News about Loan Modification Information issue #170

by Joe Manausa on February 11, 2012

02/11/2012
CBS LocalBank of America settles lawsuit with state over mortgage redosLas Vegas Review – JournalBy Chris Sieroty Bank of America Corp., aside from the nationwide foreclosure deal, has settled a separ more…
02/11/2012
KRMGPruitt defends decision to opt out of multistate bank settlementTulsa WorldAll of that money will be awarded essentially as compensatory damages for Oklahomans who were the victims of unfair and u more…
02/11/2012
Lenders to send $47.1M to Miss.Jackson Clarion LedgerMississippi's share of the landmark settlement with the nation's top mortgage lenders should be about $47.1 million, according to Attorney more…
02/11/2012
Los Angeles TimesMortgage settlement is great — for politicians and banksLos Angeles TimesMost of the balance is in mortgage relief for stressed or underwater mortgage holders, including principal r more…
02/11/2012
AG says BofA lawsuit gave Nevada leverageReno Gazette JournalMasto said the Bank of America deal also promises 25 percent more homeowner mortgage modifications for homeowners in the state. Lenders in more…
02/10/2012
N.J. gets $837.7M in nationwide mortgage and foreclosure settlementDailyrecord.comBorrowers who are delinquent on their payments, at risk of default, or owe more than their homes are worth will receiv more…
02/10/2012
Government Strategies Alert: Massachusetts Joins 49-State Mortgage SettlementJD Supra (press release)Much of this funding will go to borrowers through loan modifications. However, certain borrowers wi more…
02/10/2012
Globe and MailBernanke's speech to home buildersReutersTraditionally, mortgage interest rates have been a key transmission channel of monetary policy; and banks' mortgage lending policies dire more…
02/10/2012
Oklahoma AG Pruitt Explains Opting Out of Federal Foreclosure-Abuse SettlementLoanSafeThe agreement also requires substantial changes in how servicers do business, which will help to ensure the abuses more…
02/10/2012
WPTVImpact 5: Change in federal law to help thousands of Florida families caught …WPTVStarting as early as May, changes being made to a federal program will allow homeowners — for the first time — more…

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