A group of 12 members of the House of Representatives sent a letter to federal regulators Wednesday, urging them to make public the upcoming review of loan files at the 14 largest mortgage servicers.
Rep. Maxine Waters (D-Calif.) led the House letter, and an identical one was sent from a group of senators, led by Sen. Robert Menendez (D-N.J.). In April, servicers signed consent orders with the Office of the Comptroller of the Currency, the Federal Reserve, and the Office of Thrift Supervision, requiring these banks to correct mishandled foreclosures.
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