U.s. Seals Mortgage Settlement With Top Banks

Mortgage Settlement

WASHINGTON (Reuters) - The U.S. government said on Thursday that the biggest U.S. banks will provide $25 billion in relief to distressed homeowners and states, as officials hold lenders responsible for taking illegal shortcuts during foreclosures and other mortgage paperwork.

RELATED ARTICLES
BING NEWS:
  • U.S. seals mortgage settlement with top banks
    The settlement, a year in the making, also seeks to reform mortgage servicing practices to lessen the chances of similar problems occurring again. It is the largest joint state-federal settlement in history, and involves banks that collectively service ...
    12/31/1969 - 7:00 pm | View Link
  • Deutsche Bank races against time to reach U.S. settlement
    Deutsche Bank is throwing its energies into reaching a settlement before next month’s presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. The threat of such a large fine has pushed ...
    12/31/1969 - 7:00 pm | View Link
  • U.S. Bancorp unit settles lawsuit over role as trustee
    The settlement was disclosed in papers filed on Wednesday in U.S. District Court in Manhattan and requires court approval. Several big banks acted as trustees for mortgage-backed securities in the real estate bubble of a decade ago. In the aftermath of the ...
    12/31/1969 - 7:00 pm | View Link
  • Venezuela Recalls Top Diplomat in U.S. over Sanctions
    Non-commercial news needs your support. We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.
    12/31/1969 - 7:00 pm | View Link
  • 55 Interesting Facts About The U.S. Economy In 2012
    Our patented products with FDA and EPA approvals can heal and protect from infection against antibiotic resistant bacteria, microbial parasites, virus, yeasts, fungus and mold - as well as quickly disinfect your drinking water.
    12/31/1969 - 7:00 pm | View Link
  • More
BING SEARCH:
  • Military Daily News | Military.com
    Daily updates of everything that you need know about what is going on in the military community and abroad including military gear and equipment, breaking news ...
    03/24/2017 - 7:08 am | View Website
  • The Free List of Bank & Credit Union Repo Sales ...
    Repo Finder provides free repossessed bank cars for sale, bank repossessed cars, credit union repossessions, and ATV repo lists among other repo sales service lists ...
    03/24/2017 - 5:49 am | View Website
  • Scambusters.org | Internet Scams, Identity Theft, and ...
    Since November 1994, Scambusters.org has helped over eleven million people protect themselves from scams... Scambusters is committed to helping you avoid getting ...
    03/24/2017 - 3:41 am | View Website
  • Arvine Pipe and Supply Co.
    Love it, or we’ll pick it up! Ron Arvine, President of Arvine Pipe & Supply Co., Inc. has built his reputation in the oil field by standing by this motto.
    03/23/2017 - 10:01 am | View Website
  • Video News
    Watch breaking news videos, viral videos and original video clips on CNN.com.
    03/23/2017 - 7:02 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News