WASHINGTON — Banks and other financial firms must follow through on promises to increase the number of struggling homeowners they help or an industry-opposed change to bankruptcy laws could return, a top House Democrat said Wednesday.

Rep. Barney Frank, D-Mass., who chairs the House Financial Services Committee, said if mortgage servicing firms fail to fulfill their commitment to policymakers to help more borrowers they could face legislative retribution on Capitol Hill. Allowing bankruptcy judges to modify the terms of mortgages, which isn't allowed under current law and is opposed by the financial services industry, could become reality, Frank said.

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