Loan Modification Forum - LoanSafe.org - View Single Post - Pay-Option Jumbo ARM

tandm · 03-17-2009, 05:21 PM

pdsfoley -

In the H.R.1106 bankruptcy cramdown bill, the bill that passed the house has a provision to protect banks from investor lawsuits for passing mods they didn't approve. If this bill passed, do you think it would it free up the banks or not change a thing?

03-17-2009, 05:21 PM	#14 (permalink)
tandm Senior Member Join Date: Jan 2009 Location: Orange County, CA Posts: 163 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Pay-Option Jumbo ARM pdsfoley - In the H.R.1106 bankruptcy cramdown bill, the bill that passed the house has a provision to protect banks from investor lawsuits for passing mods they didn't approve. If this bill passed, do you think it would it free up the banks or not change a thing?