Senators Introduce Preserving Homes and Communities Act of 2011

WASHINGTON, DC – March 7, 2011 – (RealEstateRama) — In an effort to protect consumers, increase transparency in the foreclosure process, and hold banks and servicers accountable for providing relief to qualified homeowners, U.S. Senator Jack Reed (D-RI) today introduced the Preserving Homes and Communities Act of 2011 based on similar legislation Reed introduced in 2009