There are two separate mortgage settlements that will result in payments to borrowers this year. Don’t get them mixed up.
Got questions about the foreclosure payments that are being mailed out to borrowers? Here are some answers.
If your home was in the process of foreclosure in 2009 and 2010, you may be getting a check in the mail next week.
What does the $8.5 billion foreclosure review settlement mean to borrowers?
The long-running disagreement is finally being resolved.
The deadline to apply for a foreclosure review coincides with reports that regulators are negotiating a multibillion-dollar settlement.
ING Bank has agreed to pay $619 million to settle potential liability for apparent violations of U.S. sanctions.
If you are eager to learn the details on the national mortgage settlement that regulators recently announced, your wait may be over in a few days. I spoke to Laurence Platt, a lawyer at K&L Gates, who is part of the legal team representing one of five banks in the settlement. The team is in
Members of the military who were victims of wrongful foreclosures will receive substantial compensation from their mortgage servicers. The U.S. Department of Justice has reached an agreement with four large lenders — JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial — to provide “any service member who was a victim of a wrongful foreclosure a
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 banks to reduce the principal balance on many loans, refinance loans for underwater borrowers, and pay billions