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U.S. House Rejects Mortgage "Cramdown" Measure
U.S. House Rejects Mortgage "Cramdown" Measure
Reuters | December 11, 2009
In a win for the banking industry, the U.S. House of Representatives voted on Friday to reject a measure that would have allowed bankruptcy judges to change the terms of mortgages for distressed homeowners.
Published Wednesday, December 16, 2009 2:56 PM by
Stephen Harker
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