Bank Regulators Should Withdraw Consent Orders on Illegal Servicing

WASHINGTON, D.C. – April 12, 2011 – (RealEstateRama) — National consumer, civil rights, and labor groups ask bank regulators to withdraw the proposed consent orders issued to the nation’s mortgage servicers and to work with the state Attorneys General and United States Department of Justice to obtain a joint settlement that addresses illegal servicing practices in a meaningful manner.