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Sen. Al Franken is pushing an amendment to the financial reform bill that would create an office to investigate complaints by homeowners who believe their mortgage handlers are breaking the law. The amendment would create an Office of the Homeowner Advocate and has bipartisan support in the Senate.
“Too many Minnesotans have lost their jobs through no fault of their own, and are now in danger of losing their homes,” Franken said in a statement on Friday. “When they feel they’re being treated unfairly, they need to know there’s someone who has their back. My proposal creates an office dedicated to these families. They’re doing their best with an incredibly stressful situation in a tough economy that they didn’t create, and we ought to do what we can to help them.”
Republican Sen. Olympia Snowe of Maine is a cosponsor with Franken.
Read more from the Minnesota Independent
