Congress to pass, and the President to sign, a bill that would allow bankruptcy courts to impose a reorganization plan, known as a “cramdown,” on mortgage debts.

Resolution calling on the United States Congress to pass, and the President to sign, a bill that would allow bankruptcy courts to impose a reorganization plan, known as a “cramdown,” on mortgage debts, which would encourage mortgage companies to modify loans and provide a back-up plan for borrowers who cannot get the mortgage assistance they need.