Wednesday, February 22, 2012

Legislative News

Thursday, December 22, 2011
Regulator considers mortgage debt reduction for bankrupt: report
By host @ 10:53 AM
(Reuters) - The regulator for Fannie Mae and Freddie Mac is actively considering a proposal that would allow for a reduction in the outstanding mortga...
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Wednesday, December 21, 2011
FHFA Considering NACBA's Principal Paydown Plan
By host @ 3:21 PM
FHFA Mulling Zero-Interest Loans for Bankrupt Borrowers The Federal Housing Finance Agency is considering a plan that would help underwater homeo...
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Thursday, December 08, 2011
Congress passes National Guard and Reservist Debt Relief Extension Act
By host @ 10:13 AM
The House of Representatives on November 29th passed, on a vote of 407-1, legislation (HR 2192) that would renew an exemption for reservists and Natio...
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Wednesday, December 07, 2011
House Votes to Continue Slate of Bankruptcy Judgeships; Senate action slated for this week
By host @ 2:32 PM
The House of Representatives on December 6th passed by voice vote an amended bill (HR 1021) that would allow several temporary bankruptcy judgeships t...
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Tuesday, December 06, 2011
NACBA's Principal Paydown Plan
By host @ 1:49 PM
Experts agree that in order for the economy to recover, the housing market first must be stabilized by preventing avoidable foreclosures. While there ...
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Friday, August 12, 2011
NACBA Responds to Admin Plan to Sell Vacant & Abandoned Homes
By host @ 1:56 PM
Press Release, August 12, 2011:   NATIONAL ASSOCIATION OF CONSUMER BANKRUPTCY ATTORNEYS ISSUES RESPONSE TO OBAMA ADMINISTRATION PLAN TO SELL VA...
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Wednesday, July 27, 2011
NACBA Pres. William Brewer testifies before House Judiciary Committee
By host @ 10:49 AM
On July 27, 2011, NACBA President William Brewer testified before the House Judiciary Committee on the issue of “Chapter 7 Bankruptcy ...
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Thursday, April 21, 2011
Homework Regulators Aren’t Doing
By host @ 7:44 AM
By GRETCHEN MORGENSON Published: April 16, 2011 “ONE too many times, this court has been witness to the shoddy practices and sloppy account...
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Friday, June 04, 2010
Student Debt and a Push for Fairness
By @ 5:48 AM
If you run up big credit card bills buying a new home theater system and can’t pay it off after a few years, bankruptcy judges can get rid of th...
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Monday, May 10, 2010
Did Changing Bankruptcy Laws Cause the Mortgage Mess?
By @ 5:52 AM
During the debate over changes in personal bankruptcy laws, bankers were tripping over themselves to get Congress to agree to changes to make filing p...
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Thursday, April 29, 2010
Students trapped in private loans, with no bankruptcy protection
By @ 5:53 AM
Valisha Cooks assumed that the college education she financed with debt -- about half of it in expensive private student loans -- would pay off handso...
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Thursday, April 15, 2010
Fighting Foreclosures
By @ 5:56 AM
From the start, the central concern about President Obama’s antiforeclosure effort has been that it would postpone foreclosures but ultimately n...
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Friday, January 08, 2010
Federal bankruptcy judges should have the ability to modify home loans, and other government program
By @ 5:58 AM
The housing market was ground zero for this recession. It's where the downturn began, and it's where aftershocks continue. The federal government must...
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