New Cramdown At FHA? by Peter G. Miller. "The plan is similar to elements in legislation proposed two weeks ago by Barney Frank (D-Mass.), who chairs the House Financial Services Committee, officials said.. then surely it is time to again allow bankruptcy courts to modify mortgage.

House Financial Services Chairman Barney Frank threatened to revive legislation to allow bankruptcy judges to rewrite the terms of troubled mortgage loans.

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When the Obama administration announced its regulatory-reform package, I was nervous. Not because the proposal doesn’t do enough to reform the financial sector — conventional wisdom was right to predict a pragmatic approach that moved the ball forward but not far enough. I was nervous because the strongest part of the proposal, the Consumer Financial Protection Agency, seemed

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Yet other commentators seek to explain the Right’s revival by pointing to the ways it has “leveraged” the Internet, just as Barack Obama once did. Conservatives are using the web to recruit followers;.

BLOG VIEW: Come January, Rep. Barney Frank, D-Mass., is getting a demotion. With the Republican Party taking control of the House of Representatives, Frank will be replaced as the chairman of the House Financial Services Committee – most likely by Rep. Spencer Bachus, R-Ala. Frank survived re-election earlier this month, albeit in an unexpectedly tough [.]

"But if you’re like me, and you’ve got one house, or you are like the millions of people who are struggling right now to keep up with their mortgage so they don’t lose their home, you might have a.

Hope LoanPort will receive funding and guidance to expand its loss mitigation platform for servicers, housing counselors and mortgage borrowers from the Finance of America Foundation, a nonprofit with ties to former Rep. Barney Frank.

Against intense opposition from banks and credit unions, Durbin has been working to pass a bill that would empower bankruptcy judges to reduce homeowners’ mortgage debt and help them to stay in their.