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Loan Modification

: Loan Modification & Home Loan News

How Not to Make a Mortgage Servicing Settlement: Lessons from ?08

By Moe Bedard

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(Source: American Banker By Alex Ulam) – In October 2008, 11 state attorneys general settled a lawsuitwith Bank of America Corp. that was supposed to provide relief for up to 400,000 homeowners. Two of the states hardest hit by the foreclosure crisis, Nevada and Arizona, are suing B of A, alleging that the bank is not [...]

Full post as published by Loan Modification & Home Loan News on March 28, 2011 (boomark / email).

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