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October 31, 2007

Representatives to Meet on Compromise for Mortgage Modification Bankruptcy Bill

Filed under: Uncategorized — admin @ 3:12 pm

In the face of opposition from the lending industry, House Judiciary Committee members are attempting to work out a compromise over legislation introduced recently that would make it easier for bankruptcy judges to modify home mortgages that are on the verge of foreclosure, CongressDaily reported today. Judiciary Chairman John Conyers (D-Mich.) said yesterday that he expects to mark up the bill next week after he pulled it from the panel’s calendar last week in the face of resistance from Republicans and some Democrats. Conyers said that bill sponsor Rep. Brad Miller (D-N.C.) and Judiciary Commercial and Administrative Law Subcommittee ranking member Chris Cannon (R-Utah) are scheduled to meet this week in an attempt to reconcile their differences over H.R. 3609. One possible compromise being discussed is for the bill to sunset after three years.

October 30, 2007

House Hearing to Examine More Solutions to Mortgage Crisis

Filed under: Uncategorized — admin @ 3:44 pm

October 29, 2007

Congressional Report Warns of Subprime Crisis Fall-Out

Filed under: Uncategorized — admin @ 11:50 am

October 26, 2007

Dissent Threatens Legislation Looking to Modify Home Mortgages in Bankruptcy

Filed under: Uncategorized — admin @ 11:29 am

October 25, 2007

House Chairman Looks for Increased Regulation of Wall Street Stemming from Subprime Crisis

Filed under: Uncategorized — admin @ 9:27 am

October 24, 2007

Mortgage Reform Bill to Face Stiff Opposition

Filed under: Uncategorized — admin @ 9:58 am

October 23, 2007

Anti-Predatory Lending Legislation to Be Considered at House Committee Hearing

Filed under: Uncategorized — admin @ 7:01 am

October 20, 2007

South Korean Business Bankruptcies Fall

Filed under: Uncategorized — admin @ 6:17 am

Banks’ Plan to Help Credit Markets Struggles to Get Off the Ground

Filed under: Uncategorized — admin @ 6:07 am

October 17, 2007

Housing Industry Lobbying Against Mortgage-Modification Bankruptcy Bill

Filed under: Mortgages — admin @ 11:40 am
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