State AGs propose settlement with mortgage servicers

State AGs Offer New Settlement Terms to Mortgage Servicers WASHINGTON – After months of stalemate, the state attorneys general have proposed new terms to the top five mortgage servicers that drop some controversial provisions of their first attempt at a settlement, including a push to force banks to reduce principal on thousands of mortgages.

States – including Delaware, California and New York – and several activist groups have criticized the terms of the proposed deal as too lenient toward the banks. Under a settlement that state and..

This website provides information on the joint state and federal settlements involving residential mortgage foreclosures and loan servicing. For information about the settlement for which you may be eligible, begin by locating your Mortgage Servicer – the entity to which you sent your monthly Mortgage Payments up until your foreclosure – from the list below, or clicking on the name of the.

BofA Rolls Out $8.4 Billion Loan Mod Program The Bank of America Mortgage Settlement Fiasco. incentives under President Obama’s $75 billion Home Affordable Modification Program (HAMP) toward the loan modifications it is required to make.Government shutdown costs continue to accumulate Five ways the government shutdown could end – and why they probably won’t happen – The partial government shutdown blew through the record. have grown increasingly anxious about the potential political costs for them back home from the extended shutdown. They could approve the.

Perhaps the AG was expecting a settlement? "But that’s what class action lawyers do," Berger told me. LPS pushed the state to supply evidence backing up its claim that LPS — now Black Knight.

Primed for Trouble: Pace of Mortgage Distress Shifts to Prime Borrowers The debates of the 2008 presidential election are now over, brought to a close by an at-times testy back and forth between Barack Obama and John McCain at Hofstra University in New York. McCain did.

WASHINGTON – U.S. Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers announced today that the federal government and 49 state attorneys general have reached a landmark billion agreement with the nation’s five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses.

Attorney General Mortgage Settlements The Attorney General has obtained broad-ranging settlements from many major banks. If you are a homeowner struggling to pay your mortgage or facing foreclosure, or if you have already lost your home to foreclosure, it is possible that these settlements could help you.

A.G. schneiderman announces million MULTI-STATE SETTLEMENT WITH PHH MORTGAGE CORPORATION Agreement with 49 States, D.C., and 45 state mortgage Regulators Holds PHH Accountable for Improper Mortgage Servicing Between 2009 and 2012; 1,600 New Yorkers Eligible for Payment

The Mortgage Bankers Association (MBA) provided its annual assessment of The State of the Mortgage Industry in a press conference. Another area of uncertainty is the 50-state settlement with.