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by Congressman Dennis Kucinich
Washington, Oct 21, 2010
Legislation Will Create Accountability for Banks who Race to Foreclose Without First Attempting to Work With Troubled Homeowners
Congressman Dennis Kucinich (D-OH) today announced that he is preparing legislation to force lenders to halt foreclosures of owner-occupied residential homes until lenders have certified that they have complied with their contractual obligations to try to reduce eligible borrowers’ monthly payments, using one of several government-sponsored foreclosure prevention programs.
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