18 February 2009
Obama Announces Foreclosure Relief Plan
Like most of his approach to banking, it appears to be rather timid and too industry friendly for my taste, though it appears to be paired with cramdown legislation, which allows bankruptcy attorneys to modify mortgages, which is good, even if the legislation is too watered down for my taste too.
Labels:
Congress
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Finance
,
Legislation
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Real Estate
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regulation
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