Senate Grills Officials Over Progress on Foreclosure Prevention

source: http://online.wsj.com/article/SB124775888931452225.html JULY 16, 2009, 12:06 P.M. ET Senate Grills Officials Over Progress on Foreclosure Prevention By JESSICA HOLZER WASHINGTON -- Senators expressed bipartisan outrage over the Obama administration's poor progress on stemming foreclosures, which continue to mount at an alarming monthly pace. Senators, speaking at a Banking Committee hearing Thursday, were at times harshly critical as they grilled two senior officials over the tepid results of the administration's $75 billion foreclosure prevention effort. "If you can't tell us what you're headed to -- what you're goal is in terms of the number of properties you're going to deal with each month -- we'll be flailing around with this two years from ...