"Federal Deposit Insurance Corporation (FDIC) Chairman Sheila C. Bair called today for a "foreclosure claims commission" to address complaints from homeowners who have been harmed by flaws in the foreclosure process. This was one of several improvements suggested by Bair, an outspoken critic of the servicing industry, at a "summit" on Mortgage Servicing for the 21st Century sponsored by the Mortgage Bankers Association (MBA)."

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