The Public Campaign Action Fund issued a press release today on Sen. Chuck Grassley's (R-Iowa) fundraiser hosted by mortgage and insurance industry PAC's and lobbyists. The special interest fundraiser comes after Grassley voted against a bill opposed by the hosts to allow bankruptcy judges to renegotiate mortgages. The Huffington Post posted a story on the release.
"Sen. Grassley appears to be cashing in from the mortgage bankers for his recent vote to prevent bankruptcy judges from renegotiating the terms of mortgages in order to prevent foreclosures to keep people in their homes," said David Donnelly, national campaigns director of Public Campaign Action Fund.
For the whole story, click here.