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'Rep. Frank asks lenders to avoid passing foreclosures'

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District of Columbia news Rep. Frank asks lenders to avoid passing foreclosures
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Rep. Frank asks lenders to avoid passing foreclosures

07/25/08 14:07

Good news for both lenders and borrowers: the federal government is already nearing the approval of a House bill that will move 400 000 distressed loans to a more affordable package backed by the national government. Prior to this, Rep. Barney Frank of Massachusetts asked lender to refrain from passing foreclosures while the bill is still in Congress. More about that news and more here in the Washington Post.

News: National Briefing - washingtonpost.com

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foreclosures District of Columbia 'Rep. Frank asks lenders to avoid passing foreclosures'