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Tag: Cram-down Measure

Foreclosure
Flickr / respres

House Readies for Mortgage Vote

Homeowners facing foreclosure could get help if Congress approves a “cram-down” measure, which would give bankruptcy judges the ability to alter mortgage terms. The House of Representatives is gearing up to vote on the amendment, but it’s not likely to be an easy victory by any stretch.

Posted on Dec 11, 2009 READ MORE


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