| Jan 19, 2011 11:29AM FDIC Chairman Sheila Barr addressed a summit on mortgage servicing and called for strengthening the oversight of servicers and changes to their incentive structure. She also proposed a commission to compensate homeowners who have been damaged by servicer actions. Jan 19, 2011 10:30AM "Mortgage rates have moved somewhat lower since the beginning of the year, as mixed data on the job market continue to cloud the outlook for the economy. Refinance applications have picked up, as borrowers take advantage of lower rates, but purchase applications remain quite low, indicating that home sales are unlikely to pick up any time soon."
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