Civil Rights Groups: Lending Settlement Must Help Struggling Homeowners

Civilrights.org – Tyler Lewis

“Restructuring unsustainable home loans is a win-win solution that will help families, help investors, boost the housing market, and create stimulus for the economy as a whole,” said AFR, in a February 17 statement. “Regulators have a tremendous opportunity, and responsibility, to make this work. But the OCC – with a temporary acting head at its helm – appears to be making this harder. The OCC must get out of the way of holding the big banks and servicers accountable.”

 

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