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The Senate has killed a housing proposal that would have provided the most direct aid to homeowners facing foreclosure, keeping alive a delicate compromise on a sweeping housing bill.The provision, backed by consumer groups and leading Democrats, would have allowed bankruptcy judges to restructure mortgages mdash; lowering principal and interest payments mdash; for people facing foreclosure on their homes. Advocates said this would help as many <a href=https://www.stanley-cups.uk>stanley cups uk</a> as 500,000 people who will lose their houses, but Republicans as well as some Democrats were worried the proposal would be perceived as a bailout for people who got in over their heads with home loans.The Senate voted 58-36 to table, or kill, the proposal, whic <a href=https://www.stanley-cup.co.nz>stanley cup nz</a> h was championed by Sen. Richard Durbin D-Ill. . The rest of the housing bill, with tax credits for home builders, $100 million in foreclosure funds and tax incentives for purchasing foreclosed houses, is still being debated on the Senate floor. That was a deal breaker, said Sen. Richard Shelby R-Ala. , the top Republican on the Senate Banking Committee and one of the key negotiators on the hous <a href=https://www.cup-stanley.es>stanley spain</a> ing bill. So this <killing>the proposal] is good news. Consumer advocates didn t see it that way and have complained that the housing bill, with $11 billion in tax credits, is heavily tilted toward the housing and mortgage industry and does little to help individuals actually facing foreclosure. This missed opportunity is regrettable,