The Cram-Down Smackdown – Reuters


Boston Globe

The Cram-Down Smackdown
Reuters
By mark.gimein – The Big Money The Senate today defeated legislation that proposed to let bankruptcy judges unilaterally change the terms of home mortgages to keep debtors in their houses.
Judicial Power on Mortgages Is Rejected in a Senate Vote New York Times
Senate Defeats Mortgage ‘Cram-Down' as Democrats Balk Bloomberg
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