AP - Documents detail the terms of a discounted mortgage loan received by U.S.
button's tag archives
Details emerge on Rep. McKeon’s Countrywide loan (AP)
Hawaii joins $25B mortgage servicing settlement (AP)
AP - Hawaii has joined what’s being called a landmark $25 billion federal-state agreement with the nation’s five biggest mortgage servicers.
W.Va. gets $34m in national mortgage lending deal (AP)
AP - A settlement between mortgage lenders and states over foreclosure abuses includes nearly $34 million for West Virginia.
The Foreclosure Deal: Obama and the Banks Win Big While Homeowners See Modest Reward (Time.com)
Time.com - Overall, it’s a clear win for Obama and Democrats, a qualified win for the banks, and a minor, belated victory for homeowners
U.S. banks agree to $25 billion in homeowner help (Reuters)
Reuters - Five big U.S. banks accused of abusive mortgage practices have agreed to a $25 billion government settlement that may help roughly one million borrowers but is no magic bullet for the ailing housing market.
Obama: Mortgage deal turns page on reckless era (AP)
AP - President Barack Obama says a $25 billion settlement between mortgage lenders and states over foreclosure abuses “will begin to turn the page on an era of recklessness that has left so much damage in its wake.”
Colorado to get $205 million in foreclosure relief (AP)
AP - Colorado Attorney General John Suthers says Colorado will get about $205 million as part of a multistate settlement with the nation’s five largest national banks over home foreclosures.
US bank regulators roll fines into mortgage pact (Reuters)
Reuters - U.S. banking regulators are using the agreement announced on Thursday between large U.S.
California to get $18 billion under mortgage deal (Reuters)
Reuters - California’s attorney general said on Thursday her state will receive up to $18 billion in benefits under a federal-state mortgage settlement to be announced later today.
States, Feds to announce mortgage settlement (AP)
AP - Federal officials say a deal has been reached between states and the nation’s biggest mortgage lenders over foreclosure abuses.
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