Conyers Toughens Cram-Down Bill Restrictions

Rep. John Conyers (D-Mich.), sponsor of the so-called cram-down bill, which would give bankruptcy judges the power to modify mortgages, hopes to gain Republican support for the measure by adding stricter requirements.

  • 26 Feb 2009
Rep. John Conyers (D-Mich.), sponsor of the so-called cram-down bill, which would give bankruptcy judges the power to modify mortgages, hopes to gain Republican support for the measure by adding stricter requirements. Conyers has proposed tightening eligibility standards with an amendment that requires borrowers submit to their mortgage ...

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1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

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