Posts Tagged ‘$25B’

Feds announce $25B settlement over foreclosure abuse – Fox News

Fox News Feds announce $25B settlement over foreclosure abuseFox NewsWASHINGTON – Federal officials announced Thursday that 49 states have accepted a $25 billion foreclosure-abuse settlement with the five largest mortgage lenders — a deal that primarily helps underwater homeowners but pays just $2000 to those already …US, Banks Agree on Foreclosure PactWall Street JournalLandmark settlement [...]

$25B foreclosure deal: What it could mean for homeowners – CBS News

Fox News $25B foreclosure deal: What it could mean for homeownersCBS NewsGovernment officials announced Monday the nation's five biggest lenders have agreed to overhaul the industry after deceptive foreclosure practices and robo-signing caused many homeowners to lose their homes. The proposed settlement applies to privately …Bank Foreclosure Deal Reviewed by States as Delaware Drops OutBusinessWeekDeal [...]

$25B deal with banks over deceptive foreclosure practices sent to AGs as … – Washington Post

Fox News $25B deal with banks over deceptive foreclosure practices sent to AGs as …Washington PostWASHINGTON — The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. A draft settlement between the banks and US …Mortgage lenders offers states [...]

$25B nationwide mortgage deal goes to states – The Associated Press

$25B nationwide mortgage deal goes to statesThe Associated PressNegotiations have been dragging on for more than a year over fraudulent foreclosure practices that drove millions of Americans from their homes during the housing crisis. In October 2010, major banks temporarily suspended foreclosures following …and more » View full post on foreclosures – Google News

AGs eye $25B US foreclosure settlement – Boston Herald

Mortgage Rates & Trends (blog) AGs eye $25B US foreclosure settlementBoston HeraldState Attorney General Martha Coakley and her counterparts from around the country are plotting strategies this week in what reportedly could be a $25 billion settlement with top US banks over the foreclosure crisis. …States Push Banks to Fix Foreclosure ProcessWall Street JournalStates Seek [...]

AGs eye $25B U.S. foreclosure settlement – Boston Herald

AGs eye $25B U.S. foreclosure settlementBoston HeraldState Attorney General Martha Coakley and her counterparts from around the country are plotting strategies this week in what reportedly could be a $25 billion settlement with top US banks over the foreclosure crisis. …and more » View full post on foreclosures – Google News