Sen. Al Franken participated in a U.S. Senate hearing on Tuesday regarding the foreclosure process and ways that the federal government could help Americans keep their homes while also preventing investors from losing their investments. Franken said that one of the biggest problems fueling the foreclosure crisis is "robo-signing," a tactic used by lenders to speed up the foreclosure process.
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Read the rest of Minnesota Independent: Franken urges reform on foreclosure 'robo-signing' (194 words)
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Published on February 04, 2011 06:49