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	<title>Creditinfocenter Blog &#187; cramdown</title>
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		<title>Credit Union Industry Worried about New &#8220;Cramdown&#8221; Legislation</title>
		<link>http://www.creditinfocenter.com/wordpress/2009/03/03/credit-union-industry-worried-about-new-cramdown-legislation/</link>
		<comments>http://www.creditinfocenter.com/wordpress/2009/03/03/credit-union-industry-worried-about-new-cramdown-legislation/#comments</comments>
		<pubDate>Tue, 03 Mar 2009 15:04:06 +0000</pubDate>
		<dc:creator>Kristy Welsh</dc:creator>
				<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[cramdown]]></category>
		<category><![CDATA[credit unions]]></category>
		<category><![CDATA[housing crisis]]></category>
		<category><![CDATA[legislation]]></category>
		<category><![CDATA[Mortgages]]></category>

		<guid isPermaLink="false">http://www.creditinfocenter.com/wordpress/?p=498</guid>
		<description><![CDATA[One of the economic turn around proposals being kicked around includes legislation allowing bankruptcy judges who preside over Chapter 13 bankruptcies to reduce the principal amount of mortgages. This is being dubbed the &#8220;cramdown&#8221; of the mortgage principal into a smaller amount. A friend of mine received an electronic pamphlet from her credit union extolling [...]]]></description>
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