Open Congress : Blog Articles for H.R.5579 Emergency Mortgage Loan Modification Act of 2008

700 Billion Dollar Bailout?

2008-09-23T00:00:00Z

HR5579 The Emergency Mortgage Loan Modification Act of 2008 is a step in the right direction. I speak with homeowners everyday who have been declined by their lender and have given up on the process. If you are trying to save your home ...

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Tell me how you feel about the Gov't mortgage bailout

2008-07-31T00:00:00Z

The Emergency Mortgage Loan Modification Act of 2008, HR 5579, would:. 1. Establish a standard for loan modifications or workout plans for pools of certain residential mortgage loans; 2. Create a duty for the service's of such pooled ...

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Loan modificationsâ€¦will they offer enough relief?

2008-07-10T00:00:00Z

A growing number of homeowners are facing the harsh reality of their loans re-setting to a higher interest rate with little or no relief in site. With property values lower in most cases from the highs of a few years ago, ...

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Home Buyer Tax Credit Key To Reviving Housing, Builders Tell Congress

2008-06-08T00:00:00Z

To speed loan modifications and keep more families in their homes, this package includes HR 5579 to provide mortgage servicers with clarity and certainty for their actions, and protection from such lawsuits for specified loan ...

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- Understanding Foreclosures â€“ Can You Workout the Problem?

2008-06-04T00:00:00Z

Currently HR 5579, titled the â€œEmergency Mortgage Loan Modification Act of 2008â€ is being debated in Congress. It has been placed on the calender, but is still in committee and has yet to be voted on. According to itâ€™s description it is ...

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- Understanding Foreclosures ??? Can You Workout the Problem?

2008-05-22T00:00:00Z

Currently HR 5579, titled the “Emergency Mortgage Loan Modification Act of 2008” is being debated in Congress. It has been placed on the calender, but is still in committee and has yet to be voted on. ...

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Late breaking news

2008-05-17T00:00:00Z

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Late breaking news

2008-05-17T00:00:00Z

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Late breaking news

2008-05-17T00:00:00Z

HR 5579 on April 23 and 24 and began consideration on another (HR 5830) to address the deepening mortgage foreclosure crisis. HR 5818, the Neighborhood Stabilization Act of 2008, introduced by Representative Maxine Waters (CA), ...

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Late breaking news

2008-05-17T00:00:00Z

Is this Good News?

2008-05-14T00:00:00Z

Some people believe that this is the only way to recover from this problem we have. Is this good news? House Passes Sweeping Legislation to Rescue Homeowners. The US House of Representatives was very busy Thursday, passing The American ...

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- Understanding Foreclosures â€“ Can You Workout the Problem?

2008-05-13T00:00:00Z

House to Consider Housing Rescued and Foreclosure Prevention Act

2008-05-07T00:00:00Z

HR 5579, The Emergency Loan Modification Act of 2008, adopted by the Financial Services Committee on April 23, 2008. Title V â€“ Miscellaneous Housing Provisions [Includes certain protection against discrimination for veterans but also ...

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HR 5579, The Emergency Mortgage Loan Modification Act of 2008 ...

2008-04-27T00:00:00Z

HR 5579 would remove an impediment to troubled debt restructuring on the part of holders of residential mortgage loans.... Vote on This Bill: For | Against.

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To dismay of banking industry groups, bill 5579 moves through ...

2008-04-25T00:00:00Z

Congress is slowly trying to help stem foreclosures. See this quote from a recent article at housingwire.com:. Earlier Wednesday, the House panel also passed HR 5579, the Emergency Loan Modification Act, without a vote. ...

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Investor Safe Harbor Bill Moves

2008-04-23T00:00:00Z

A handful of lawmakers on the House Financial Services Committee approve a measure to protect mortgage servicers from investor lawsuits if they take steps to prevent foreclosure. The measure, HR 5579, the proposed Emergency Loan ...

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Saturday Summary: Last week's news in review

2008-04-19T00:00:00Z

In his testimony, Mr. Story discussed HR 5579, The Emergency Loan Modification Act of 2007 and the industry's efforts to help at risk borrowers, including successes achieved and ongoing challenges preventing lenders and servicers from ...

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MBAâ€™s Story Testifies on Loan Modifications

2008-04-16T00:00:00Z

... Financial Group of Seattle, WA testified today before the House Financial Services Subcommitee on Capital Markets, Insurance and Government Sponsored Enterprises. In his testimony, Mr. Story discussed HR 5579, The Emergency Loan [. ...

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Mortgage Liability Escape Mulled

2008-04-15T00:00:00Z

Paul Kanjorski D-PA to absolve mortgage servicers from legal liability if they try to help borrowers avoid is greeted by the mortgage industry with mixed feelings. Elements of the proposal, HR 5579, the Emergency Loan Modification Act, ...

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Congressional Hearings Focus on Student Lending, Mortgage Lending ...

2008-04-15T00:00:00Z

Finally, the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises will hold a hearing on HR 5579, â€œthe Emergency Mortgage Loan Modification Act of 2008â€³ at 2 pm ET in room 2128 of the ...

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Interest rates hiked further - ITInews - Insurance Times and ...

2008-04-14T00:00:00Z

WITNESS LIST: Capital Markets Subcommittee Examines Legislation to â€¦ Trading Markets (press release), CA - Apr 12, 2008 â€¦ today announced that the Subcommittee will hold a hearing on HR 5579, the Emergency Mortgage Loan Modification Act ...

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WITNESS LIST: Capital Markets Subcommittee Examines Legislation to ...

2008-04-14T00:00:00Z

Legislation Increases Opportunities for Homeowners to Modify Their â€¦

2008-03-18T00:00:00Z

Kanjorski (D-PA) introduced HR 5579, the Emergency Mortgage Loan Modification Act of 2008, to help address the growing mortgage crisis. Their legislation would provide a legal safe harbor for mortgage servicers making loan modifications ...

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Legislation Increases Opportunities for Homeowners to Modify Their ...

2008-03-18T00:00:00Z

LEGISLATION INCREASES OPPORTUNITIES FOR HOMEOWNERS TO MODIFY THEIR â€¦

2008-03-18T00:00:00Z

Kanjorski (D-PA) introduced HR 5579, the Emergency Mortgage Loan Modification Act of 2008, to hold become the ontogeny mortgage crisis. Their governance would remuneration a legal innoxious woman for mortgage servicers making provide ...

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Congress Looks to Shield Servicers from Liability in Loan ...

2008-03-12T00:00:00Z

HR 5579, the Emergency Mortgage Loan Modification Act of 2008, would provide a legal safe harbor for mortgage servicers making loan modifications, under certain defined conditions. In spite of efforts by the Treasury and other ...

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The Emergency Loan Modification Act of 2008

2008-03-12T00:00:00Z

Paul Kanjorski introduced HR 5579, "The Emergency Loan Modification Act of 2008", which is a substitute for HR 4178. After the bill was introduced, Rep. Barney Frank (MA) issued a written statement favorable to the principals of the ...

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Congress Looks to Shield Servicers from Liability in Loan ...

2008-03-12T00:00:00Z

HR 5579, the Emergency Mortgage Loan Modification Act of 2008, would provide a [...] ---- link AppraiseThis: The Best Real Estate and Real Estate Agent Blog Posts From Around The Web The Best Real Estate, Home Inspection, Mortgage, ...

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