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Loan Modification

: Loan Modification & Home Loan News

Mortgage Bankruptcy Cram-Down Bill Fails, Yet Again

By Moe Bedard

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The banks win and homeowners loose as the glorious people who are supposed to represent the people, the U.S. House of Representatives voted to slam-down the cram-down measure that would have allowed bankruptcy judges to modify mortgages in a court of law for struggling homeowners. The home mortgage bankruptcy bill or commonly referred to as the “mortgage [...]

Full post as published by Loan Modification & Home Loan News on December 14, 2009 (boomark / email).

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