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208 Posts in 153 Topics- by 2536 Members - Latest Member: ConavetaReoni

December 03, 2008, 09:44:53 PM
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Author Topic: Expanded Foreclosure Relief Coming  (Read 847 times)
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lizandjer
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« on: September 23, 2008, 01:08:59 AM »
It has been widely reported today that the Bush administration has conceded the addition of expanded foreclosure relief provisions to the proposed bailout legislation being worked on by Congress.  Details aren't yet available, but we'll post them as they come.

Overview from the LA Times:

Foreclosure Relief to be added to the Bailout Legislation
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lizandjer
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« Reply #1 on: September 30, 2008, 12:41:13 AM »
Can someone please tell me why you bring a vote like that to the floor without knowing for certain that it will pass?

Regardless of the bill's merits or lack there of, you don't vote on a bill that has any chance to fail in an environment where confidence is as shaky as it is right now. 

My $.02 cents, would love to know what you think.
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lizandjer
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« Reply #2 on: October 03, 2008, 09:06:09 PM »
The house passed the bailout package and President Bush signed it into law.  Now the hard part begins - how to put the new legislation into action.
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