Donovan: US to press banks on foreclosure issues

WASHINGTON, Oct 20 (BestGrowthStock) – U.S. Housing and Urban
Development Secretary Shaun Donovan said on Wednesday a
mortgage services probe found no evidence of a systemic
foreclosure paperwork problem.

He also told a briefing at the White House that the
government will demand that banks make affected homeowners
“whole” and that it will take every action to press banks to
correct foreclosure paperwork irregularities.
(Editing by Eric Beech)

Donovan: US to press banks on foreclosure issues