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Consumer Law

: Caveat Emptor

The banking industry hates America

By Sam Glover

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Why would bankers oppose legislation that would save millions of homes and $300,000,000,000 of their money? They hate America. This is the only conclusion I can come to. The “cramdown” legislation would have enabled bankruptcy judges to modify home mortgages, which they used to be able to do, anyway. In doing so, millions of homeowners would [...] Related posts:
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