Tag Archives: settlement
Mortgage deal questions answered
Since the $25 billion mortgage settlement with five of the nation’s largest banks was announced, borrowers across the nation wonder if or when they will benefit from it.
“This historic settlement will provide immediate relief to homeowners, forcing ban… Continue reading
Refis and write-downs for some
A $25 billion settlement agreement between regulators and five major banks could bring some — but not enough — relief to struggling borrowers.
A draft of the settlement was completed this week but has not been approved yet. According to an Associated… Continue reading
Robosigning deal may help
Federal and state regulators are close to reaching a settlement with some of the nation’s largest lenders over their shady foreclosure practices.
What’s in it for borrowers? About one million borrowers could receive mortgage relief in the form of loan … Continue reading