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Sunday, September 27, 2020

Senate kills bankruptcy revamp in housing bill

WASHINGTON (Reuters) - The Senate on Thursday voted to reject a Democratic proposal to give bankruptcy judges the power to ease mortgage payment terms for some distressed borrowers as it began debating a housing market rescue plan.

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WASHINGTON (Reuters) – The Senate on Thursday voted to reject a Democratic proposal to give bankruptcy judges the power to ease mortgage payment terms for some distressed borrowers as it began debating a housing market rescue plan.

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