Thursday, October 7, 2010

Government Oversight Chairman seeks nationwide foreclosure moratorium

So many different people calling for moratoriums or filing lawsuits.

Rep. Edolphus Towns (D-NY), chairman of the House Committee on Oversight and Government Reform, called for top banks to suspend foreclosures and for New York Attorney General Andrew Cuomo to investigate foreclosure practices.
This problem will be around until Christmas, much longer if the lawsuits stick.
Read it all

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