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	<title>eMortgage Solution &#187; bankruptcy</title>
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		<title>Bankruptcy Courts to Issue Cramdowns</title>
		<link>http://emortgagesolution.net/2009/bankruptcy-courts-to-issue-cramdowns/</link>
		<comments>http://emortgagesolution.net/2009/bankruptcy-courts-to-issue-cramdowns/#comments</comments>
		<pubDate>Sun, 08 Feb 2009 17:45:07 +0000</pubDate>
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				<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[cramdownds]]></category>
		<category><![CDATA[principal reduction]]></category>

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		<description><![CDATA[Bankruptcy Court judge will soon have the power to reduce mortgage loan balances of borrowers filing for bankruptcy.  Congress is expected to pass the bill and President Obama has pledged to sign it.  The bill also grants bankruptcy judges the power to cut mortgage interest rates and monthly payments. Under Chapter 13 bankruptcy,  judges can [...]


Related posts:<ol><li><a href='http://emortgagesolution.net/2009/citigroup-backs-foreclosure-prevention-plan/' rel='bookmark' title='Citigroup Agrees To Foreclosure Prevention Plan'>Citigroup Agrees To Foreclosure Prevention Plan</a></li>
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		<title>Citigroup Agrees To Foreclosure Prevention Plan</title>
		<link>http://emortgagesolution.net/2009/citigroup-backs-foreclosure-prevention-plan/</link>
		<comments>http://emortgagesolution.net/2009/citigroup-backs-foreclosure-prevention-plan/#comments</comments>
		<pubDate>Mon, 12 Jan 2009 01:53:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[citigroup]]></category>
		<category><![CDATA[mortgage principal]]></category>
		<category><![CDATA[Richard Durbin]]></category>
		<category><![CDATA[senate]]></category>

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		<description><![CDATA[Citigroup has reached an agreement with the Senate on legislation that will allow bankruptcy courts to modify the terms of residential mortgages so that judges would have the power to reduce mortgage principal. Sen. Richard Durbin (Dem, Illinois) re-introduced the bill to the Senate.  The plan may be included in the economic recovery package being [...]


Related posts:<ol><li><a href='http://emortgagesolution.net/2009/bankruptcy-courts-to-issue-cramdowns/' rel='bookmark' title='Bankruptcy Courts to Issue Cramdowns'>Bankruptcy Courts to Issue Cramdowns</a></li>
<li><a href='http://emortgagesolution.net/2009/democrats-say-lenders-are-falling-short/' rel='bookmark' title='Democrats Say Lenders Are Falling Short'>Democrats Say Lenders Are Falling Short</a></li>
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