Tag Archives: settlement

Scam victims get some money back

Homeowners who fell for a mortgage relief scam could get a share of a $3.6 million settlement. Continue reading

Posted in Mortgages | Tagged , , , , | Comments Off on Scam victims get some money back

Chase settles $4B with homeowners

JPMorgan Chase reached a $13 billion settlement over the sale of troubled mortgages. Continue reading

Posted in Mortgages | Tagged , , , , , | Comments Off on Chase settles $4B with homeowners

Borrowers may get 2 checks in deals

There are two separate mortgage settlements that will result in payments to borrowers this year. Don’t get them mixed up. Continue reading

Posted in Mortgages | Tagged , , , , | Comments Off on Borrowers may get 2 checks in deals

Foreclosure payment questions answered

Got questions about the foreclosure payments that are being mailed out to borrowers? Here are some answers. Continue reading

Posted in Mortgages | Tagged , , , , , , | Comments Off on Foreclosure payment questions answered

Foreclosure ‘review’ checks on the way

If your home was in the process of foreclosure in 2009 and 2010, you may be getting a check in the mail next week. Continue reading

Posted in Mortgages | Tagged , , , , | Comments Off on Foreclosure ‘review’ checks on the way

Foreclosure review deal: Helpful?

What does the $8.5 billion foreclosure review settlement mean to borrowers? Continue reading

Posted in Mortgages | Tagged , , , , | Comments Off on Foreclosure review deal: Helpful?

BofA settles with Fannie Mae

The long-running disagreement is finally being resolved. Continue reading

Posted in Mortgages | Tagged , , , | Comments Off on BofA settles with Fannie Mae

Another mortgage settlement?

The deadline to apply for a foreclosure review coincides with reports that regulators are negotiating a multibillion-dollar settlement. Continue reading

Posted in Mortgages | Tagged , , , | Comments Off on Another mortgage settlement?

A mortgage deal & schizoid policy

If you are eager to learn the details on the national mortgage settlement that regulators recently announced, your wait may be over in a few days.
I spoke to Laurence Platt, a lawyer at K&L Gates, who is part of the legal team representing one of f… Continue reading

Posted in Mortgages | Tagged , , , | Comments Off on A mortgage deal & schizoid policy

Military gets foreclosure deal

Members of the military who were victims of wrongful foreclosures will receive substantial compensation from their mortgage servicers.
The U.S. Department of Justice has reached an agreement with four large lenders — JPMorgan Chase, Wells Fargo, Citig… Continue reading

Posted in Mortgages | Tagged , , | Comments Off on Military gets foreclosure deal