Mortgage settlement is great — for politicians and banks The settlement mostly requires mortgage lenders and servicers to comply with what I would have thought was already the law, which prohibits, you know, criminal fraud. I hate a parade. And the parade of rosy self-congratulation staged last week by the creators of the $25-billion mortgage fraud settlement with five big banks is the kind of parade I really hate. Homeowners Receive $25 Billion Mortgage Settlement, But Is It Enough? About one million distressed homeowners are expected to receive mortgage relief in the form of a major settlement on behalf of big banks. In what is the largest attempt to aid the U.S. housing crisis to ... Mortgage deal means more foreclosures Even as the $26 billion mortgage settlement helps hundreds of thousands of troubled homeowners, it will bring a wave of new foreclosures. Mortgage settlement is too little, too late for many Some who suffered foreclosures say the payouts are a pittance, and many homeowners in trouble won't qualify for help. The massive mortgage settlement may be setting new national standards for loan servicing, but it may be too little and too late to help troubled homeowners. Mortgage deal: What the critics say The $26 billion mortgage settlement had a lot of support -- as evidenced by the 49 out of 50 state attorneys general that signed on to it. Mortgage settlement includes billions for Inland Empire, L.A. County Mortgage lenders will be required to deliver billions in relief to troubled San Bernardino and Los Angeles county homeowners under the terms of a newly announced settlement involving the nation's five largest banks and 49 states. Kentucky joins mortgage foreclosure settlement Kentucky will receive $58.8 million as part of a $25 billion national mortgage foreclosure settlement with the five of the country's largest banks.On Thursday, Attorney General Jack Conway said he had ... Mortgage settlement is also housing relief package The $25-billion mortgage settlement between banks and state and federal governments is an effort to patch the housing market. The landmark $25-billion settlement between major banks and state and federal governments is aimed at doing more than just helping people who lost their homes through improper foreclosures. Kamala Harris has key role in mortgage settlement There were two people without whom the $26 billion mortgage settlement would not have been done. One is the attorney general of California. The other is the president of Wells Fargo 's home mortgage division. Four... Wash. share of mortgage settlement: $648 million Washington's share of a $25 billion settlement with the nation's biggest mortgage lenders over foreclosure abuses will be about $648 million, the state attorney general said Thursday.
Key Words: mortgage settlement
References:
http://www.jsonline.com/news/opinion/walker-shouldnt-squander-mortgage-settlement-funds-fg4511b-139129604.html
http://www.twincities.com/wisconsin/ci_19939065?source=rss
http://www.tampabay.com/news/business/reaction-to-the-landmark-25-billion-mortgage-settlement-pours-in/1214960
http://www.courant.com/business/hc-foreclosure-settlement-box-20120210,0,6900991.story?track=rss
http://www.startribune.com/business/138980684.html
http://feeds.sfgate.com/click.phdo?i=91b2ea5a77465812ea7c6df93e20644c
http://online.wsj.com/article/SB10001424052970203824904577212871116705212.html?mod=rss_whats_news_us
http://feeds.sfgate.com/click.phdo?i=1d70c8d40a9a1d545da87568d55cf054
http://www.foxnews.com/politics/2012/01/23/mortgage-lenders-states-reach-draft-settlement-over-deceptive-foreclosure/
http://pixelhat.net/
Saturday, February 11, 2012
Walker shouldn't squander mortgage settlement funds to use part of fill budget hole; Democrats object Reaction the landmark $25 billion pours in What Consumers Need To Know About Mortgage Servicing Settlement include $17 aid is great — for politicians and banks Do Big Banks Owe You Money Wisconsin Hawaii joins $25B servicing national fix hole W.Va. gets $34m lending deal PreMarketing Bond King twilight Metro Detroit officials praise foreclosure as a victory local homeowners pact yield billions California Deal Lifts Hopes Markets Attorney general's pressure on paying off Ohioans will get share States OK Foreclosure Kamala Harris has key role Close DealOn Payouts
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