Tuesday, May 12, 2009

Helping Families Save Their Homes Act of 2009

Both Senator Burr and Senator Hagan voted YES for legislation entitled Helping Families Save Their Homes Act of 2009. The bill passed the Senate floor 91-5, 3 not voting. Bloomberg offers an article about this legislation and includes all sides of the argument. At one point in the article, it states that the bill was pulled from the floor because of opposition by the American Bankers Association. Upon review of their website, they released a statement which supports the passage of the bill so I assume the "kinks" were worked out.

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