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Loan Modification

: Loan Modification & Home Loan News

Attorneys General Push for Loan Reductions, Seek Bank Accord

By Moe Bedard

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(Source: Bloomberg) – State attorneys general are pushing lenders to reduce loan balances and said they hope to reach a final settlement with banks over their mortgage-servicing and foreclosure practices within two months. The states along with federal agencies submitted a 27-page settlement proposal last week to the country?s five largest mortgage servicers and aim [...]

Full post as published by Loan Modification & Home Loan News on March 08, 2011 (boomark / email).

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