Senators urge OCC to take tough stance in foreclosure talks

06/15/2011 | Wall Street Journal, The

Senate Democrats sent a letter to Acting Comptroller of the Currency John Walsh urging him to enact tough new regulations for mortgage servicers. "We urge you to take every opportunity to ensure that servicers not only account for past harms, but also take steps to prevent future servicing deficiencies so that homeowners going forward are treated fairly," the senators said in the letter.

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