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Agreement Reached With One of the Country’s Biggest Mortgage Lenders on Bankruptcy Reform
WASHINGTON, D.C. - January 12, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL), with Congressman John Conyers (D-MI), Senator Chris Dodd (D-CT), Chuck Schumer (D-NY) and Congressman Brad Miller (D-NC) announced that an agreement was reached with Citigroup today, on legislation that will allow homeowners at risk of foreclosure to alter the terms of their mortgages in bankruptcy
