Posts Tagged ‘cram down legislation’

HO, HO, HOmeless… A Sobering View of the Crisis Affecting Us All

HO, HO, HOmeless... A Sobering View of the Crisis Affecting Us All

And to the homeowners who feel ashamed… who have suffered the indignity of losing a home in silence… this wasn’t your fault. You didn’t break the bond market and send housing prices into a free fall. You didn’t... (Continue reading)

Attitudes on Wall Street: Dear God, Give Me Strength

Attitudes on Wall Street: Dear God, Give Me Strength

Brancaccio asked about whether these Wall Street types recognized that bonuses are usually paid on profits, but that profits are "radically down," and Bethany replied that they don't. She said that there's a widespread belief that "it wasn't my fault,... (Continue reading)

The Care Bair – FDIC’s Sheila Bair Wants Principal Reductions from Banks With Loss Sharing Agreements

 The Care Bair - FDIC's Sheila Bair Wants Principal Reductions from Banks With Loss Sharing Agreements

I know… you think not modifying those loans is punishing the homeowners for getting in over their heads… but in realty, it’s not punishing them… it’s punishing you… you are running about, commenting on blogs, advocating the kicking of your... (Continue reading)

CONGRESS: Its Not About Right and Left Anymore Its About Right and Wrong.

CONGRESS: Its Not About Right and Left Anymore Its About Right and Wrong.

I looked up Ms. Bean… it was easy, like falling off a blog. Melissa received at least $515,438 from banks and other financial institutions, including most notably JPMorgan Chase, Morgan Stanley and Bank of America. That’s a half... (Continue reading)

CONTACT CONGRESS: Support Judges Modifying Mortgages NOW! Otherwise, It’s All Up to the Banks.

CONTACT CONGRESS: Support Judges Modifying Mortgages NOW! Otherwise, It's All Up to the Banks.

Click the button below NOW. There is literally NO TIME TO SPARE... You don't even need to know your representative's name. All you need to know is your own name, address, phone and zip code. The letter... (Continue reading)

EMERGENCY!! PLEASE TAKE ACTION RIGHT NOW… SAVE BANKRUPTCY REFORM!

PLEASE TAKE TIME NOW TO contact your friends, family and business associates... stop whatever your staff is doing to give them time to call in. Put it on your Facebook pages, on your LinkedIn pages, Twitter it... re-tweet it! ... (Continue reading)

BREAKING NEWS: Amendment Allowing Judges to Modify Mortgages to be Included in H.R. 4173 – Wall Street Reform and Consumer Protection Act

BREAKING NEWS: Amendment Allowing Judges to Modify Mortgages to be Included in H.R. 4173 - Wall Street Reform and Consumer Protection Act

We need judges to be able to write down mortgages on primary residences because the banks aren’t doing it voluntarily, the administration’s Making Home Affordable plan isn’t working, and the result continues to be millions of foreclosures that are destroying... (Continue reading)

A Time for Good Judgment-The Jury is In and We NEED Judges to Modify the Way Banks Behave

There's no question that we NEED to reform the bankruptcy code to allow judges to modify the mortgages on primary residences. Why? If you have to ask, you're not paying attention...... (Continue reading)


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