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Capital Thinking – Squire Patton Boggs

Capital Thinking – Squire Patton Boggs

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April 23rd 2009:“Stealth Provision with Special Guest Host”

Buried in proposed legislation called Helping Families Save Their Homes Act (HR 1106) is a "stealth provision" that grants loan servicers such as banks retroactive immunity from lawsuits if they perform loan modifications. Talcott J. Franklin, co-author of a new book on the securitization meltdown entitled the "Emergency Economic Stabilization Act Handbook," will talk about the impact of that provision with Micah Green, a partner at Patton Boggs LLP, who represents a new coalition of mortgage investors. The Senate is expected to take this up soon. It's a hot topic. Giving blanket immunit

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https://www.voiceamerica.com/show/1412/capital-thinking-squire-patton-boggs Capital Thinking – Squire Patton Boggs https://www.voiceamerica.com/show/1412/capital-thinking-squire-patton-boggs Buried in proposed legislation called Helping Families Save Their Homes Act (HR 1106) is a "stealth provision" that grants loan servicers such as banks retroactive immunity from lawsuits if they perform loan modifications. Talcott J. Franklin, co-author of a new book on the securitization meltdown entitled the "Emergency Economic Stabilization Act Handbook," will talk about the impact of that provision with Micah Green, a partner at Patton Boggs LLP, who represents a new coalition of mortgage investors. The Senate is expected to take this up soon. It's a hot topic. Giving blanket immunity to the banking industry could affect mortgage backed securities which are held by pension funds, 401-K investments, life insurance policies, college funds and other managed investments. VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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