| From Reuters: A group of investors and prominent academics on Tuesday urged the creation of national standards for U.S. residential mortgages to help borrowers who are having trouble getting home loans.
The group, in a letter to Federal Reserve Chairman Ben Bernanke, Treasury Secretary Timothy Geithner, and a host of other U.S. officials, said the recent foreclosure document processing fiasco, in which banks are accused of using "robo-signers" to sign hundreds of unread documents a day, demonstrate an urgent need for action..............................................Full Article: Source
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