Monday, July 25, 2011

OCC Chief Counsel Testifies on Recent Enforcement Actions to Correct Mortgage Servicing and Foreclosure Practice Defects

Contact: Bryan Hubbard
(202) 874-5770

OCC Chief Counsel Testifies on Recent Enforcement Actions to Correct Mortgage Servicing and Foreclosure Practice Defects

WASHINGTON — The Office of the Comptroller of the Currency’s Chief Counsel Julie L. Williams today testified before Subcommittee on Financial Institutions and Consumer Credit of the House Committee on Financial Services. Her testimony provided information on recent developments related to our enforcement actions against several large servicers to address defects in mortgage servicing and foreclosure processes and other concerns, and to describe the recent initiatives the Office of the Comptroller of the Currency (OCC) has undertaken related to mortgage servicing.

FOR MORE INFORMATION:

http://www.occ.gov/news-issuances/congressional-testimony/2011/pub-test-2011-91-written.pdf


http://www.occ.gov/news-issuances/congressional-testimony/2011/pub-test-2011-91-oral.pdf


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