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	<title>WWR Bankruptcy &#62; Your Bankruptcy News &#38; Information Source &#187; lender incentives</title>
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	<description>WW&#38;R Bankruptcy practice group of Weltman, Weinberg &#38; Reis, the nation's largest creditor'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>Possible Compromise This Week on Bankruptcy Cramdown Legislation</title>
		<link>http://wwrbankruptcy.com/2009/04/21/possible-compromise-this-week-on-bankruptcy-cramdown-legislation/</link>
		<comments>http://wwrbankruptcy.com/2009/04/21/possible-compromise-this-week-on-bankruptcy-cramdown-legislation/#comments</comments>
		<pubDate>Tue, 21 Apr 2009 13:00:04 +0000</pubDate>
		<dc:creator>Monette Cope</dc:creator>
				<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[cram down]]></category>
		<category><![CDATA[House]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[lender incentives]]></category>
		<category><![CDATA[refinancing]]></category>
		<category><![CDATA[residential mortgage]]></category>
		<category><![CDATA[Senate]]></category>
		<category><![CDATA[Whip Dick Durbin]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=207</guid>
		<description><![CDATA[While the House passed a bill permitting mortgage cramdowns, the Senate has yet to do so.  However, it hopes to have a compromise in place this week.  Senate Majority Whip Dick Durbin (D-Ill) met with banks, credit unions, and consumer groups to negotiate terms for the Senate bill.
Details are sketchy, but it appears that the [...]]]></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>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=189</guid>
		<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>In Attempting To Limit Certain Mortgage Modification Bankruptcies, House Bill Has Loopholes</title>
		<link>http://wwrbankruptcy.com/2009/03/13/in-attempting-to-limit-certain-mortgage-modification-bankruptcies-house-bill-has-loopholes/</link>
		<comments>http://wwrbankruptcy.com/2009/03/13/in-attempting-to-limit-certain-mortgage-modification-bankruptcies-house-bill-has-loopholes/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 19:40:03 +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[foreclosure]]></category>
		<category><![CDATA[lender incentives]]></category>
		<category><![CDATA[loan modifications]]></category>
		<category><![CDATA[residential mortgage]]></category>
		<category><![CDATA[Tags: bankruptcy]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=173</guid>
		<description><![CDATA[H.B. 1106 attempts to limit the mortgages that may be ìcrammed downî or otherwise modified. It permits modifications only on loans that were originated before the billís enactment.  A case may not be reopened to modify a mortgage.  These are substantial (however, debtors are not prevented from filing a new case).
Several provisions are designed to [...]]]></description>
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		<title>Ohio House Bill Proposes Mortgage &#8220;Cram Down&#8221; Without Filing Bankruptcy</title>
		<link>http://wwrbankruptcy.com/2009/03/11/ohio-house-bill-proposes-mortgage-cram-down-without-filing-bankruptcy/</link>
		<comments>http://wwrbankruptcy.com/2009/03/11/ohio-house-bill-proposes-mortgage-cram-down-without-filing-bankruptcy/#comments</comments>
		<pubDate>Wed, 11 Mar 2009 13:00:29 +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[bankruptcy]]></category>
		<category><![CDATA[cram down]]></category>
		<category><![CDATA[Denise Driehaus]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[House Bill 3]]></category>
		<category><![CDATA[lender incentives]]></category>
		<category><![CDATA[loan modifications]]></category>
		<category><![CDATA[Mike Foley]]></category>
		<category><![CDATA[residential mortgage]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=164</guid>
		<description><![CDATA[Currently Congress is hammering out the details of a law that will change the Bankruptcy Code and grant bankruptcy judges the authority to cram down mortgage loans to the current market value of the real property and modify interest rates.  On February 17, 2009 Ohio representatives Mike Foley and Denise Driehaus introduced Ohio House Bill [...]]]></description>
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		</item>
		<item>
		<title>Obama&#8217;s Homeowner Affordability and Stability Plan: A Breakdown Part I</title>
		<link>http://wwrbankruptcy.com/2009/02/26/obamas-homeowner-affordability-and-stability-plan-a-breakdown-part-i/</link>
		<comments>http://wwrbankruptcy.com/2009/02/26/obamas-homeowner-affordability-and-stability-plan-a-breakdown-part-i/#comments</comments>
		<pubDate>Thu, 26 Feb 2009 17:00:21 +0000</pubDate>
		<dc:creator>Beth Schenz</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Homeowner Affordability & Stability Plan]]></category>
		<category><![CDATA[alternatives to foreclosure]]></category>
		<category><![CDATA[debtor incentive]]></category>
		<category><![CDATA[deed in lieu]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[HUD]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[lender incentives]]></category>
		<category><![CDATA[loan modifications]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[residential mortgage]]></category>
		<category><![CDATA[servicer incentives]]></category>
		<category><![CDATA[servicer requirements]]></category>
		<category><![CDATA[short sale]]></category>
		<category><![CDATA[specified affordability level]]></category>
		<category><![CDATA[Treasury Partnered Program]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=132</guid>
		<description><![CDATA[Obama’s Homeowner Affordability and Stability Plan attempts to offer assistance to as many a 7 to 9 million homeowners under the three (3) programs.  For the next three days, WWR will provide a breakdown of each of the programs.  The three (3) programs will affect the following:
Part I:  Treasury Partnered Loans
Part II:  Loans in Bankruptcy
Part [...]]]></description>
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