Band of House Dems Revisits Cramdown

TruthOut, Washington Independent by Mike Lillis | Jul. 10, 2009 (News)

The Obama administration has all but abandoned it, and the Senate has already voted it down. But a proposal to allow struggling homeowners to escape foreclosure through bankruptcy got a boost Thursday from a small band of House Democrats convinced that voluntary mortgage modifications aren't alone solving the housing crisis. Full Story »

Posted by Patricia Blochowiak

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Subjects: U.S., Business
Topics: U.S. Economy
Member Tags: Foreclosure Crisis
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Posted by: Posted by Patricia Blochowiak - Jul 13, 2009 - 4:10 AM PDT
Reviewed by: Patricia Blochowiak (review)
Content Type: Article
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Edited by: Patricia Blochowiak - Jul 13, 2009 - 4:10 AM PDT
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3.9
 by Patricia Blochowiak - Jul. 13, 2009

East Cleveland provides an example of what one doesn't want to allow to happen in the rest of the country.

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