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Home » Store » News » Subprime Debate Delays House Cramdown Vote

Subprime Debate Delays House Cramdown Vote

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The House started deliberation on legislation to allow cramdowns this week only to postpone a vote as negotiations to limit cramdowns to subprime mortgages continue. Next week, the House is expected to vote on H.R. 1106, the “Helping Families Save Their Homes Act.”The legislation combines cramdown provisions previously approved by the House Judiciary Committee (H.R. 200) with a...
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