Friday, September 12, 2008

Senators Ask that Conservatorship Freeze Foreclosures on GSE Mortgages

Four U.S. Senators have asked the conservators of Freddie Mac and Fannie Mae to freeze foreclosures on mortgages held by the companies for 90 days and to take immediate steps to assist homeowners by modifying delinquent loans. Senators Sherrod Brown (D-OH), Bob Casey (D-PA), Robert Menendez (D- NJ), and Charles Schumer (D-NY) ...

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