Mortgage Settlement

Homeowners Suing State For Diverting Funds Meant To Help Struggling Homeowners

The Huffington Post | Alexander Eichler | Posted 05.29.2012

Read More: Foreclosure Crisis, Housing Bust, Video, Mortgage Settlement, Mortgage Crisis, Homeowners, Foreclosure, Arizona Mortgage Settlement, Arizona, National Mortgage Settlement, Housing Crisis, Business News

Remember the national mortgage settlement? Remember how a bunch of states have been taking their share of the money -- which was meant to be used to h...

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The Mortgage Mess: Just How Many Screwups Were There?

HuffingtonPost.com | Ben Hallman | Posted 05.30.2012

Read More: Foreclosure Crisis, Mortgage Settlement, National Mortgage Settlement, Gmac, Independent Foreclosure Review, Ally Financial, Business News

Trying to count the number of bank screwups during the foreclosure crisis is a little like guessing the amount of change in a huge jar: You can see th...

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Below the Fold: Feds Pipe Up and Greedy Governors Screw Homeowners

Richard Zombeck | Posted 05.24.2012

Read More: Protests, Federal Reserve, Foreclosure Crisis, Foreclosure, Mortgage Settlement, Business News

A wrap-up of stories and posts you might have missed or overlooked -- the ones below the fold: There's been more than the usual static from the Federal Reserve Banks this month.

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In State AG Campaigns, Foreclosure Often The Missing Issue

HuffingtonPost.com | Matt Sledge | Posted 05.18.2012

Read More: Beau Biden, Video, Foreclosure Crisis, Mortgage Settlement, State Attorneys General, Kamala Harris, California Attorney General, Eric Schneiderman, Bob Ferguson, Mortgage Crisis, Financial Regulation, Foreclosure Settlement, Kathleen Kane, Politics News

NEW YORK -- The nation's attorneys general flexed their legal muscles earlier this year when they signed off on a $25 billion national mortgage settle...

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Early CFPB Reforms Disappoint Activists

HuffingtonPost.com | Ben Hallman | Posted 05.15.2012

Read More: Richard Cordray, Mortgage Settlement, Dodd-Frank, Consumer Financial Protection Bureau, Cfpb Mortgage, Mortgage Servicers, Consumer Financial Protection Agency, National Mortgage Settlement, Business News

When the framers of the national mortgage settlement agreed to let the deal expire in three-and-a-half years, it was with the assumption that the Cons...

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Mortgage Settlement Monitor Wants To Hear Your Gripes

HuffingtonPost.com | Ben Hallman | Posted 05.10.2012

Read More: JPMorgan Chase, Foreclosure Crisis, Mortgage Settlement, Wells Fargo, Ally Bank, Foreclosure Relief, Bank of America, Joseph Smith, GMAC Mortgage, National Mortgage Settlement, Mortgage Monitor, Citigroup, Business News

Have a complaint about the bank managing your home loan? Joseph Smith, the former North Carolina banking commissioner charged with enforcing the natio...

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Bank To Pay Hundreds Of Millions To Settle Claims Of Reckless Lending

Reuters | Posted 05.11.2012

Read More: Deutsche Bank, Federal Housing Administration, Allied Home Mortgage Corp, Foreclosure Crisis, Video, Mortgage Settlement, False Claims Act, Reuters, Mortgage Crisis, Department of Justice, Foreclosure, Mortgageit, U.S. Department of Housing and Urban Development, Citigroup, Business News

* One of biggest US lawsuits over risky home loans * HUD incurred losses when some of the loans defaulted * Damages to b...

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Shocker: $25 Billion Mortgage Settlement Expires

HuffingtonPost.com | Ben Hallman | Posted 05.03.2012

Read More: JP Morgan Chase, Foreclosure Crisis, Mortgage Settlement, Kamala Harris, California Attorney General, Wells Fargo, Ally Financial, Bank of America, Foreclosure, National Mortgage Settlement, Citigroup, Business News

The promises made by five of the nation's largest banks under the much-ballyhooed $25 billion mortgage settlement have a surprisingly short shelf life...

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Say Something Already! Obama and Romney's Housing Crisis

Adam Levin | Posted 04.27.2012

Read More: Mortgage Crisis, Elections 2012, Mitt Romney, Obama, Mortgage-Backed Securities, Business, Foreclosure Crisis, Mortgage Settlement, Bank of America, Romney, Business News

Despite what the media and candidates might have you believe, real estate, home ownership and mortgages are the most important issues of the coming presidential election.

