WASHINGTON — The Senate has defeated legislation that would have let hundreds of thousands of debt-ridden homeowners seek mortgage relief in bankruptcy court. President Barack Obama had said the bill was important to saving the economy and promised ..., more
and Senate defeats anti-foreclosure bill - Detroit News Washington -- With President Barack Obama on the sidelines, the Senate defeated his promise of a bankruptcy court refuge for hundreds of thousands of families about to lose their homes to foreclosure. The Senate voted 45-51 against the legislation ..., more
Friday, May 1, 2009
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