Treasury wants more lender leeway on loans (Reuters)

Posted on November 29, 2009
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A sign offering bank owned homes for sale is seen in a subdivision in Maricopa, Arizona in this file photo from May 27, 2009. REUTERS/Joshua Lott/FilesReuters – The Treasury Department wants lenders and companies that process monthly mortgage payments to do more to rework troubled home mortgage loans and will announce new measures on Monday aimed at achieving that goal, a department spokeswoman said on Saturday.

Source:Treasury wants more lender leeway on loans
(Reuters)

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