Sunday, June 12, 2011

Gov't Oversight Committee Republican Chairman's Response To Democrat Requesting To Subpoena Servicers Over Sloppy Foreclosures: 'Hit The Road!'

Housing Wire reports:
  • Rep. Darrell Issa (R-Calif.) denied a request from Rep. Elijah Cummings (D-Md.) to subpoena mortgage servicers in an investigation into possible mishandled foreclosures.
  • Cummings, a ranking member of the House Committee on Oversight and Government Reform opened his investigation in February. In May, he sent a letter to Issa, chairman of the committee, formerly requesting to subpoena servicers that refused his requests for information.

For more, see Issa denies request to subpoena mortgage servicers.