Barker Martin

Condo-HOA Blog - Legislation

Mortgage Modification Bill Stalls in the Senate

Status of H.R. 1106: "Helping Families Save their Home Act of 2009" is uncertain. The law would give bankruptcy judges the ability to 'cram down' the principal balance and monthly payments, wiping out tens or even hundreds of thousands of dollars of money owed in an effort to keep more people in their homes and to stabilize the housing market. read more

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