All Posts Tagged With: "Senate"
How The Tea Party Controls Washington
How do they do it? How does a small number of Tea Party representatives control the agenda in Washington? The answer works like this: There are 435 members of the House of Representatives. According to CNN there are 60 members of the Tea Party caucus. The Tea Party caucus represents just 14 percent of the [...]
8Aug2011 | Peter G. Miller | 3 comments | Continued
Mortgages: No Ethical Lapse On Capitol Hill
The Senate Ethics Committee has found that neither Sen. Thomas Dodd (D-CT) nor Sen. Kent Conrad (D-ND) broke any ethical standards on the basis of mortgages received from Countrywide. After going through 18,000 pages of documentation, the Committee concluded that the rates and terms received by the senators where generally available to the public — [...]
11Aug2009 | Peter G. Miller | 0 comments | Continued
Homeowners Lose as Bankruptcy Reform Fails In Senate
Efforts in Congress which would allow bankruptcy judges to change the terms of residential mortgages came to a halt yesterday by a vote of a 51-45. Of the 51 votes against the measure, S. 899 The Helping Families Save Their Homes Act of 2009, 12 were from Democrats, 39 from Republicans. Not one Republican voted [...]
1May2009 | Peter G. Miller | 0 comments | Continued
Government To Punish Mortgage Walk-Aways
Earlier this year the Senate Banking Committee passed the Federal Housing Finance Regulatory Reform Act of 2008 by an overwhelming and bipartisan vote of 19-2. Buried in the proposed legislation is something new and revolutionary, an effort to stop mortgage walk-aways. Walk-aways arise when a borrower can no longer make monthly mortgage payments or sell [...]
13Sep2008 | Peter G. Miller | 1 comment | Continued
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