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cram : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "cram"

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Bankruptcy Fables Your Lenders Love

Should bankruptcy judges have the right to modify home mortgages? Would that be fair? Or unfair? It’s a political question, of course, and when the time came for the Senate to vote in April the count was 51-to-45 against a measure would give judges the right to change home loan terms and rates. For the [...]

4May2009 | | 0 comments | Continued
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New Mortgage Modification Effort Starts In Washington

There’s talk in Washington that Citigroup and congressional Democrats have decided to end the abuse of mortgage borrowers facing bankruptcy. To understand what’s happening here, you have to go back to 2005 when a Republican House, a Republican Senate and a Republican President agreed that the Nation would be well served if bankruptcy judges were [...]

9Jan2009 | | 1 comment | Continued