Your Exceptional Life

Shining in the shadow of Mount Diablo

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Entries from May 2011

Mortgage cram downs help, but are they the answer?

May 19th, 2011 · No Comments

One of the things that wasn’t approved in the Helping Families Save Their Homes Act of 2009 was allowing federal bankruptcy judges to modify loans on debtors primary residences.  That was curious to me at the time and has become more curious as bankruptcy judges are now modifying the terms of these loans.  The practice [...]

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Tags: Money matters

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