{"id":198277,"date":"2007-11-20T18:05:00","date_gmt":"2007-11-20T23:05:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/11\/20\/congress-reviewing-bill-to-allow-bankruptcy-judges-review-terms-of-mortgage-loans\/"},"modified":"2007-11-20T18:05:00","modified_gmt":"2007-11-20T23:05:00","slug":"congress-reviewing-bill-to-allow-bankruptcy-judges-review-terms-of-mortgage-loans","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/11\/20\/congress-reviewing-bill-to-allow-bankruptcy-judges-review-terms-of-mortgage-loans\/","title":{"rendered":"Congress Reviewing Bill to Allow Bankruptcy Judges Review Terms of Mortgage Loans"},"content":{"rendered":"<p>Brad Miller (D-NC) and Linda Sanchez (D-Ca) <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2007\/11\/19\/AR2007111901327.html?hpid=sec-business\">have proposed legislation in the house<\/a>, and there appears to be a push for this in the Senate.<\/p>\n<p>It is anticipated that this could reduce foreclosures by 2 million.<\/p>\n<p>One of the wierd things that I discovered in reading this is that, Judges <span style=\"font-weight:bold;\">already<\/span> have this power for &#8220;Vacation homes, farms and investment properties.&#8221;<\/p>\n<p>But not for principal homes&#8230;Weird.<\/p>\n<p>If this passes, it may save the mortgage industry from itself.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brad Miller (D-NC) and Linda Sanchez (D-Ca) have proposed legislation in the house, and there appears to be a push for this in the Senate. It is anticipated that this could reduce foreclosures by 2 million. One of the wierd things that I discovered in reading this is that, Judges already have this power for &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,973,1265,985],"tags":[],"class_list":["post-198277","post","type-post","status-publish","format-standard","hentry","category-bubble","category-economy","category-housing-crash","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198277"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=198277"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198277\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=198277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=198277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=198277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}