title":"New Product: Allen & Overy: Surviving the Banking Crisis (A) and (B)","author":"Lisa Brem","date":"October 18, 2016","format":false,"excerpt":"Photo used under Creative Commons Licensing, Allen & Overy London Headquarters Leadership in Law Firms:\u00a0Hidden Hierarchies Harvard Law School | The Case Studies is happy to announce a brand new case study based on the exciting research conducted by Professor Laura Empson on leadership in professional service\u00a0firms. \u00a0Read more about\u2026","rel":"","context":"In "Case Development Initiative Blog Posts"","block_context":{"text":"Case Development Initiative Blog Posts","link":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/category\/case-development-initiative-blog-posts\/"},"img":{"alt_text":"9986423446_0ffa3df5a9_b","src":"https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/10\/9986423446_0ffa3df5a9_b.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/10\/9986423446_0ffa3df5a9_b.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/10\/9986423446_0ffa3df5a9_b.jpg?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/10\/9986423446_0ffa3df5a9_b.jpg?resize=700%2C400 2x"},"classes":[]},{"id":951,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2015\/04\/14\/to-save-or-not-to-save-new-high-stakes-multiparty-role-play-on-infectious-disease\/","url_meta":{"origin":1165,"position":4},"title":"To Save or Not to Save? New High-Stakes Multiparty Role Play on Infectious Disease","author":"Elizabeth Moroney","date":"April 14, 2015","format":false,"excerpt":"New Product: Drug Trial Committee Imagine that a deadly infectious disease, the Anthella virus, is spreading throughout the world population. Scientists everywhere are rushing to find a cure. Fortunately, the Centers for Disease Control and Prevention have just developed an antidote.\u00a0Unfortunately, there are only three doses. Who will be saved?\u2026","rel":"","context":"In "Harvard Negotiation and Mediation Clinical Program Blog Posts"","block_context":{"text":"Harvard Negotiation and Mediation Clinical Program Blog Posts","link":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/category\/harvard-negotiation-and-mediation-clinical-program-blog-posts\/"},"img":{"alt_text":"6136_PHIL_scientists_PPE_Ebola_outbreak_1995","src":"https:\/\/i0.wp.com\/blogs.law.harvard.edu\/hlscasestudies\/files\/2015\/04\/6136_PHIL_scientists_PPE_Ebola_outbreak_1995-500x326.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1004,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2015\/07\/28\/the-jury-is-in-new-cases-deliberate-social-issues-in-cyberspace\/","url_meta":{"origin":1165,"position":5},"title":"The Jury Is In: New Cases Deliberate Social Issues in Cyberspace","author":"Elizabeth Moroney","date":"July 28, 2015","format":false,"excerpt":"New Products: The Art of Deliberation; The Snowden Effect; Thinking Big: Bringing Big Sport\u2019s Energy and Innovation to Education; The Decriminalization of Marijuana in Jamaica: A Key Step toward International Legalization?; The Color of Police Action in these United States A new suite of free workshop-based case studies convenes participants\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/posts\/1165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/users\/4538"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/comments?post=1165"}],"version-history":[{"count":7,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/posts\/1165\/revisions"}],"predecessor-version":[{"id":1198,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/posts\/1165\/revisions\/1198"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/media?parent=1165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/categories?post=1165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/tags?post=1165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}