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House Democrats eye 'cramdown' measure for regulatory reform bill
So. Very. Important. This is the current law that allows judges to adjust second homes mortgages (hmm, now who the hell can afford a second home?) but not first (and only homes) where all the pain is...
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Report: Fewer people falling behind on home loans
Any good news right now is great news. WASHINGTON — The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning...
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U.S. Sues 17 Major Banks Over Mortgages
MSNBC (h/t: @LiberalPagan): A U.S. regulator sued a series of big banks Friday over losses on more than $41 billion in subprime mortgage bonds, which could hamper a broader government mortgage...
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Video- Dems call out Romney for foreclosure remarks
Man, we're going to have an arsenal of great ads ready to go for the general race, no matter who the R candidate is. (CNN) - Democrats are painting Mitt Romney as deaf to Americans' housing hardships...
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Federal Judge Blocks Citigroup's Mortgage Settlement With S.E.C.
Via an email alert: A federal judge in New York on Monday threw out a settlement between the Securities and Exchange Commission and Citigroup over a 2007 mortgage derivatives deal, saying that the...
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VIDEO: Response to Karl Rove's hit piece on Elizabeth Warren. "Rove lives in...
VRAdmin: http://www.americancrossroadswatch.org - In an ad so incredibly absurd and false, Karl Rove and his secret cabal of billionaires claim that they are against big bank "executives" and the 1%,...
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State of the Union address gives Pres. Obama chance to lay political traps...
Nothing like seeing some GOP feathers ruffled, especially after all their obstruction and obsession over making President Obama a one term president. Via The Hill: President Obama will use this year’s...
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Why I love my state: California calls $25-billion mortgage settlement...
I am so grateful to live in a state that isn't completely bonkers. Emphasis on completely. Los Angeles excluded (Yes, I'm from L.A.). Remind me to send Kamala Harris a thank you card. Via the L.A....
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VIDEO- President Obama: "We have reached a landmark settlement with the...
Visit msnbc.com for breaking news, world news, and news about the economy Here's the headline: (Reuters) - The biggest U.S. banks will provide about $25 billion in relief to distressed homeowners, as...
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Elizabeth Warren Reads Riot Act to Holder for Not Prosecuting Big Bank...
Today the Justice Department filed a lawsuit against the Texas voter ID law. That is welcome news, and it's great to see Attorney General Holder step up like that. However, he needs to be equally...
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