Senate defeats bid to let homeowners seek foreclosure relief in bankruptcy courtWASHINGTON — The Democratic-controlled Senate on Thursday defeated a plan to spare hundreds of thousands of homeowners from foreclosure through bankruptcy, a proposal that President Barack Obama embraced but did little to see through. Senate defeats bid to let homeowners seek foreclosure relief in bankruptcy courtWASHINGTON — The Democratic-controlled Senate on Thursday defeated a plan to spare hundreds of thousands of homeowners from foreclosure through bankruptcy, a bill President Barack Obama embraced but did little to see it through. Senate defeats bid that would have let homeowners seek foreclosure relief in bankruptcy courtWASHINGTON — 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. Senate defeats bid that would have let homeowners seek foreclosure relief in bankruptcy courtWASHINGTON — The Senate has defeated legislation that would have let hundreds of thousands of debt-ridden homeowners seek mortgage relief in bankruptcy court. Bank lobby, voter frustration with bailouts keep Obama from wielding heavy stick on banksWASHINGTON — With President Barack Obama largely on the sidelines, Senate Republicans are poised to defeat his promise of a bankruptcy court refuge for hundreds of thousands of families about to lose their homes to foreclosure. Financial groups reject Obama’s plan to provide homeowners mortgage relief through bankruptcyWASHINGTON — A dozen financial groups, including the U.S. Chamber of Commerce and American Bankers Association, on Wednesday urged every member of the U.S. Senate to reject a key piece of President Barack Obama’s plan to keep tens of thousands of Americans from losing their homes. Talks on mortgage relief hit snag as credit union group rejects Senate proposalWASHINGTON — Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal. Talks on mortgage relief hit snag as credit union group rejects Senate proposalWASHINGTON — Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal. Talks on mortgage relief hit snag as credit union group rejects Senate proposalWASHINGTON — Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal. Talks on mortgage relief appear to break down as credit unions reject Senate proposalWASHINGTON — Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal. |
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