HUD Secretary Shaun Donovan says the U.S. will press banks to correct foreclosure paperwork...

|By:, SA News Editor

HUD Secretary Shaun Donovan says the U.S. will press banks to correct foreclosure paperwork irregularities but finds "no evidence at this point of systemic issues in the underlying legal or other documents that have been reviewed." A probe into the largest mortgage servicers uncovers "a significant variation" among their operations, he says.