Rep Frank targets mortgage service legal pacts (Reuters)

Filed Under (Personal Finance) by on 12-11-2008

House Financial Services Committee Chairman Barney Frank listens during testimony before the committee in a hearing on 'the Future of Financial Services Regulation,' on Capitol Hill in Washington, October 21, 2008. (Mitch Dumke/Reuters)Reuters - Congress needs to tackle legal obstacles that prevent mortgage servicing companies from doing more to help distressed borrowers stay in their homes, the head of a U.S. congressional committee said on Wednesday.

--- Reuters ...

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