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Mortgage Crisis: Judges to the Rescue?

Democrats back plan to let jurists change loan terms

By Kevin Spak,  Newser Staff

Posted Feb 26, 2008 1:00 PM CST

(Newser) – Over the loud objections of lenders, Senate Democrats are lining up behind a plan to give bankruptcy judges the power to alter mortgages, the LA Times reports. The proposals could go to the floor as early as today. “This bill will have more impact…...   Read full story »

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