Senate Committee OKs FHA Reform Bill

31 Jul 2013

The Senate Banking Committee voted 21-1 to approve a bill aimed at reforming the Federal Housing Administration, including an amendment that would allow it to force servicers to contract subservicers to helped troubled borrowers.

The Senate Banking Committee voted 21-1 to approve a bill aimed at reforming the Federal Housing Administration, including an amendment that would allow it to force servicers to contract subservicers to helped troubled borrowers.

Click here to read the story from National Mortgage News.

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