Tag:
Mortgage Settlement
Latest Headlines
Latest Headlines
Bank of America agrees to more principal reductions
Bank of America may finally be close to putting the foreclosure fiasco behind it.
Dick Bove on the mortgage settlement
While analysts maintain the $26 billion settlement between banks and states is a net positive, there have been plenty of critics. You can add Dick Bove to the list. In an interview with The Daily ...
Deal's narrow immunity sparks concerns
The mortgage settlement between the top five mortgage banks and state attorneys general may indeed be a net positive in the short term, as it offers more certainty about the myriad state inquiries...
Banks face limited mortgage settlement fallout
The bottom-line impact of the ballyhooed $25 billion settlement between five big mortgage banks and nearly all states will likely be limited. Bank of America will contribute the majority of the...
States, banks finally ink $26B mortgage settlement
After more than a year of talking, state attorneys general inked a $26 billion deal with banks to settle a litany of residential mortgage abuses.
New York AG’s cancels press conference
Once again, New York has found itself in the middle of a storm regarding the proposed settlement between states and big mortgage banks. In a surprising development, New York’s AG Eric...
New snags hinder mortgage settlement deal
Monday was the deadline for states to sign onto a deal hammered out with big mortgage companies to settle a litany of fraud charges. More than 40 states have agreed to the deal, but the effort to get...
California, New York might sign on to settlement
When the New York attorney general sued three big consumer banks and MERS last week, it seemed like a thumb up the nose of the majority of other states who were on the verge of signing a deal to...
New York sues 3 big banks and MERS
Eric Schneiderman of New York has been among the most combative attorneys general when it comes to big banks and their mortgage sins. He proved such a provocateur that he was actually asked to leave...
Mortgage settlement deal hinges on California
Recall that California has emerged as a wildcard in the on-again, off-again mortgage settlement talks between state AGs and federal agencies on one hand and banks and mortgage services on the other....
