Skip to main content

Democrats and Banks work to limit cramdown bill

By Silla Brush
Posted: 04/16/09 10:03 PM [ET]
Senate Democrats are negotiating with a handful of the nation’s largest banks and some credit unions to limit a controversial bill allowing judges to write down the value of home mortgages.

After passing the House in March, the bill has stalled in the Senate, leading to weeks of negotiations that have so far failed to produce a compromise.

View the entire article here.

domain dns .

Leave a Reply

Your email address will not be published. Required fields are marked *