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To: Terry Maloney who wrote (381785)3/10/2009 12:25:41 PM
From: Trumptown  Read Replies (1) | Respond to of 436258
 
say ahhhh...., it will hurt for a minute...

finance.yahoo.com

"Democratic lawmakers have proposed legislation that would allow so-called "mortgage cram downs," which would let judges reduce mortgage debt for individuals who have filed for bankruptcy.

Many in the banking industry fear that passage of this bill could prompt many homeowners to file for bankruptcy and default on many of their other debts, including credit cards."

Obamanation in control now!!1 -woo hoo