djc
02-24-2008, 07:07 PM
Foreclosure bills expected to face more resistance than stimulus package
WASHINGTON - Congress is set to examine another round of possible repairs for consumers and investors threatened by widening cracks in the housing market.
Proposals include easing bankruptcy rules, shielding banks from lawsuits and providing government assistance to homeowners facing foreclosure.
Lawmakers also plan this week to question several high-profile mortgage and banking executives about industrywide losses and lavish executive-compensation packages.
The housing proposals percolating on Capitol Hill, many of them designed by Democrats, are expected to face much tougher resistance than the recently approved economic stimulus package, which touched on the mortgage crisis in a limited way.
http://www.msnbc.msn.com/id/23321865/
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Now they want to ease bankrupcy rules and provide gov't assistance? Absurd. Let them rot in a rental for the next 10 years for their greed and stupidy.
God help us if a democrat wins the presidency.
WASHINGTON - Congress is set to examine another round of possible repairs for consumers and investors threatened by widening cracks in the housing market.
Proposals include easing bankruptcy rules, shielding banks from lawsuits and providing government assistance to homeowners facing foreclosure.
Lawmakers also plan this week to question several high-profile mortgage and banking executives about industrywide losses and lavish executive-compensation packages.
The housing proposals percolating on Capitol Hill, many of them designed by Democrats, are expected to face much tougher resistance than the recently approved economic stimulus package, which touched on the mortgage crisis in a limited way.
http://www.msnbc.msn.com/id/23321865/
---
Now they want to ease bankrupcy rules and provide gov't assistance? Absurd. Let them rot in a rental for the next 10 years for their greed and stupidy.
God help us if a democrat wins the presidency.