Govt’s Loan Mod Program Crippled by Lax Oversight and Deference to Banks

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By Paul Kiel and Olga Pierce, ProPublica With millions of homeowners still struggling to stay in their homes, the Obama administration’s $75 billion foreclosure prevention program has been weakened, perhaps fatally, by lax oversight and a posture of cooperation—rather than enforcement—with the nation’s biggest banks. Related Entries January 25, 2011 ‘King’s Speech’ Rules in Oscar Race October 25, 2010 Not Appearing at the Oscars: Jean-Luc Godard

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Govt’s Loan Mod Program Crippled by Lax Oversight and Deference to Banks

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Posted by on January 27, 2011. Filed under News, Politics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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