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Home » Store » News » Schumer Predicts Cramdown Will Pass in 2009

Schumer Predicts Cramdown Will Pass in 2009

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After three defeats in the past year, cramdown legislation was reintroduced in the Senate last week. Sen. Charles Schumer, D-NY, predicted that Congress will approve the legislation next year.“Next year, with support from the Obama Administration, it will pass,” he said. “We will not get to the bottom of this economic crisis until we get to the bottom of the mortgage crisis. And to...
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