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Bankruptcy Legislation
-- House Resolution 3609, introduced 9/20/07 as the Emergency Home Ownership and
Mortgage Equity Protection Act of 2007, seeks to amend 11
U.S.C. §§ 109(h), 506(b), 1322(b), 1325(a), and 1328.
MBA's opposition paper: Oppose Cramdown Legislation.
- Bankruptcy Filings by Lenders -- Click this
topic for info re Ch. 11 filings by various lenders: including
Aegis Mortgage Corporation, American Home Mortgage,
Copperfield, Delta Financial Corporation, Fieldstone Mortgage Co.,
First Magnus Financial Corporation, First NLC Financial Services,
Fremont General Corporation, HomeBanc, MILA Inc., Mortgage Lenders
Network USA, New Century Mortgage Corp., Oak Street Mortgage, Ownit,
People's Choice Financial Corporation, ResMAE Mortgage Corporation,
and Southstar Funding
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USFN Bankruptcy Desk Guide -- Thoroughly updated
and expanded in 2008 to address post-BAPCPA issues. Comprehensive
district-by-district coverage of payment changes, escrow accounting, and
much more.
USFN Contact Information
For questions, suggestions or feedback on this area,
please contact any of the following people:
Michael S. Arnovitz, Esq., Chair, USFN Bankruptcy
Committee marnovitz@reimerlaw.com
Dan West, Esq., Vice Chair, USFN Bankruptcy
Committee danw@southlaw.com
R. Hillary Willett, Esq., Director of Publications and
Services, USFN hwillett@usfn.org
For links to Bankruptcy Court websites, see the federal
judiciary site at USFN's Industry
Links.
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