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Home » Store » News » Cramdown Calls Getting Louder in Congress

Cramdown Calls Getting Louder in Congress

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Congress’ cramdown debate looks to be far from over as Democrats have increased calls for judicial loan modifications recently. Servicers’ loss mitigation efforts have not lived up to the expectations of some in Congress, reviving the push for cramdowns.The Obama administration’s initial outline for the Home Affordable Modification Program noted that the administration would...
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