Last October 24th, the Committee sent a letter to William Frey, President of Greenwich Financial Services. The letter stated:
We are outraged to read in today's New York Times that you are actively opposing our efforts to achieve a diminution in foreclosures by voluntary efforts....
We very much hope that you will be able to tell us very soon that you have reversed you position of trying to obstruct the operation of the bill that was overwhelmingly passed by Congress and signed by the President this summer….
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