Congresswoman Waters Applauds Treasury Enforcement of Mortgage Servicers, Urges Continued Action

Congresswoman Waters Applauds Treasury Enforcement of Mortgage Servicers, Urges Continued Action

June 13, 2011 – (RealEstateRama) — “More than two years after the Home Affordable Modification Program (HAMP) was launched, I am pleased that the Administration has finally decided to take enforcement seriously and penalize three servicers who have, as a matter of standard practice, foreclosed on millions of homeowners, often without properly screening them for modifications or otherwise following program rules.

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