Housing Secretary Calls Foreclosure Problems “Shameful”

On Sunday, Shaun Donovan, President Barack Obama’s housing secretary, said “it’s shameful” that financial institutions may have made the housing crisis worse by improperly processing foreclosures.

In a column on the Huffington Post website, Secretary Donovan said that a comprehensive review of the foreclosure crisis was under way and that the administration would respond with “the full force of the law where problems are found.”

Foreclosure problems “shameful”: Housing Secretary – Yahoo! News.

 
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