SHHH Obama will NOT sign that foreclosure bill

[nadinbrzezinski]

my IPOD chirped, so I descided to pass it along.

MSNBC

http://www.msnbc.msn.com/id/39556377/ns/business-real_estate/

Obama won't sign foreclosure challenge bill
Law moved quickly through Congress as complaints over banks' behavior grew
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By Caren Bohan and Scot J. Paltrow

updated 1 hour 31 minutes ago
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WASHINGTON — President Barack Obama will not sign legislation that could have made it more difficult for homeowners to challenge unjustified foreclosure actions, the White House said on Thursday.

White House communications director Dan Pfeiffer said Obama was sending the bill back to the House of Representatives for further discussion of how it would affect the foreclosure crisis, which has become a political lightning rod amid media reports that banks acted improperly to evict struggling borrowers.

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Sharing some good nooze.

[lunatica]

1. They sure tried to sneak it by didn't they?!

I'm delighted Obama sent it back.

[Ozymanithrax]

2. Saw that...

I've been discussing it elsewhere.

This is good news. It is a simple bill but open to abuse.

[FrenchieCat]

3. Interesting that I recced this post, and it is still at zero.

Very interesting!

[blondeatlast]

4. Fixed that for you. nt

[malaise]

Not any more

Rec

[nadinbrzezinski]

9. I really do not give a fuck anymore about the unreccer brigade

I am sure there are some folks running scrips at this point.

[RKP5637]

5. Wonderful News!!! n/t

[eridani]

6. So, if you contacted the White House to complain about the bill--

--make another contact to thank Obama for listening.

[Parker CA]

7. Kick and Rec!!

[Hannah Bell]

8. not signing it *yet*.

Obama was sending the bill back to the House of Representatives for further discussion of how it would affect the foreclosure crisis, which has become a political lightning rod amid media reports that banks acted improperly to evict struggling borrowers.

"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," Pfeiffer

[Green_Lantern]

12. he vetoed it ...it was a pocket veto...

The glass is half full.

[flyarm]

10. rec..not signing is not veto..this needs to be veto'ed! eom

[nadinbrzezinski]

11. It will not come out this session so effectively it is.