Lawmakers Call For Mortgage-Purchase Agency

25 Mar 2010

A bipartisan group of members of House of Representatives is calling for the creation of an agency that will buy mortgages instead of relying on servicers to modify them voluntarily.

A bipartisan group of members of House of Representatives is calling for the creation of an agency that will buy mortgages instead of relying on servicers to modify them voluntarily. In a letter to Timothy Geithner, the secretary of the Treasury, two dozen House Democrats and two Republicans ...

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