Housing Market, Lawsuit Settlement | featured news

450,000 to Get Payments in Countrywide Settlement

450,000 to Get Payments in Countrywide Settlement

Countrywide Home Loans agreed to pay borrowers $108 million for charging excessive fees when they fell behind on their mortgages.

 

BofA near $8.5 billion settlement on securities: report

BofA near $8.5 billion settlement on securities: report

Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from investors that lost money on mortgage-backed securities, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

 

Bank regulators reach settlements with mortgage lenders

Bank regulators announced settlements on Wednesday with the largest home lenders over allegations of shoddy foreclosure practices, but the pacts did not include financial penalties.

 

Subscribe to this RSS topic: Syndicate content