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White House Mostly Overlooked Foreclosure Fraud Concerns, Sought Banks' Help With HAMP

First Posted: 10/10/10 01:22 AM ET Updated: 05/25/11 07:00 PM ET

White House

The Washington Post:

In recent days, amid reports that major lenders have used improper procedures and fraudulent paperwork to seize properties, some Obama administration officials have acknowledged they had been aware of flaws in how the mortgage industry pursues foreclosures.

But the officials said they could take only limited action to address the danger.

Read the whole story: The Washington Post

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Filed by T.J. Ortenzi  |