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	<title>WWR Bankruptcy &#62; Your Bankruptcy News &#38; Information Source &#187; Harry Reid</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>Bankruptcy Cramdown Legislation On Shaky Ground</title>
		<link>http://wwrbankruptcy.com/2009/04/13/bankruptcy-cramdown-legislation-on-shaky-ground/</link>
		<comments>http://wwrbankruptcy.com/2009/04/13/bankruptcy-cramdown-legislation-on-shaky-ground/#comments</comments>
		<pubDate>Mon, 13 Apr 2009 12:22:54 +0000</pubDate>
		<dc:creator>Monette Cope</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[cram down]]></category>
		<category><![CDATA[Harry Reid]]></category>
		<category><![CDATA[mortgage fraud]]></category>
		<category><![CDATA[residential mortgage]]></category>

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		<description><![CDATA[The Senate may leave the proposed cramdown legislation behind as it considers other remedies for the housing and mortgage meltdown. The legislation would allow bankruptcy judges to modify certain home mortgage loans by reducing the principal, the payments, and/or the interest rates.  The lending community has fiercely opposed it, and some lawmakers on both sides [...]]]></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>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=178</guid>
		<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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