Lawmakers Object to Discounts on Nonperforming Loan Sales
National Mortgage News, Mar. 24, 2016–Collins, Brian
In a letter, House Financial Services Committee Chairman Jeb Hensarling, R-Texas, and Senate Banking Committee Chairman Richard Shelby, R-Ala., claim the Federal Housing Finance Agency and the Federal Housing Administration have a duty to maximize recoveries on defaulted mortgages.
