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	<title>WWR Bankruptcy &#62; Your Bankruptcy News &#38; Information Source &#187; Arlen Specter</title>
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	<description>WW&#38;R Bankruptcy practice group of Weltman, Weinberg &#38; Reis, the nation&#039;s largest creditor&#039;s rights law firm, is your source for bankruptcy news and information. We are committed to helping clients thrive in these ever changing times.</description>
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		<title>&#8220;Cram-Down&#8221; Provision May Be Dropped from House-Passed Banking Bill</title>
		<link>http://wwrbankruptcy.com/2009/04/06/cram-down-provision-may-be-dropped-from-house-passed-banking-bill/</link>
		<comments>http://wwrbankruptcy.com/2009/04/06/cram-down-provision-may-be-dropped-from-house-passed-banking-bill/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 19:44:43 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Arlen Specter]]></category>
		<category><![CDATA[cram down]]></category>
		<category><![CDATA[Evan Bayh]]></category>
		<category><![CDATA[Harry Reid]]></category>
		<category><![CDATA[lender incentives]]></category>
		<category><![CDATA[loan modifications]]></category>
		<category><![CDATA[residential mortgage]]></category>
		<category><![CDATA[servicer incentives]]></category>
		<category><![CDATA[subprime loans]]></category>

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		<description><![CDATA[Congressional Leaders may drop the “Cram-Down” provision if it threatens the passage of the overall banking bill.  Recently, at a Christian Science Monitor Breakfast, Senate Majority Leader Harry Reid stated, “If we can’t get the votes for that, and I am hopeful we can – I am semiconfident we can – then what I’ll do [...]]]></description>
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		<title>&#8220;Cramdown&#8221; Bill Put On Hold To Avoid Possible Filibuster</title>
		<link>http://wwrbankruptcy.com/2009/03/19/cramdown-bill-put-on-hold-to-avoid-possible-filibuster/</link>
		<comments>http://wwrbankruptcy.com/2009/03/19/cramdown-bill-put-on-hold-to-avoid-possible-filibuster/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 12:13:08 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Arlen Specter]]></category>
		<category><![CDATA[cram down]]></category>
		<category><![CDATA[Evan Bayh]]></category>
		<category><![CDATA[Harry Reid]]></category>
		<category><![CDATA[Henry Reid]]></category>
		<category><![CDATA[loan extension provision]]></category>
		<category><![CDATA[loan modifications]]></category>
		<category><![CDATA[residential mortgage]]></category>

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		<description><![CDATA[Sen. Evan Bayh (D-Ind.) stated that currently there is not enough support to prevent a filibuster, or “talking out a bill”, of the proposed legislation, which would allow mortgages to be restructured through a Chapter 13 filing.  Currently, the legislation proposes to: 1) modify the principal of a mortgage to the fair market value of [...]]]></description>
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