Obama Will Not Sign Bill Seen As Cover For Bank Foreclosures

[Gold Metal Flake]

http://www.huffingtonpost.com/2010/10/07/obama-pocket-veto-foreclosures_n_753987.html

UPDATE: The White House announced Thursday afternoon that President Obama would not sign a bill that some consumer advocates worried would make it more difficult for homeowners to fight fraudulent foreclosures.

The White House noted that the bill was designed to ease restrictions on interstate commerce. "While we share this goal, we believe it is necessary to have further deliberations about the intended and unintended impact of this bill on consumer protections, including those for mortgages, before this bill can be finalized."

Sen. Patrick Leahy (D-Vt.), chairman of the Judiciary Committee, moved the legislation through the Senate without debate on Sept. 27.

"Senator Leahy understands the President's decision not to sign the Interstate Recognition of Notarizations Act, and he supports that decision," said a Leahy spokeswoman in a statement. "When Congress passed the legislation, no concerns or objections had been expressed. Now that concerns have been raised, Congress should reexamine whether this bill might have an unintended impact on foreclosures in the future. We certainly do not believe that is what Representative Aderholt and the other cosponsors of the legislation intended."

[zipplewrath]

1. Boy my skepticism is at an all time high

This just smells of a "deal" where this was allowed to pass through knowing full well that it would meet this fate. Mind you, I'm glad it did. But Leahy's comments are very strange. It's almost as if he requested, up front, that this be vetoed so he didn't have to fight it at his level. If congress ever wants to know where its bad reputation comes from, it can start here.

[Gold Metal Flake]

2. We will just have to watch what info trickles out.

Watch Talk Radio News service and the bloggers. Might get some good gossip.

[Nite Owl]

3. Anyone know the votes on the bill

or the name of the bill to look it up?

[dixiegrrrrl]

5. HR 3808 passed both houses on voice vote, no votes recorded.

Apr 27, 2010: This bill passed in the House of Representatives by voice vote. A record of each representative’s position was not kept.
Sep 27, 2010: This bill passed in the Senate by Unanimous Consent. A record of each senator’s position was not kept.

Sponsor:

Rep. Robert Aderholt Cosponsors:
Bruce Braley
Michael Castle
Artur Davis

2 Alabama Reps. supported it, the first introduced it!
That Artur Davis guy was supposed to be a "go " Dem.
Glad I know that about him now.


Link for looking up bills and tracking them:

http://www.govtrack.us/congress/bill.xpd?bill=h111-3808

[Nite Owl]

6. What cowards

they can all claim that the 'voice' wasn't them.

[Gold Metal Flake]

4. Oops. Dupe.

Discussion here:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9274211