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Loan Modification
: Mortgage Lender Implode-o-MeterRep. Darrell Issa to introduce bill to scrap Obama mortgage modification program
By Implode-Explode Heavy Industries
"Republicans have long targeted the Obama administration's troubled mortgage modification initiative as an ineffective government program. And now that they're in position to do something about it in the House, some longtime critics are moving to end it.
Rep. Darrell Issa (R-Vista), the new chairman of the House Oversight and Government Reform Committee, along with Reps. Jim Jordan (R-Ohio) and Patrick McHenry (R-N.C.), announced Friday that they were introducing legislation to repeal the Home Affordable Mortgage Program."
Full post as published by Mortgage Lender Implode-o-Meter on January 29, 2011 (boomark / email).
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