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HR 3609

Will bankruptcy judges get the power to modify the terms of troubled borrowers’ mortgages?

by Moe Bedard

The lenders and bankers are fighting the new bankruptcy bill big time because they hate when government meddles in their business. Well, they hate it when it affects their bottom line. But hey, they sure don’t mind  government assistance if it means bailing their butts out of the the mortgage waters. Even if they were the ones that caused the [...]

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