Obama’s speach was a stirrng call for change. Now, change bankruptcy law to permit mortgage modification for the family home.
Authorizing mortgage modification supervised by a bankruptcy judge costs the taxpayers nothing. It has a direct, tangible, and lasting effect on each family who without change, will lose their home. It eliminates a special legislative protection for home lenders.
Check out our sister site’s analysis of the changes proposed by S. 61, then speak out to your representatives.
