Widespread Abuse by Mortgage Servicers Hurts Homeowners, Investors, Taxpayers, Economy

WASHINGTON, D.C. – July 7, 2011 – (RealEstateRama) — Mortgages servicers should be required to give every mortgage holder “a good-faith review of foreclosure alternatives” before taking steps to take his or her home, CRL president Michael Calhoun told Congress today.