Two members of the House, Brad Miller (D-N.C.) and Linda Sánchez (D-Calif.), said Friday they introduced a bill that could help struggling homeowners in bankruptcy by allowing bankruptcy court to modify home loans.
Currently, courts can modify any secured debt except mortgages. Consumer advocates lately have raised their rhetoric that courts should have the power to [...]
Read...Related Headlines
- American Home Mortgage files for bankruptcyposted 161 weeks ago on Mortgage Insider
- Home Equity Line of Credits Fixed Rate Lock Optionposted 169 weeks ago on Consumer Mortgage Reports
- In brief: Opus North | Law firm sublease | Burnham plan republishedposted 62 weeks ago on ChicagoRealEstateDaily.com
- Pitfalls of Interest Only Loans When Refinancingposted 163 weeks ago on Mortgage Refinancing - What You Need to Know
- Jewelry retailer Ultra Stores files for bankruptcy protectionposted 74 weeks ago on ChicagoRealEstateDaily.com
- American Home Mortgage outlines liquidity crisis, seeks ’strategic options’posted 162 weeks ago on Mortgage Insider
- Refinancing Mortgage Rateposted 165 weeks ago on Mortgage Refinancing - What You Need to Know
- How Not to Refinance Your Mortgageposted 164 weeks ago on Mortgage Refinancing - What You Need to Know
- Is Fixed Rate Mortgage Refinancing Right For You?posted 160 weeks ago on Mortgage Refinancing - What You Need to Know
- Refinancing Headachesposted 164 weeks ago on Mortgage Refinancing - What You Need to Know