Inventory
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Single family homes on the market. Updated weekly.Powered by Altos Research
640,221+2,230
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
7.03%0.00

Housing and Economic Recovery Act

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Mortgage Cram-Down Legislation Resurfaces 

Nov 18, 2008By

The cram-down debate is back: Sen. Richard Durbin (D-IL) re-introduced hotly-contested legislation Monday that would allow judges to modify the terms of distressed mortgages on primary residences in bankruptcy cases — and this time, sources suggest the legislation faces good odds of passing.

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