Mortgage and Financial News From 2007-10-23 Page 28
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Criticism rains down on mortgage industry (USA Today)
A public outcry against the mortgage industry is growing louder. Lawmakers, regulators and consumer advocates say they are increasingly worried about the fallout from a record number of homes going into foreclosure. They're pushing the industry to move faster to aid homeowners, by forgiving past-due amounts, lowering rates and shifting people into fixed-rate loans.
2007-10-22 11:31:00