Mortgage Daily

Published On: October 21, 2010

WASHINGTON — Executives from some of the nation’s biggest lenders told a Federal Reserve council that it is unfair to accuse all mortgage servicers of using bad foreclosure practices and warned about the consequences. But consumer advocates see it differently and are calling for more extreme measures such as cramdowns and moratoriums.

This wire news service story is no longer available.

However a copy might still be available at www.columbiatribune.com

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