Dodd-Frank Reform Bill Includes Extension of Protecting Tenants at Foreclosure Act, Additional Housing Provisions

FOR IMMEDIATE RELEASE Contact: Taylor Materio 202-662-1530 x227; taylor@nlihc.org Dodd-Frank Reform Bill Includes Extension of Protecting Tenants at Foreclosure Act, Additional Housing Provisions Washington, DC – The National Low Income Housing Coalition applauds the expected enactment of the Dodd-Frank Wall Street Reform and Consumer Protections Act (H.R. 4173), which has passed the House and Senate … Read more

Banksters Say No Way to Proposed Mortgage Bankruptcy Changes

Financial Reform: Cramdown Fails, CFPA Preserved Dec. 11 (Bloomberg) — Republican lawmakers defeated a mortgage “cram-down” amendment that would have given federal judges the power to lengthen mortgage terms, cut interest rates and reduce loan balances for homeowners in bankruptcy court. The U.S. House of Representatives voted 241-188 today, stripping the amendment from a broader … Read more