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Loan Modification

: The Truth About Mortgage.com

Seven Major Banks Told to Review Foreclosure Processes

By scot184

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The acting director of the Office of the Comptroller of the Currency has directed seven of the nation’s largest mortgage lenders to review their foreclosure processes amid reports of widespread mishandling of homeowner evictions. John Walsh told lawmakers at a hearing on the financial regulatory overhaul that some lenders “clearly had deficiencies” in their foreclosure procedures. The [...]

Full post as published by The Truth About Mortgage.com on October 01, 2010 (boomark / email).

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