| Mar 7, 2011 12:41PM According to the Wall Street Journal , the 50-state alliance of attorney generals who are working with federal agencies to investigate and reform mortgage servicing have sent their first list of demands to the nation's leading banks. The WSJ article, written by Nick Timiraos and Ruth Simon, claims the group sent a 27-page proposal to the banks last Thursday outlining a proposed code of conduct for its servicing operations. The WSJ appears not to have had access to the actual document and was relying... Mar 7, 2011 12:13PM Even as the Department of Housing and Urban Development was publishing an announcement of the program's regulations in the Federal Register , the House Financial Services Committee was voting to kill the Emergency Homeowner's Loan Program (EHLP). The program was intended to help homeowners who are temporarily un- or underemployed stay in their homes. It was originally established in 1975 before being resurrected by the Dodd-Frank Wall Street Reform and Consumer Protection Act, which authorized 201557...
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