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Loan Modification

: Loan Modification & Home Loan News

Banks? legal troubles mount as everyone seeks payback

By Moe Bedard

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WASHINGTON — Major U.S. banks are facing a double whammy from the subprime mortgage debacle: They’re under siege over their mishandling of home loan foreclosures and confronting mounting investor demands that they repurchase billions of dollars in failed mortgage securities. Amid revelations of the banks’ potentially massive legal problems, Housing and Urban Development Secretary Shaun [...]

Full post as published by Loan Modification & Home Loan News on October 22, 2010 (boomark / email).

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