Wednesday, February 22, 2012

National foreclosure settlement

  • Bank of Americas national hotline for homeowners seeking loan modifications is 877-488-7814. Under the settlement, the banks will have you can call Washington states foreclosure-prevention hotline: 877-894-HOME.
  • (Seattle Times)
  • FRANKFORT, Ky. (AP) — Kentucky will receive $58.8 million as part of a $25 billion national mortgage foreclosure settlement with the five of the countrys largest banks.
  • (YAHOO!)
  • Attorney General Jack Conway today announced that Kentucky will participate in the national foreclosure settlement.
  • (Examiner)
  • The $25.
  • (In These Times)
  • guidance and corporate best practices to financial institutions seeking to comply with the terms of the national foreclosure settlement announced on February 9 — the largest mortgage industry settlement in U.S. history.
  • (Yahoo Finance)
  • U.S. military members who were victims of wrongful foreclosures will receive a substantial payout as part of the provisions in the $25 billion nationwide foreclosure settlement reached between states, the federal government and five major lenders last week.
  • (Dover Post)
  • The national foreclosure settlement announced last week includes new mortgage rules intended to stop dual tracking.
  • (Huffington Post)
  • Look for a final announcement Thursday or Friday on a national foreclosure settlement that includes almost all the states and involves five major financial institutions.
  • (Detroit Free Press)
  • Connecticut Attorney General George Jepsen told state lawmakers Tuesday that a national settlement for mortgage abuses has by government officials as long-overdue relief for victims of foreclosure abuses.
  • (CNBC)

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