mortgage settlement

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States use homeowner funds to plug budget holes

May 16, 2012
Major banks forked over billions of dollars in a mortgage settlement. Some states are using that money to fix any kind of budget gap.
Posted In: Housing, mortgage settlement

Banks try to adopt mortgage settlement rules

May 9, 2012
The big 49-state deal on mortgages was supposed to help clear the foreclosure backlog. So how are the banks faring now?
Posted In: Housing, Bank of America, mortgage settlement

Mortgage settlement to be closely policed

Mar 12, 2012
The $25 billion settlement announced last month finally details all the different types of relief for borrowers. But it sure took a long time.
Posted In: Housing, foreclosure, mortgage, mortgage settlement

The mortgage settlement may cost taxpayers

Feb 17, 2012
A report says U.S. taxpayers may end up on the losing side of the multi-billion-dollar housing settlement between banks and states. Former TARP Inspector General Neil Barofsky explains how we may be bailing out big banks again.
Posted In: mortgage settlement, Housing, foreclosures

Where Ally stands in the foreclosure settlement

Feb 17, 2012
When the news hit the other day of the blockbuster settlement for abuses in the foreclosure process, there may have been one brand you didn’t immediately recognize. Ally has really only been around since 2009, but there are already rumors swirling about its status.
Posted In: Ally, GM, GMAC, settlement, Housing, mortgage settlement, foreclosure

Nevadans scrutinize $25 billion foreclosure settlement

Feb 13, 2012
Banks will pay out billions over questionable foreclosure practices, like robo-signing. Will homeowners in hard-hit Nevada feel relief?
Posted In: mortgage settlement, Housing, foreclosures

HUD chief: Settlement is one piece of broader puzzle

Feb 10, 2012
The $25 billion foreclosure settlement is one of the biggest in history. But is it fair? Housing and Urban Development Secretary Shaun Donovan, one of the architects of the deal, responds.
Posted In: Housing, robo-signing, foreclosures, mortgage settlement

Bank settlement to bail out some underwater homeowners

Feb 10, 2012
Yesterday's $25 billion agreement between five big U.S. banks and state attorneys general could help some three million homeowners who owe more than their homes are currently worth.
Posted In: Housing, underwater mortgage, foreclosure, mortgage settlement

Who benefits from the national mortgage settlement?

Feb 10, 2012
The settlement between states and banks is worth $250 billion, but few homeowners benefit.
Posted In: Housing, foreclosures, mortgage, mortgage settlement

States nearing mortgage settlement with big banks

Feb 9, 2012
The Obama administration and nearly every U.S. state are reportedly ready to settle for $26 billion with five of the country's largest banks over allegations of abusive foreclosure practices.
Posted In: Housing, foreclosure, states, bank, mortgage settlement

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