Tuesday, October 19, 2010

House panel sets hearing next month on foreclosure problems

(Reuters) - A U.S. House of Representatives subcommittee on housing issues will hold a hearing on home foreclosures when lawmakers return from recess after the November elections, the panel announced on Monday.




The hearing is scheduled for Thursday, November 18 at 10:00 a.m. with testimony from industry representatives, government regulators and watchdog groups, the House Subcommittee on Housing and Communality Opportunity said in a statement.

The hearing will examine problems that have emerged in the mortgage servicing industry, including improper and illegal foreclosures, the statement said.

Read on.

No comments: