Democrats Housing Solution: Charge Banks for Housing Programs and Foreclosures
March 18, 2011 (Chris Moore) U.S. Rep. Barney Frank (D-Mass.) has introduced a bill that would force the largest banks and hedge funds to pay for two programs that provide mortgage assistance and vacant property cleanup. Meanwhile in California, State Assembly member Bob Blumenfield (D-San Fernando Valley) has introduced a bill that would require mortgage [...]