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Loan Modification

: Loan Modification & Home Loan News

In Proposed Mortgage Fraud Settlement, a Gift to Big Banks

By Moe Bedard

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(SOURCE: by Jesse Eisinger  ProPublica) -Lurking in a proposed mortgage fraud settlement with the state attorneys general is a clause that could be worth billions for the big banks. Yes, I mean the settlement that might extract the supposedly large sum of $20 billion [1] from the banks to settle foreclosure fraud. The one denounced [...]

Full post as published by Loan Modification & Home Loan News on March 17, 2011 (boomark / email).

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