Rep. Cummings Renews Call to Finalize Bipartisan Legislation to Enhance Safeguards for Troops

July 18, 2012
Press Release

FOR IMMEDIATE RELEASE                                                                                           
July 18, 2012               

                                                                                                     
RELEASE: GAO Report Finds Banks Improperly Foreclosed on Servicemembers

Washington, DC (July 18, 2012)— Today, Congressman Elijah E. Cummings, as the top democrat on the House Committee on Oversight and Government Reform, issued a statement in response to a Government Accountability Office (GAO) report issued yesterday which found that financial institutions are failing to protect servicemembers from improper foreclosures and are not reducing their mortgage interest rates in compliance with the law.

Click here to read the statement and highlights from the report on the Committee website.

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