Northern California Mortgage Mods

Posts Tagged ‘opposition to bill’

The Banking and Lending Industry is Fighting Hard against the Mortgage Modification Bill

Opposition to the “Helping Families Save Their Homes in Bankruptcy act of 2009” is coming from the banking and lending industry.  They are literally pouring millions of dollars into lobbying against this legislation, as reported by KUTV, news 2.
They argue that allowing judges to reduce mortgage payments will end up costing home owners more in [...]