House members spar over efforts to avert foreclosures

Los Angeles Times – Jim Puzzanghera

Consumer advocates and political groups allied with Democrats also called Wednesday for continuing the modification effort and the other programs.

“Proposals in the House to cut off help to distressed homeowners and communities amount to punishing families — again — for the abuses of lenders and servicers,” Americans for Financial Reform, a coalition that strongly backed last year’s financial regulatory overhaul, said in a statement.


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