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Loan Modification

: Loan Modification & Home Loan News

Senate approves creating Treasury office to hear appeals in foreclosure relief

By Moe Bedard

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The Senate approved an amendment Wednesday to create an advocacy office within the Treasury Department that would investigate complaints from homeowners that lenders have unfairly excluded them from the government’s foreclosure prevention program. Consumer advocates and homeowners have complained that there is no appeals process when lenders don’t follow the program’s rules, for example, by [...]

Full post as published by Loan Modification & Home Loan News on June 17, 2010 (boomark / email).

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