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What are cramdowns?

What are cramdowns? Here are some definitions.

Noun
  1. plural of cramdown
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Examples
Three of our six reported cramdowns were enforced against creditors.
Sanctity of contract may seem like a quaint notion in the age of the GM bailout and government-mandated mortgage cramdowns.
Chapter 13 cramdowns, as applicable to Chapter 7 debtors as well.
The CEO of one of the largest state leagues sent out a pitifully frantic letter stating that cramdowns would apply to all mortgages.
Mortgage cramdowns is another area that could come up in the CFPA discussions on the Hill.

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