FED GOVERNOR LIKES FUND IDEA: Federal Reserve Gov. Elizabeth Duke voiced approval for a fund that would compensate borrowers whose homes were improperly foreclosed upon. The fund would be modeled on the one created for victims of the BP oil spill.
AN OPTION ON THE TABLE: The idea has been discussed in talks between banking industry officials and attorneys general in 50 states, who are investigating the problem of faulty foreclosure documents. The AGs are seeking a settlement with the mortgage industry that would overhaul industry practices.
REGULATORS IN THE HOT SEAT: Rep. Maxine Waters, D-Calif., at a House hearing by the panel she heads, accused federal regulators of failing to act to help struggling homeowners.
sugarland armistice day brad paisley wife indonesian volcano
No comments:
Post a Comment