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In Widely Published Photo, A House That Illustrates The Foreclosure Crisis

HuffingtonPost.com | Ben Hallman | Posted 04.24.2012

Read More: Islip, Foreclosure Crisis, Mortgage Settlement, Subprime Mortgages, People's Choice Home Loans, Lehman Brothers, Wells Fargo, Mortgage Servicers, Brentwood Ny, Aurora Loan Services, Mortgage Crisis, Central Islip, Foreclosure, Lehman Brothers Bankruptcy, Brentwood New York, National Mortgage Settlement, Business News

ISLIP, N.Y. -- Photographer Spencer Platt spotted the small white house with boarded-up windows and doors a couple months ago, when he was out here on...

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Foreclosure Crisis Affects Huge Number Of Children

The Huffington Post | Alexander Eichler | Posted 04.18.2012

Read More: Child Poverty, Foreclosure Crisis, Poverty, Mortgage Settlement, Children in Recession, Kids, Children, Foreclosure Children, Kids in Recession, Foreclosure, Home Foreclosures, Video, Business News

The foreclosure crisis could end up directly affecting as many as 8.3 million children, according to a report out this week from the advocacy group Fi...

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A Major Setback For Kamala Harris

HuffingtonPost.com | Aaron Sankin | Posted 04.18.2012

Read More: Homeowner Bill of Rights, Mortgage Settlement, Kamala Harris, California Attorney General, Kamala Harris Foreclosures, Mortgage Fraud, Kamala Harris Homeowner Bill of Rights, San Francisco Foreclosure Report, Kamala Harris Bills, California Homeowner Bill of Rights, Video, San Francisco News

For the nearly two years that Kamala Harris has been California's Attorney General, she has made the fight against fraudulent foreclosures her signatu...

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They're 'Not Aware' Of Mortgage Settlement?!

HuffingtonPost.com | Ben Hallman | Posted 03.27.2012

Read More: Principal Reduction, Mortgages, JPMorgan Chase, Foreclosure Crisis, Freddie Mac, Mortgage Settlement, Bank of America, Fannie Mae, Foreclosure, Business News

Mira Tanna, a housing advocate in Orlando, Fla., doesn't expect everyone to know the details of the recently announced $25 billion mortgage settlement...

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Finally, A Commonsense Proposal in the Mortgage Foreclosure Crisis

Amy Hovey | Posted 05.26.2012

Read More: Freddie Mac, Foreclosures, Mortgages, Housing Market, Foreclosure Crisis, Mortgage Settlement, Subprime Mortgages, Housing, Federal Housing Finance Agency, Foreclosure Rate, Fannie Mae, Mortgage Crisis, Foreclosure Settlement, Business News

We've tried and seen the consequences of a laissez faire approach. The fact is that the market cannot correct itself. It's time for the guiding hand of government to provide the push that can send homeowners, communities and the economy on the road to recovery.

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Home Loans Can Walk, Your Mortgage Nightmare Explained

Ben Hallman | Posted 05.22.2012

Read More: Mortgage Servicing, Foreclosures, Financial Crisis, Mortgage Settlement, Beal Bank, Mortgage Debt, Housing Crisis, Foreclosure Settlement, Home News

These days home loans, especially loans in default or otherwise in distress, get traded around more often than a mid-career relief pitcher.

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Foreclosure Activist Says $18 Million Doesn't Make Up For Homeowners' Harms

HuffingtonPost.com | Zach Carter | Posted 03.20.2012

Read More: Foreclosures, Foreclosure Crisis, Mortgage Settlement, Housing, Szymoniak, Lynn Szymoniak, Economy, Jobs, Foreclosure Fraud, Housing Crisis, Foreclosure Settlement, Video, Mortgage, Wall Street, 60 Minutes, Financial Crisis, Banks, Foreclosure, Business News

The last four years have not been easy for Lynn Szymoniak. Since early 2008, she has waged a seemingly endless series of legal battles against some of...

