The Mortgage Mess Settlement Proposal: Off to an Awful Start | Fox Lake Towing and Recovery

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The Mortgage Mess Settlement Proposal: Off to an Awful Start

by Abigail Field on Mar.07, 2011, under Towing

A partial settlement plan has been constructed by a group of state attorneys general and federal regulators. In theory, it addresses banks’ flawed mortgage servicing, modification and foreclosure practices. In reality, it just lets the banks off the hook.

Continue reading The Mortgage Mess Settlement Proposal: Off to an Awful Start

The Mortgage Mess Settlement Proposal: Off to an Awful Start originally appeared on DailyFinance on Mon, 07 Mar 2011 16:00:00.

Filed Under: Columns, Economy, Real Estate, Credit

:@aoloriginal, AttorneysGeneral, bankruptcy, banks, clouded title, Columns, Covington Burling, Credit, economy, foreclosure crisis, foreclosures, HAMP, homeowners, hsbc, loan modification, loans, MERS, mortgage fraud, mortgage modification, mortgages, principal reduction, Real Estate, Regulators, robo-signers, servicers

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