Cram-Down

(redirected from Cram-Downs)

Cram-Down

1. See: Cram Down.

2. See: Cramdown.
References in periodicals archive ?
Restore former individual usury interest limits (7 to 8%) and bankruptcy protection standards (including judicial cram-downs for home mortgages) and limit arbitrary fees and penalty charges.
To keep our credit union blood boiling post HR-1151, our trades have served up blatantly anticonsumer causes such as bankruptcy reform, credit card reform and opposition to cram-downs.
To the contrary, mortgage cram-downs would contravene Justice Stevens' specific admonition, a unanimous Supreme Court ruling, and the legislative history upon which it was based, thus creating the ability for some debtors to demand that the principal amount of their mortgages be rewritten or crammed down.
Debbie Wasserman Schultz (D-Florida), in addressing the NPC, explained the reason she believes cram-downs are needed.
It covers such deal terms as anti-dilution protection, clawback provisions, next-round financing, cram-downs, overhang problems, warrant coverage and liquidation preferences, discussion of the Stock Purchase Agreement, and model documents, opinion letters and a due diligence checklist.
government; legislative proposals to allow mortgage cram-downs in bankruptcy or force other loan modifications; participation in the U.
7) Restore former individual usury and bankruptcy protections and interest charge limits (7% or 8%) including judicial cram-downs to address the defaulting credit card and subprime borrower crises and curb the excesses of those businesses;
CU lobbying has survived for a while playing defense against issues like cram-downs and creating a minimum threshold for CFPB coverage but lost their latest defense against the debit interchange cap.
Senate bowed to the pressure of the bankers' lobbyists and refused to allow mortgage cram-downs is bankruptcy courts.
We have steadfastly maintained that mortgage cram-downs should be limited to subprime or nontraditional mortgages.
CUNA was urging its attendees to focus on keeping mortgage cram-downs out of the legislation, on opposing changes to interchange fees and overdraft protection programs and on raising the cap on member business loans.
As of now I would shocked if we didn't see another significant push from Congress this year on mortgage cram-downs," he told the credit union mortgage executives.