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Loan Modification
: Mortgage Lender Implode-o-MeterLawmakers Want Probe Into Treasury Aid for Fannie, Freddie
By Implode-Explode Heavy Industries
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"Rep. Dennis Kucinich (D., Ohio) said his congressional subcommittee plans to investigate Treasury's decision to lift the existing $400 billion cap on government cash available to the two firms. Separately, Reps. Scott Garrett (R., N.J.) and Spencer Bachus (R., Ala.) called for the House Financial Services Committee to hold a hearing on the matter."Full post as published by Mortgage Lender Implode-o-Meter on December 30, 2009 (boomark / email).
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