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View Diary: Dems Kill Retroactive Mortgage Fraud Bill (132 comments)

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  •  Sad to see common sense fail to penetrate (0+ / 0-)

    Sad also to see the hysterical misinformation campaign against this innocuous bill that probably should be passed into law.

    Nothing significant happened yesterday when this vote took place.  The idea behind the bill is not killed by this vote.  President Obama merely requested a fresh hearing on the bill, given that there had been major developments in foreclosure paperwork mess in between when the bill was passed in the house and when the bill reached his desk.  He wanted to make sure that this bill would not have undesirable unintended consequences with respect to the foreclosure mess.  

    I would not be surprised to see this bill brought up again, passed again and signed into law in the next Congress.

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