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Loan Modification

: Loan Modification & Home Loan News

Republicans say new consumer bureau too powerful

By Moe Bedard

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(SOURCE: Associated Press) – WASHINGTON – House Republicans said Wednesday that a new government agency designed to protect consumers from problems with mortgages, credit cards and other lenders has too much power. They also criticized it for participating in a federal-state effort to force mortgage servicers to change the way they foreclose on troubled homeowners. [...] read more

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Full post as published by Loan Modification & Home Loan News on March 17, 2011 (boomark / email).

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