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Bankruptcy

: The Debt Podcast

Mortgage Modification Bill: Mortgage Bankers Don?t Get It

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Pending bankruptcy legislation would allow bankruptcy judges to modify mortgages in Chapter 13 in order to slow down the foreclosure crisis in this country. Mortgage bankers oppose the bills even though it could ultimately benefit their industry. Today, they rolled out former Republican Congressman Dick Armey in the Wall Street Journal to attack former Republican [...]

Full post as published by The Debt Podcast on January 29, 2008 (boomark / email).

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