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: Loan Modification & Home Loan News

HUD?s Donovan: National Foreclosure Moratorium Risks ?Going Too Far?

By Moe Bedard

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The Obama administration?s top housing official on Monday said that a national foreclosure moratorium to correct flawed legal filings risked exacerbating the mortgage crisis. ?Asking every single servicer in the country, in every single state, to stop their processes?which basically sweeps all servicers into the bucket of irresponsible servicers that clearly made mistakes?has a number [...]

Full post as published by Loan Modification & Home Loan News on October 12, 2010 (boomark / email).

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