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Loan Modification

: Mortgage Lender Implode-o-Meter

Congresswoman Waters urges Congress to take action to help struggling homeowners

By Implode-Explode Heavy Industries

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"Congresswoman Waters, who chairs the House Subcommittee on Housing and Community Opportunity, is among the Members of Congress selected to negotiate the final details of Wall Street reform and consumer financial protection legislation. In a statement she delivered today during deliberations of the House-Senate conference committee, the Congresswoman argued that this comprehensive restructuring of the nation?s fi nancial system must address the housing crisis. Congresswoman Waters advocates legislation that would make loan modifications mandatory because voluntary programs have not been sufficient to prod mortgage servicers to help homeowners."

Full post as published by Mortgage Lender Implode-o-Meter on June 26, 2010 (boomark / email).

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