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Foreclosure Deal Gives Banks Credit For Things They Were Already Doing

The New York Times  |  By Posted: 03/28/2012 11:19 am Updated: 03/28/2012 11:19 am

Foreclosure Settlement

In February, JPMorgan Chase donated a home to an Iraq war veteran in Bucoda, Wash., and Bank of America waived the $140,000 debt that a Florida man still owed after the sale of his foreclosed home. Over the last year, Wells Fargo has demolished about a dozen houses in Cleveland.

Read the whole story at The New York Times

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Filed by Jillian Berman  |