Lawmakers Concerned That Mortgage Settlement Could Mandate Mortgage Modifications

Key Republicans on the House Financial Services Committee are concerned that the Obama administration’s proposed settlement with mortgage servicers could require the servicers to write down mortgage principles in certain cases.

By Claude R. Marx | March 14, 2011 at 08:28 AM

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Key Republicans on the House Financial Services Committee are concerned that the Obama administration's proposed settlement with mortgage servicers could require the servicers to write down mortgage principles in certain cases.

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