Kanjorski Introduces Servicing, Appraisal Reform Bill, Calls for Mandatory Escrow of Taxes, Insurance in Subprime
October 18, 2007
House Democrats introduced legislation this week reforming mortgage servicing and curbing abusive and deceptive practices related to servicing and appraisals, especially in the subprime mortgage market. Rep. Paul Kanjorski, D-PA, chairman of the House Financial...