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David H. Stevens

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    Investigation of FHA-Approved Lenders

    Officials announced that several subpoenas had been issued to banks that had a record of issuing bad mortgage loans under the Federal Housing Administration’s FHA loan program. The also…

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    Mortgage Refinancing and Modification

    Witnesses testified about the Making Home Affordable program, which was designed to stem foreclosures by allowing eligible homeowners to refinance or modify the terms of their mortgages.