The Washington Independent

Posts Tagged bankruptcy modification

Banks That Got Bailout Money Still Oppose Bankruptcy Reform

By | 01.12.09 | 5:18 pm

It sure looked last week like allowing bankruptcy judges to modify mortgage loans and keep people in their homes finally was getting somewhere. After two years of opposing any such move, Citigroup announced it was getting on board with the idea, with some limitations. Sen. Charles Schumer (D-N.Y.) praised More…