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Bennet Votes to Help Keep Struggling Colorado Families From Losing Their Homes

Press Release

Date: May 6, 2009
Location: Washington, DC
Issues: Finance and Banking Housing and Property

Senate Approves The Helping Families Save Their Homes Act of 2009

Legislation Will Stem Tide of Home Foreclosures, Provide Relief to Struggling Homeowners and Hasten Housing Sector Recovery

Michael Bennet, U.S. Senator for Colorado, today voted in favor of the Helping Families Save Their Homes Act of 2009, legislation that will help keep struggling Colorado families in their homes by providing more tools to homeowners and loan servicers to stem the tide of home foreclosures. The bill, S. 896, passed by a vote of 91 to 5.

"Thousands of Coloradans who are at risk of losing their homes need help right now," Bennet said. "This bill will help middle-class Colorado families stay in their homes. It takes real action to stem the tide of foreclosures, assist homeowners, and strengthen our housing sector. And it will help to promote loan modification and homeowner lending. We must work to rebuild our housing market and revitalize our communities - this bill is a step in the right direction."

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