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Fed Fines Big Banks For Alleged Foreclosure Abuse

AP | DEREK KRAVITZ | Posted 03.19.2012

Read More: Video, Foreclosure Crisis, U.S. Bancorp., PNC Financial Services Group, Mortgage Settlement, SunTrust Banks, Mortgage Crisis, Suzanne G. Killian, Metlife, Federal Reserve, Homeowners, OneWest Bank, Goldman Sachs Group, HSBC Holdings Plc, Everbank, Business News

WASHINGTON -- The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly foreclosing on homeown...

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Donovan To States: 'Do The Right Thing' With Mortgage Settlement

HuffingtonPost.com | Ben Hallman | Posted 03.16.2012

Read More: JPMorgan Chase, Video, Mortgage Settlement, Wells Fargo, Ally Financial, Bank of America, Shaun Donovan, Department of Housing and Urban Development, Citigroup, Business News

Alarmed by reports that states may divert mortgage settlement money intended to help homeowners, Housing and Urban Development Secretary Shaun Donovan...

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She Was In Foreclosure, But Now She's Got $18 Million

The Huffington Post | Alexander Eichler | Posted 03.15.2012

Read More: Foreclosures, Foreclosure Crisis, Mortgage Settlement, Robo-Signing, Whistleblower, Lynn Szymoniak, $25 Billion, $18 Million Settlement, Foreclosure Fraud, Home Foreclosures, Foreclosure Settlement, Video, Business News

Look closely at the paperwork if you ever get foreclosed on. It could pay off. That's what Lynn Szymoniak learned when her bank foreclosed on her P...

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Mortgage Settlement: How Much Will the Banks Really Pay?

HuffingtonPost.com | Ben Hallman | Posted 03.12.2012

Read More: Financial Crisis, Video, Mortgage Settlement, Shaun Donovan, Housing Crisis, Attorney General, Foreclosure Settlement, Business News

The massive settlement among states, the federal government and five of the biggest banks landed on Monday, at last, in a Washington, D.C., federal di...

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Foreclosure Deal Documents Lack Detail On Banks' Alleged Misdeeds

Reuters | Posted 05.12.2012

Read More: Video, National Mortgage Deal, Mortgage Settlement, Reuters, Business News, National Foreclosure Deal, National Foreclosure Settlement, Justice Department, Big Banks, National Mortgage Settlement, Business News

* Previously announced pact filed in federal court * Banks commit to $25 bln, much as mortgage relief * Ally Financial n...

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One Month Later, We Might Finally See The Details Of That Huge Foreclosure Deal

Reuters | Posted 05.09.2012

Read More: Foreclosures, Foreclosure Crisis, Video, Mortgage Settlement, Housing, Mortgage Settlement to Be Filed, Reuters, Mortgage Settlement Court, Mortgage Settlement Filing, Housing Crisis, Foreclosure Settlement, Mortgage Settlement Approval, Business News

WASHINGTON, D.C., March 9 (Reuters) - A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices a...

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This Is Not A Misprint: Good News For Some Homeowners With Bank of America Loans

HuffingtonPost.com | Ben Hallman | Posted 03.08.2012

Read More: Ira Rheingold, Shaun Donovan Hud, Mortgage Settlement, Bank of America, Hud, Bank of America Home Loans, Bank of America Mortgages, Shaun Donovan, Housing and Urban Development, Bank of America Foreclosures, Foreclosure Settlement, Business News

For once, now might be a good time to have a Bank of America home loan. Under the $25 billion foreclosure settlement signed last month, Bank of Ame...

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The Big Foreclosure Settlement? Still Not Done

HuffingtonPost.com | Ben Hallman | Posted 03.01.2012

Read More: Mortgage Settlement, Wells Fargo, Regulatory Reform, Bank of America, Financial Crisis, Foreclosure, Shaun Donovan, Foreclosure Settlement, Department of Housing and Urban Development, Business News

It's been 21 days since the government announced with great fanfare a $25 billion national foreclosure settlement with five big banks -- long enough f...

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Housing Regulator Won't Heed President Obama On Foreclosure Fix

HuffingtonPost.com | Ben Hallman | Posted 02.28.2012

Read More: Foreclosures, Principal Reduction, Freddie Mac, Mortgage Settlement, Housing, Robosigning, Recess Appointments, Fannie Mae, Edward Demarco, Fhfa, Underwater Mortgages, Foreclosure Settlement, Business News

High-level efforts to convince federal housing regulator Edward DeMarco to support a foreclosure prevention technique championed by the Obama administ...

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