Brown at Banking Committee Hearing: Use Federal Resources to Keep Families in Their Homes , Not to Shield Illegal Activity

WASHINGTON, D.C. – March 15, 2011 – (RealEstateRama) — U.S. Sen. Sherrod Brown (D-OH) attended a hearing of the U.S. Senate Committee on Banking, Housing, and Urban Affairs today entitled ‘The Administration’s Report to Congress: Reforming America’s Housing Finance Market.’ The hearing examined the progress the Obama Administration has made in reforming the mortgage During the hearing, Sen. Brown announced that he would file legislation to help Ohio homeowners avoid foreclosure through both affordable mortgage modifications.