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Home » Store » Taxable » Industry Wins One, Loses One in Bankruptcy Fight

Industry Wins One, Loses One in Bankruptcy Fight

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The US Senate last week approved an amendment to the bankruptcy reform bill that would allow borrowers to go after certain secondary market participants. But the blow was tempered somewhat by the narrow defeat of an amendment considered much more hostile by industry officials. "Predatory lenders are able to rob homeowners of their livelihoods and then hide behind our bankruptcy laws and pass off their bad loans to other buyers. My amendment makes that
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