Douglas Johnson wrote:
Mark & Juanita wrote:

The rights of contract law in which a judge can set aside a
contract and force a lender to alter the *principal* amount of a
loan. Any idea how hard it would be to get a mortgage in the future
if this happens? (Good news is that even the Senate wasn't stupid
enough to go along with this and defeated it today 51-45 -- but that
45 is scary).

You do know this exists in current bankruptcy law? That mortgages on
personal residences are an exception? And that the defeated bill in
the Senate merely removed that exception?

I remember discovering that some provisions of the "Patriot Act" that had
people up in arms had been signed into law by Nixon.