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

All Posts Tagged With: "cramdown"

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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