The U.S. House Judiciary Committee could vote on a bill as early as next week that would make changes to bankruptcy law aimed at helping borrowers with subprime loans avoid foreclosure, the body’s chairman said Tuesday. Consumer groups have thrown their full support behind the measure, saying that it could help 600,000 homeowners avoid foreclosure in the next two years. The banking industry, however, has lobbied intensely against the measure, arguing that it would increase the cost of credit and create confusion in the market for mortgage debt because loan terms would be less reliable. House Poor: Pumped Up Prices, Rising Rates, and Mortgages on Steroids: How to Survive the Coming Housing Crisis

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